MANAGING AGENTS

They manage your building.
No one manages them.

15 firms. 2,875 buildings. 21,936 Class C violations. No state license. No public registry. No complaint database. No disciplinary body. We built the accountability layer the state refuses to provide.

2,875 buildings tracked
15 firms scored
21,936 Class C violations
0 state licenses required

THE METHOD

We reverse-engineered what the state refuses to publish.

No city or state database lists managing agents or their buildings. HPD requires annual building registration but has no field for managing agent firm name. So we built the registry ourselves — identifying managing agent portfolios through pattern analysis of publicly available NYC housing data.

Every claim on this page is derived from public records. No private datasets. No paid subscriptions.

SCORED AGENTS

Full portfolio analysis complete.

These firms have been scored across 7 dimensions: HPD violations, DOB complaints, LL11 facade penalties, 311 patterns, NYSCEF litigation, financial indicators, and portfolio concentration.

#1

AKAM Associates, Inc.

363 buildings 3,137 Class C violations $7.8M DOB/ECB penalties

Fee abandonment model — lets compliance deadlines slide, absorbs financial penalties

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#2

FirstService Residential

543 buildings 5,797 Class C violations $11.8M DOB/ECB penalties

Habitability cliff model — hazardous violations concentrated in its worst-performing buildings

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THE TWO LARGEST FIRMS

Bigger is not safer.

AKAM and FirstService are the two largest managing-agent portfolios we've mapped — 364 and 543 NYC buildings. If competence scaled with size, these would be the best-run buildings in the city. They are not: FirstService, the larger firm, carries the higher per-building violation rate and the larger penalty total. Neither needs a license, an exam, or a regulator's sign-off — so nothing about being big, or small, is checked by anyone.

AKAM (363 buildings)

3,137 Class C violations
8.6 Class C per building
$7.8M DOB/ECB penalties

Manhattan co-op specialist — roughly three-quarters of its buildings are in Manhattan.

VS

FirstService (543 buildings)

5,797 Class C violations
10.7 Class C per building
$11.8M DOB/ECB penalties

The city's largest portfolio — and the higher per-building violation rate of the two.

ALL 15 FIRMS SCORED

The registry New York doesn't have.

Every firm below has been scored on Class C HPD violations: conditions the city classifies as immediately hazardous to life and health. Ranked by violations per building.

Source: HPD Violations, NYC Open Data. All data publicly verifiable.

# Firm Buildings Class C Violations Per Building
1 Kaled Management 46 1,479 32.2
2 Impact Real Estate 93 1,281 13.8
3 New Bedford Management 141 1,614 11.4
4 FirstService Residential 543 5,797 10.7
5 Veritas Property Mgmt 136 1,289 9.5
6 AKAM Associates, Inc. 363 3,137 8.6
7 Argo Real Estate 160 1,098 6.9
8 Douglas Elliman PM 307 1,960 6.4
9 Orsid Realty 232 1,360 5.9
10 Halstead Management 185 1,066 5.8
11 Century Management 132 627 4.8
12 Maxwell-Kates 192 787 4.1
13 Buchbinder & Warren 103 225 2.2
14 Wallack Management 60 113 1.9
15 Brown Harris Stevens 182 103 0.6
TOTAL 2,875 21,936 7.6

THE POINT

This data has always been public.

Every portfolio on this page was identified through analysis of publicly available NYC housing records. The data exists. It has always existed. No government agency has assembled it — not because they can't, but because no one has required them to.

If one person can build this registry from public records, the state's failure to maintain one is not a resource problem. It is a choice.

39 ADDITIONAL FIRMS · ≥200 CLASS C VIOLATIONS

Surfaced through HPD Registration Contacts.

Beyond the 15 firms above, these are managing agents and owner-operators identified through HPD Registration data that carry 200 or more Class C violations across their portfolio. Each firm has a dedicated page with per-building detail.

Source: HPD Registration Contacts (feu5-w2e2) + HPD Violations, NYC Open Data.

# Firm Buildings Class C Violations Per Building
1 Renaissance Equity Holding LLC 7 6,409 915.6
2 Concord Management Of Ny LLC 5 2,771 554.2
3 Cam Property Mgmt 2 2,695 1,347.5
4 Progressive Management Of Ny 11 2,550 231.8
5 Parkchester North Condominium 1 1,999 1,999
6 Metro Management Development 25 1,629 65.2
7 Wavecrest Mgmt Group 12 1,015 84.6
8 Ry Management Co Inc 14 958 68.4
9 C&c Apartment Management 19 954 50.2
10 Eastchester Heights Property Owner LLC 1 730 730
11 Langsam Property Serv. Corp. 1 709 709
12 The Parkchester South Condominium, Inc. 2 658 329
13 Medallion Real Estate 1 619 619
14 Belmont Daniel LP 1 543 543
15 Shinda Management Corporation 6 510 85
16 Prestige Management Inc. 11 449 40.8
17 Riverton Square, LLC 2 412 206
18 Meadowwood At Gateway 2 410 205
19 Skyc Management 1 400 400
20 Arete Management LLC 4 394 98.5
21 601 Albany Realty Corp 1 356 356
22 Fbe Kings Highway LLC 1 356 356
23 Highrise Property Management 9 326 36.2
24 Aras Properties Inc 4 318 79.5
25 Newport Management LLC 6 314 52.3
26 United Management 6 285 47.5
27 89-19 Tenants Corp 1 276 276
28 Langsam Prop. Ser. Corp. 2 268 134
29 John B Lovett 19 267 14.1
30 Langsam Prop. Services Corp. 2 255 127.5
31 All State Real Estate Services 1 253 253
32 Arco Management Corp 3 248 82.7
33 Marcy Place Realty Corp 1 240 240
34 Pillar Property Management 2 235 117.5
35 Ardowork Corporation 1 234 234
36 Mhr Management Inc 1 229 229
37 Breaking Ground Management Corp 2 215 107.5
38 Grenadier Realty Management 7 211 30.1
39 Fairstead Management LLC/ Locust 1 204 204

Note: some firms appear as the owner LLC for buildings that are self-managed (no third-party agent). For those, the LLC name reflects ownership, not a management-services contract. See per-page detail for the HPD contact type.

15 firms. 2,875 buildings. 21,936 hazardous violations.
Zero public accountability.

Every firm on this page operates without a state license, without a public complaint registry, and without a disciplinary body. The only accountability that exists is what we built.

See the 100+ issues → Read our methodology →