AKAM Associates, Inc.

Managing agent — unlicensed in New York State

363 buildings. No state license. No public complaint registry. No disciplinary body.

363 buildings currently managed

3,137 Class C violations
(all-time, full portfolio)

$7.8M DOB/ECB penalties
(all types, all-time)

63 lawsuits, 25 largest buildings
(excl. tax appeals; 26 active)

PORTFOLIO GEOGRAPHY

363 buildings across four boroughs.

AKAM does not name itself in any NYC public dataset. We identified their full portfolio through pattern analysis of publicly available NYC housing registration records — cross-referencing officer filings, building registrations, and corporate identifiers across every multifamily property in the city.

272 Manhattan

41 Queens

39 Brooklyn

11 Bronx

THE PATTERN

Fee abandonment.

AKAM's distinguishing pattern is what we call fee abandonment: the firm lets compliance deadlines — Local Law 11 facade inspections among them — expire and absorbs the financial penalty rather than completing timely remediation. Across the portfolio, AKAM buildings have accumulated approximately $7.8M in DOB/ECB penalties (all infraction types, all-time) — among the highest penalty exposure of any firm we've scored.

This is not negligence in the traditional sense. It is a business model. The penalties are paid from building operating funds — meaning unit owners pay them through common charges. The managing agent bears no financial consequence. The facade remains uninspected. The risk remains with the residents and pedestrians below.

COMPARED

Bigger is not safer.

AKAM and FirstService are the two largest managing-agent portfolios in our catalog — 363 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.

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.

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.

THE 15 WORST AKAM BUILDINGS

Ranked by Class C violations.

Class C violations are HPD's highest severity — conditions that are immediately hazardous to life and health. These are the AKAM-managed condo and co-op buildings carrying the most Class C violations in the public HPD record.

#	Address	Borough	Class C Violations
1	160 Wadsworth Avenue	Manhattan	214
2	61 Tiemann Place	Manhattan	142
3	1165 East 54 Street	Brooklyn	134
4	75-50 Bell Boulevard	Queens	131
5	241 St Nicholas Avenue	Manhattan	106
6	1271 East 51 Street	Brooklyn	101
7	1270 East 51 Street	Brooklyn	97
8	1655 Flatbush Avenue	Brooklyn	97
9	178 Bradhurst Avenue	Manhattan	95
10	1190 East 53 Street	Brooklyn	93
11	73-62 Bell Boulevard	Queens	86
12	1199 East 53 Street	Brooklyn	74
13	98-05 63 Road	Queens	68
14	28 Jefferson Avenue	Brooklyn	66
15	2681 Broadway	Manhattan	52
16	56 West 11 Street	Manhattan	48
17	61-35 98 Street	Queens	47
18	73-55 210 Street	Queens	45
19	211-02 75 Avenue	Queens	42
20	710 Riverside Drive	Manhattan	42
21	1200 5 Avenue	Manhattan	42
22	333 West 56 Street	Manhattan	41
23	811 Cortelyou Road	Brooklyn	31
24	73-63 Bell Boulevard	Queens	30
25	224-24 Union Turnpike	Queens	27

Source: HPD Violations (NYC Open Data). Class C = immediately hazardous to life and health.

DATA SOURCE

Public records. 363 buildings.

The entire AKAM portfolio was identified through analysis of publicly available NYC housing registration records. Every building on this page is verifiable through city data. The methodology is proprietary but the underlying data is not.

If one person can map a 363-building portfolio from public records, the state's failure to maintain a managing agent registry is not a data problem. It is a policy choice.

RIGHT OF REPLY

We believe in hearing both sides.

AKAM Associates, Inc. has not yet been contacted for comment on this page. Per our Editorial Standards, we will request comment before publication and include any response verbatim, up to 500 words, alongside the relevant content.

363 buildings. $7.8 million in DOB/ECB penalties.
Zero regulatory consequences.

Every data point on this page comes from free public records. The only reason this information wasn't already public is that no one assembled it before.

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