They pencil out budgets. They organize repairs. And many of Manhattan’s managing agents — the companies that handle the unglamorous, day-to-day aspects of the real estate business — seem particularly adept at weathering recessions. Many of the city’s major residential property management companies expanded during the recession and its aftermath, by gobbling up smaller firms or poaching clients from rivals, according to The Real Deal’s ranking.
Rank | Firm | Buildings | ||
---|---|---|---|---|
2013 | 2009 | 2013 | 2009 | |
1 | 1 | Andrews Building Corp. | 350 | 300 |
2 | 2 | Douglas Elliman Property Management | 290 | 250 |
3 | 3 | FirstService/Cooper Square Realty | 285 | 200 |
4 | 4 | Charles H.u00a0Greenthal Management | 185 | 184 |
5 | 5 | Brown Harris Stevens Residential Management | 163 | 152 |
6 | 6 | AJ Clarke Real Estate Corp. | 160 | 130 |
7 | 9 | Orsid Realtyu00a0 | 141 | 120 |
8 | 7 | Maxwell Kates | 140 | 122 |
9 | 14 | Halstead Management Companyu00a0 | 131 | 80 |
10 | 11 | AKAM Associates | 125 | 95 |
11 | 10 | Buchbinder & Warren | 120 | 100 |
12 | 13 | Matthew Adam Properties | 102 | 85 |
13 | 16 | Rose Propertyu00a0Management | 100 | 77 |
14 | 19 | HSC Management Corp. | 99 | 67 |
15 (tie) | 12 | Tudor Realty Services | 90 | 90 |
15 (tie) | 18 | Midboro Management Inc. | 90 | 69 |
17 | N /A | Argo Real Estate | 77 | N /A |
18 (tie) | 17 | Rudd Realty Management | 75 | 75 |
18 (tie) | 14 | Gumley Haft Real Estate Property Management | 75 | 80 |
20 | N/A | Century Management | 70 | N/A |