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CompassRock Real Estate

555 5th Avenue
New York, NY 10017
(866) 731-5193
Website
[email protected]

A relative newcomer, CompassRock Real Estate was formed in 2012 as a spin-off of CW Capital Asset Management but now has properties in more than 18 markets, though many of those are in New York City. It specializes in commercial property management, multi-family high-rise management, and real estate consulting.
 
CompassRock has taken over a number of troubled properties. In its first year doing business, the company took over the Stuyvesant Town and Peter Cooper Village complex, which had dealt with bankruptcy issues and allegations of rent overcharges over the years.
 
Two years later, in 2014, CompassRock dealt with a controversy of its own. Black tenants in the Harlem Riverton complex filed a $10 million lawsuit against CompassRock, claiming it and CW Capital Asset Management overcharged them in a bid to kick them out of their seven-building complex. CW had taken over the property in 2010 and CompassRock managed it since 2013.
 

CompassRock Real Estate, COO
555 5th Avenue, New York, NY, 866-731-5193
David Sorise is chief operating officer of CompassRock Real Estate, and also one...

11/05/2015
The 11,232-unit complex on Manhattan’s East Side boasts about 5,000 free-market rentals, including dozens of current listings for one-, two- and three-bedroom units. But about a third of the apartments being actively marketed by the property’s management firm, CompassRock Real Estate, are in the grey area of flex rentals -- units with partitioned rooms that can rent for significantly more than traditional apartments...