What Gumley Haft does

Gumley Haft is a privately held, founder-led property management firm founded in 1989 and headquartered at 1501 Broadway in Midtown Manhattan. The company provides property management, financial management, construction management, preventive maintenance, and brokerage services to cooperative and condominium buildings across New York City, managing an estimated 7,000 residential apartment units. Its client base spans luxury pre-war co-ops on the Upper East Side, larger post-war buildings in the Upper West Side, and high-rise condos in neighborhoods including the Financial District, Brooklyn, Greenwich Village, and Gramercy Park. The firm is led by CEO Daniel J. Wollman, a CPA whose financial expertise shapes the company's positioning around board financial advisory, reserve fund planning, and capital project oversight, with each client assigned a dedicated Finance Director.

The service model is fee-based recurring property management, augmented by project-based construction management fees on capital improvements ranging from $500,000 to over $7 million (facade restoration, elevator modernization, boiler replacement, Local Law 11 work). Revenue also includes affiliate referral commissions from long-standing brokerage partner Kleier Residential on resident buy/sell transactions within managed buildings. Technology enablement is delivered through strategic alliances with ClickPay for online resident payments and ACH debit, and AvidXchange for accounts payable automation and payment tracking. Marketing relies on thought-leadership publishing in industry outlets (Cooperator News, Habitat Magazine) and earned media (New York Times), targeting co-op and condo board members who act as the buying committee.

The firm has 101-250 employees, is independently owned with no disclosed parent company, institutional investor, or funding rounds, and has maintained continuous operations under Wollman's leadership since founding. Documented case-study engagements include a 50-story condo turnaround (from financial freefall to breaking even with a $20K surplus on a $5M budget), a $3M+ facade restoration at 700 Park Avenue, and a $500K+ elevator modernization decision support process at 1150 Fifth Avenue. No acquisitions, mergers, or material ownership changes are recorded in the available data.

Name

Gumley Haft

Legal name

Gumley Haft

Website

https://gumleyhaft.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Gumley Haft is a privately held, NYC-based property management firm founded in 1989 that manages approximately 7,000 residential units across co-op and condominium buildings in Manhattan and surrounding boroughs, offering property, financial, construction, and preventive maintenance services led by CPA CEO Daniel Wollman.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Cooperative (Co-op) Housing Association Management (BPAJAHAC)

akta.pro secondary industry

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

Keywords

• Property management services
• Co-op condo management
• Financial management
• Construction management
• Preventive maintenance

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Management Services: Core revenue from managing co-op and condo buildings in NYC. Services include day-to-day property management, financial oversight, preventive maintenance coordination, and construction management. Fees are typically structured as a percentage of building operating costs or flat management fees.
2. Brokerage Services: Referral fees and commissions from the affiliated brokerage Kleier Residential for buy/sell transactions in buildings they manage.
3. Construction Management: Project management fees and oversight services for major capital improvements including facade restoration, elevator upgrades, boiler replacement, and facade work. Projects range from $500,000 to over $7 million.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gumley Haft provides full-service property management, financial management, construction management, and preventive maintenance services to cooperative and condominium apartment buildings throughout New York City. The firm manages approximately 7,000 residential units, handling day-to-day building operations, financial oversight, capital improvement project management, and regulatory compliance for boards of co-ops and condos.

Product overview

Gumley Haft is a full-service property management company offering an integrated suite of services for New York City cooperatives and condominiums. The core offering consists of Property Management, Financial Management, Construction Management, and Preventive Maintenance services. The company, led by CEO Daniel Wollman (a CPA), manages approximately 7,000 residential units across NYC. Financial Management is prioritized as critical to building operations, with each client assigned a dedicated Finance Director. Construction Management handles capital improvement projects ranging from $500,000 to $7 million. An optional brokerage add-on service is provided through affiliate Kleier Residential for residents looking to buy or sell apartments.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Full-service property management for cooperative and condominium buildings in New York City, managing approximately 7,000 residential apartment units. Includes day-to-day operations, staff oversight, preventive maintenance coordination, and capital improvement project management for co-op and condo boards.
• Financial Management Comprehensive financial management services including budget planning, cash management, accounts payable/receivable, financial statement analysis, and annual certified audit preparation. Each client is assigned a Finance Director who oversees daily finances and develops annual operating and capital budgets.
• Construction Management Construction management services for major capital improvements including pre-and-postwar restoration, boiler replacement, elevator modernization, roof replacement, and facade restoration. Experience with projects ranging from $500,000 to over $7 million.
• Preventive Maintenance Preventive maintenance programs designed to extend infrastructure life and ensure systems operate effectively. Includes planning and scheduling equipment maintenance, record-keeping for inspections, and detecting and correcting potential problems before equipment failure.
• Brokerage Services Real estate brokerage services provided through affiliated company Kleier Residential, offering buying and selling assistance for residents of managed buildings, market analysis, and comparable sales information.

Quantifiable outcome

• Turned around distressed 50-story condo: from $4.6M LL11 crisis and financial freefall to breaking even with $20K surplus on $5M budget
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• Kleier ResidentialcoreChannel Partner/ Reseller/ DistributorLong-standing affiliation with Kleier Residential, one of New York's premier real estate brokerage firms. Kleier Residential is well-versed on buildings in the Gumley Haft portfolio and maintains professional relationships with the management team. Residents of managed buildings may choose Kleier for buy/sell transactions. Contact: Michele Kleier at (212) 970-3201.
• ClickPaysupportingTechnology or IntegrationStrategic alliance with ClickPay for online payment processing. Enables shareholders and unit owners to pay monthly fees online and set up automatic ACH debit. ClickPay provides 24/7 customer service via chat, phone, and email.
• AvidXchangesupportingTechnology or IntegrationStrategic alliance with AvidXchange for efficient tracking of payments and financial reporting. Part of the company's technology-enabled accounting and reporting systems.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• FirstService Residential: Large national residential property management company with a significant NYC co-op/condo portfolio. Operates at much greater scale than Gumley Haft but serves the same board customers with overlapping property management, financial, and capital project services.
• AKAM Living: Established NYC and tri-state property management company managing co-ops, condos, and rental buildings. Larger scale and broader service mix make it a broad incumbent competing for the same high-rise board accounts.
• Rose Associates: Large, established NYC real estate firm with property management, leasing, and construction services for residential and mixed-use buildings. A broader incumbent competing for premium co-op and condo management mandates.

Direct peers

• Halstead Management: NYC-focused property management firm affiliated with Halstead real estate, managing co-op and condo buildings across Manhattan and Brooklyn. Direct competitor for the same board clients and similar service bundle.
• Maxwell-Kates: NYC condominium and cooperative management firm of similar mid-market size to Gumley Haft, specializing in financial management, capital project oversight, and board advisory services for residential buildings.
• Orsid Realty Corporation: Long-standing NYC property management company managing co-op and condo buildings across Manhattan. Direct competitor offering the same day-to-day management, financial, and capital project services to boards.
• The Andrews Organization: NYC co-op and condo management firm of comparable size and tenure to Gumley Haft, with similar focus on financial management, capital improvement oversight, and board advisory for residential buildings.
• Cooper Square Realty: NYC-based property management firm serving co-op and condo buildings, with comparable mid-market positioning and a focus on financial and operational management of residential apartment buildings.
• New Bedford Management Corp. Mid-sized NYC co-op and condo management firm directly comparable in size and service mix to Gumley Haft, competing for board mandates in Manhattan and the surrounding boroughs.
• Choice New York Management / Choice NY: NYC-based co-op and condo property management firm of similar mid-market scale, offering bundled management, financial, and capital project services to residential boards.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/GumleyHaft
• Facebookfacebook.com/GumleyHaftRealEstate
• LinkedInlinkedin.com/company/gumleyhaft

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gumley Haft