Association of Riverdale Cooperatives & Condominiums

What Association of Riverdale Cooperatives & Condominiums does

The Association of Riverdale Cooperatives & Condominiums, Inc. (ARC), founded in 1986, is a New York domestic non-profit corporation certified under section 402 of the Not-for-Profit Corporation Law. Its mission is the mutual advancement of its members engaged in the ownership and operation of buildings held cooperatively or in condominium. ARC operates as a membership trade association for residential cooperatives and condominiums throughout Riverdale, Fieldston, Kingsbridge, and other nearby areas of the Bronx, representing more than 130 member buildings.

ARC's core offerings are organized around four functions: (1) a clearinghouse of technical information on establishing, administering, maintaining, and improving residential co-ops and condos (delivered via downloadable PDFs covering topics like buying a co-op, board duties, fair admissions policy, and property tax); (2) educational programs, seminars, and meetings; (3) political advocacy before the New York State legislature, NYC Council, and federal representatives; and (4) operational support services for member buildings, including a $500–$2,000 mini-grants program for neighborhood-enhancing projects. ARC also coordinates collective bargaining through the Bronx Realty Advisory Board (BRAB) with SEIU Local 32BJ for building-service workers, and is affiliated with the Council of New York Co-ops & Condominiums (CNYC) at the state level.

ARC's business model is membership dues-based. Any residential cooperative or condominium within its service area may become a member by submitting an application and paying annual dues (figures not publicly disclosed); the 2025–2026 application cycle is scheduled to open in June 2025. Each member building designates a representative — typically the board president — who votes in ARC elections. Governance is handled by an elected Board of Directors (2024–2025 term led by President Michael Heller). Operating out of a Bronx P.O. Box, ARC has 11–50 employees per firmographic data and is governed by its member buildings rather than external investors.

Name

Association of Riverdale Cooperatives & Condominiums

Legal name

Association of Riverdale Cooperatives and Condominiums, Inc.

Website

https://arc-riverdale.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1–10 employees

Short description

ARC is a New York non-profit membership trade association, founded in 1986, representing more than 130 residential co-ops and condominiums in Riverdale, Fieldston, Kingsbridge, and nearby Bronx neighborhoods. It provides legislative advocacy, educational resources, and labor collective bargaining support funded by member annual dues.

Ownership category

akta.pro rank

Product category

Residential Cooperative Housing Association Services

NAICS

Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) (81399)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Industrial Park Owners Association Management (BPAJAHAH)

Keywords

• Cooperative housing advocacy
• Condominium association services
• Residential co-op support
• Nonprofit housing organization
• Co-op governance resources

Headquarters

HQ city

Uniondale

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, Others

Distribution channels1 record

Marketing channels4 records

Core offering

ARC is a membership-based nonprofit that serves residential cooperatives and condominiums in Riverdale and the Bronx. It functions as a clearinghouse for technical information on establishing, administering, maintaining or improving co-op and condo buildings; delivers educational programs, seminars and research; engages in political advocacy on legislative and regulatory issues affecting co-ops and condos; and develops services and programs that strengthen building management and operations for its members.

Product overview

The Association of Riverdale Cooperatives & Condominiums (ARC) is a non-profit membership organization that serves as a clearinghouse for technical information and provides educational programs, seminars, and advocacy services for co-op and condo owners. The organization offers membership benefits including access to resources, annual meetings, and a mini-grants program. ARC represents cooperatives and condominiums throughout Riverdale, Fieldston, Kingsbridge and other areas of the Bronx, New York.

Differentiator

Problem solved

Functional benefit

Products and services

• Technical Information Clearinghouse Centralized source of technical information on establishing, administering, maintaining and improving residential cooperatives and condominiums for member buildings in the Riverdale/Bronx service area.
• Educational Programs and Seminars Research, education, seminars, meetings and related programming that promote a better understanding of all aspects of residential cooperatives and condominiums for members in the service area.
• Political Advocacy Services Political action on legislative and regulatory issues directly affecting residential co-ops and condos in the service area, including direct engagement with NY State legislature, NYC Council and federal representatives.
• Management and Operations Support Programs and services that benefit, strengthen and improve the management and operation of residential co-ops and condos in the service area.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and major.

• SEIU Local 32BJcoreOthers · 1 January 2023Local 32BJ represents building workers including superintendents, porters, handymen and doormen in many Bronx buildings. BRAB (including ARC) negotiates collective bargaining agreements with this union on behalf of member buildings. A new 2023-2027 agreement was reached with cost increases less than those for Co-Op City and the Building & Realty Institute.
• Bronx Realty Advisory Board (BRAB)coreStrategic or Co-development PartnerBRAB is the collective bargaining representative for buildings throughout the Bronx, including cooperatives and condominiums represented by ARC. ARC has been continuously represented at the BRAB bargaining table for negotiations with SEIU Local 32BJ (representing building workers including superintendents, porters, handymen and doormen).
• Council of New York Co-ops & Condominiums (CNYC)majorStrategic or Co-development PartnerCNYC is a major statewide organization representing co-ops and condos. ARC is affiliated with CNYC and collaborates on advocacy efforts including property tax legislation, reverse mortgage access for co-op shareholders, and other housing policy issues.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Others

• PropertyShark (Yardi): Data and analytics platform providing property records, ownership, and building-level intelligence for NYC real estate. Comparable to ARC because it serves overlapping constituents (board members, buyers, and owners of co-op/condo buildings) seeking information about the residential housing stock ARC represents.
• Habitat Magazine: Long-running publication dedicated to NYC co-op, condo, and HOA board governance, providing news, education, and resources. Comparable to ARC because both serve the same co-op/condo board member audience with educational content and governance guidance, though Habitat is a media outlet rather than a membership association.

Regional players

• Co-op & Condo Resource Center (NY DOS): New York Department of State resource hub providing official guidance on co-op and condominium formation, governance, and dispute resolution. Comparable to ARC because both serve as information clearinghouses for the same residential co-op/condo audience, though the Resource Center is a public-sector authority rather than a member-driven non-profit.

Direct peers

• Council of New York Co-ops & Condominiums (CNYC): Statewide umbrella organization representing co-ops and condos across New York. CNYC is the most direct peer to ARC: ARC is explicitly affiliated with CNYC, and both run advocacy, education, and resource programs for residential co-op/condo boards—CNYC at the state level, ARC at the Riverdale/Bronx level.
• Bronx Realty Advisory Board (BRAB): Bronx-based collective bargaining representative for residential buildings negotiating with SEIU Local 32BJ. BRAB is a direct peer and close partner: ARC sits on the BRAB bargaining table and participates in the 32BJ contract negotiations that shape member building operating costs.

Broad incumbents

• Building & Realty Institute (BRI): Established Bronx-based association representing residential building owners/managers in labor negotiations and advocacy. Comparable to ARC because it negotiates 32BJ contracts on behalf of residential buildings and is referenced by ARC as a benchmark in collective bargaining outcomes.
• Community Associations Institute (CAI) – NYC/LI Chapter: National trade association for community associations (HOAs, condos, co-ops) with a local NYC chapter providing education, advocacy, and professional resources. Comparable to ARC because both serve residential community association boards with advocacy and education, though CAI operates at a national scale and covers HOAs broadly rather than focusing on NYC co-ops/condos.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/association-of-riverdale-cooperatives-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Association of Riverdale Cooperatives & Condominiums