Choice New York Management Company, LLC
- Company typePrivate
- Founded2009
- HeadquartersNew York, United States
- Headcount—
- GTM typeB2B
- OfferingServices
Choice New York Management Company, LLC firmographics
Firmographics- Name
- Choice New York Management Company, LLC
- Legal name
- Choice New York Companies
- Website
- https://choice-ny.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Ownership category
- akta.pro rank
Choice New York Management Company, LLC industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Townhome & PUD Association Management (BPAJAHAE)
- akta.pro secondary industry
- Commercial/Office Owners Association Management (BPAJAHAG)
Keywords
Where Choice New York Management Company, LLC is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Choice New York Management Company, LLC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Property Management Services: Third-party property management fees charged to building owners and co-op/condo boards for residential multi-family, condo-coop, mixed-use and commercial buildings. Revenue is recurring in nature based on ongoing management contracts.
- Building Staffing Services: Staffing By Choice provides building personnel (concierge, doorman, superintendent, porter, janitorial) to buildings managed by Choice NY and third-party property managers. Generates recurring staffing fees.
- Residential Brokerage: Home By Choice provides brokerage sales and leasing services to building owners represented by Choice NY. Revenue from brokerage commissions on transactions.
- Commercial Loan Brokerage: Loan procurement and advisory services for multifamily co-op, condo and rental buildings, including underlying mortgages, CIRA loans, lines of credit, construction and acquisition loans. Commission-based brokerage of financing.
- Project Management & Construction Management: Project management, construction management and owner representative services for building repairs, replacements and improvements, charged on a per-project basis.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Custom property management contracts based on building size and service scope. |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Choice New York Management Company, LLC product offering
Product offeringCore offering
Choice New York Management Company provides full-service residential property management for New York City co-ops, condominiums, and rental buildings, overseeing daily operations, maintenance, accounting, and resident services for 250+ buildings and 17,000+ residents. Through its subsidiaries, the firm also supplies dedicated building staff (doormen, porters, supers), residential real estate brokerage, loan brokerage, project management, and risk management services. The business is contracted primarily with building owners, co-op boards, and condo boards on recurring management agreements.
Product overview
Choice New York Companies operates as a platform of interconnected real estate service brands rather than a single unified product. The core platform is Choice New York Management, which provides residential multi-family, condo-coop, mixed-use, and commercial property management with integrated accounting, asset management, and advisory services. Staffing By Choice (SBC), formed in 2013, provides building staffing services that support the managed properties. Home By Choice, co-founded in 2019, provides brokerage sales and leasing to the same building owners. Goldin Choice Property Management, acquired in 2018, was integrated as a subsidiary providing construction and project management. Additional modules include Commercial Loan Brokerage and Project Management/Construction Management services. All entities share the same corporate infrastructure, leadership, and client base across the NYC metropolitan area.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Reduced tenant turnover and improved retention through tech-enabled service delivery via resident portals.
- +3 more outcomes
Companies that use Choice New York Management Company, LLC
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles2 records
Choice New York Management Company, LLC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature3 records
Choice New York Management Company, LLC partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Goldin Choice Property ManagementcoreAcquired by Choice New York in May 2020, Goldin Choice Property Management operates as a subsidiary providing property management, project management, construction management and owner representative services. Led by Thomas Sussewell (President). Includes CNYM Risk Management, a subsidiary offering insurance premium financing for co-ops and condos.
- Choice New York Property Management, LLCcoreFounded in 2010, the primary operating entity for Choice New York's property management services. Core business providing property management, accounting, asset management and strategic advisory to buildings throughout NYC metropolitan area.
- Staffing By Choice (SBC)coreFounded in 2013, SBC is a subsidiary providing building staffing, janitorial and maintenance services. One of the fastest growing building staffing companies in NYC. Uses GPS time and attendance tracking and provides services to both Choice NY-managed buildings and third-party property managers.
- Home By Choice Real Estate BrokeragecoreFounded in 2019, Home By Choice is a residential brokerage providing sales and leasing services exclusively to buildings in the Choice NY management portfolio. Led by Kevin Kurland, President & Licensed Real Estate Broker. Co-founded to capitalize on relationships and expertise across the Choice NY platform.
- NYSERDAminorChoice NY Companies engages with NYSERDA (New York State Energy Research and Development Authority) to receive incentives for building retrofits including LED lighting and mechanical controls, reducing out-of-pocket costs for building owners.
- Sure (Renter's Insurance)minorChoice NY Management has partnered with Sure, an industry-leading renter's insurance provider, to offer residents instant, hassle-free renter's insurance quotes at competitive prices as part of the resident onboarding process.
- Yardi SystemscoreChoice NY Management uses Yardi Voyager 7s as its primary property management and accounting platform. Provides client portal access to building and account information for owners and boards. Also uses RENTCafe resident portal for maintenance requests and communication.
- CUNY Building Performance LabminorCUNY Building Performance Lab provides in-office training to qualified Choice New York employees. Part of the company's educational benefits program for professional development.
Scale indicators7 records
Recent moves7 records
Expansion highlights5 records
Choice New York Management Company, LLC competitors and assessment
Company assessmentDirect peers
- Rose Associates: NYC-based property management, development, and real estate services firm. Directly competes in NYC residential multi-family and condo/co-op management, with overlapping customer base of building owners and boards.
- AKAM Associates: Major NYC-based residential property manager specializing in condo, co-op, and managed building services. Direct competitor in the same NYC condo/co-op board market served by Choice NY Management.
- Cooper Square Realty: Long-established NYC real estate firm providing property management, sales, and leasing services. Directly competes with Choice NY in NYC residential and mixed-use building management.
- Gumley Haft & Bierer: NYC property management firm specializing in residential, co-op, and condo buildings. Directly competes for the same co-op board and building owner customers.
- KW Property Management & Consulting: Residential property management firm with NYC office (where Chief Strategy Officer Damien Stein previously worked). Competes directly in NYC condo/co-op and luxury residential management.
- Maxwell-Kates: NYC-based condo and cooperative management firm. Direct competitor in the same NYC co-op/condo board market that Choice NY serves.
Broad incumbents
- FirstService Residential: One of the largest residential property management companies in North America with significant NYC presence. Competes across the same condo/co-op board market but operates at much broader national scale under a public parent.
- The Related Companies: Large national real estate firm with NYC residential management operations (where Senior VP Shaun Lue previously worked). Overlaps in NYC residential property management at much larger scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Choice New York Management Company, LLC social profiles
Digital presenceChoice New York Management Company, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Choice New York Management Company, LLC leadership team
Management profileNumber of profiles
Choice New York Management Company, LLC subsidiaries and ownership
Company hierarchySubsidiaries5 records
Choice New York Management Company, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Choice New York Management Company, LLC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Choice New York Management Company, LLC
What does Choice New York Management Company, LLC do?
Choice New York Management Company provides full-service residential property management for New York City co-ops, condominiums, and rental buildings, overseeing daily operations, maintenance, accounting, and resident services for 250+ buildings and 17,000+ residents. Through its subsidiaries, the firm also supplies dedicated building staff (doormen, porters, supers), residential real estate brokerage, loan brokerage, project management, and risk management services. The business is contracted primarily with building owners, co-op boards, and condo boards on recurring management agreements.
Is Choice New York Management Company, LLC a public or private company?
Choice New York Management Company, LLC is a private company. It is currently operating.
When was Choice New York Management Company, LLC founded?
Choice New York Management Company, LLC was founded in 2009.
Where is Choice New York Management Company, LLC based?
Choice New York Management Company, LLC is headquartered in New York, United States, in the North America region.
How does Choice New York Management Company, LLC make money?
Five revenue lines are on record. Property Management Services are the primary driver. The others are building Staffing Services, residential Brokerage, commercial Loan Brokerage and project Management & Construction Management.
Who are Choice New York Management Company, LLC's main competitors?
Direct peers on record are Rose Associates, AKAM Associates, Cooper Square Realty, Gumley Haft & Bierer, KW Property Management & Consulting and Maxwell-Kates. Broad incumbents are FirstService Residential and The Related Companies.
Does Choice New York Management Company, LLC have an API?
No public API is recorded for Choice New York Management Company, LLC.
What industry is Choice New York Management Company, LLC in?
Choice New York Management Company, LLC's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAHAE, Townhome & PUD Association Management, with a secondary code of BPAJAHAG, Commercial/Office Owners Association Management. Its NAICS code is 531311 and its SIC code is 6513.