How much money can you possibly save our building?

Every building is unique. One building saved over $1 million. Once you engage us, we can estimate what savings we can find for your building. Many costs can be reduced by 25%+ (and some even more).

Our fixed costs account for over 80% of our budget. How could you possibly help us?

Even fixed costs can often be reduced. For example, you can reduce electricity usage and cost, and in some cases reduce electricity costs by up to 50%.

My maintenance has been increasing every year. How do I introduce your team to my board?

You can share that we are a low-risk way to reduce building costs with no upfront fees. We can also schedule an introduction with your board to walk through how we help.

We already have a managing agent who does everything that you do. Why would we need your services?

We are not a replacement for your managing agent. We focus on analyzing your building’s financials like a business and implementing multiple cost-saving and improvement projects each month.

Our board is working on a very big project right now and we don’t have time to hire you. Can I follow up later?

We can often help you save money that can fund major projects. The time commitment is minimal—typically about 10 minutes during your monthly meeting and about 15 minutes between meetings.

Why would we want to share our savings with you?

We only get paid if we find savings, so there are no upfront costs. You keep the savings even after our engagement ends.

How long will it take for our building to realize savings?

Some savings can be immediate. Most savings typically appear on your next billing cycle, depending on how frequently the expense is billed.

Our board already has a full agenda. How much extra time would we need?

Typically under 10 minutes during your monthly meeting and under 15 minutes between meetings.

How much does it cost to hire you?

There are no upfront costs. Our fees are a percentage of the savings we find, for a limited time.

How do we get started?

Once engaged, we begin an immediate comprehensive review to identify opportunities for savings and improvements.

What if you can’t find any savings for us?

If we can’t find savings, it costs you nothing. We can also put that in writing if requested.

What makes your team experts? What experience do you have?

Our team has deep experience analyzing financials and operations, with an average of about 20 years of experience as Wall Street analysts and co-op board experience.

What is a property management search service?

A property management search service is an independent process that helps co-op and condo boards evaluate and hire a new management company. It typically includes an RFP, interviews, contract negotiation, and a structured transition plan, and usually takes about 2–3 months.

When should a co-op or condo board change property management companies?

Boards typically consider changing property management companies when there are persistent performance, communication, or financial issues, ongoing resident complaints, or when management problems are taking too much board time. In some cases, the issue may be the individual manager rather than the company.

What’s the difference between changing property managers vs changing property management companies?

Changing a property manager means switching to a different manager within the same management company. Changing a property management company means terminating the current firm and hiring a new one. The right choice depends on whether the issues are tied to the individual or the overall company structure and service.

How long does it take to change property management companies in NYC?

Most NYC co-op and condo property management transitions take about 2–3 months, including selecting a new firm, contract negotiation, and the handoff period.

What should NYC co-op and condo boards look for in a property management company?

Boards should evaluate building-type expertise, service model and responsiveness, geographic coverage, technology and systems, staffing and backup support, the full financial structure, and references with a strong track record.

Can boards run their own property management search without a consultant?

Yes, boards can run their own search. However, it can be challenging to compare proposals, evaluate service levels accurately, and manage the time and expertise required to run a structured process.

Is it better to hire a large or small property management company in NYC?

It depends on your building’s needs. Larger firms may offer deeper staffing and systems, while smaller firms may offer more personalized service. The best choice is the one that fits your building’s size, complexity, and expectations.

What happens during the property management transition period?

The transition period typically lasts 30–90 days and includes transferring documents and access, reconciling finances, communicating with stakeholders, coordinating vendor continuity, and ensuring a smooth operational handoff.

Do we need a project manager for our building repairs?

Major building repairs often require many hours of coordination over months. A project manager helps reduce the burden on the board and keeps the project organized while the board focuses on ongoing building responsibilities.

When renovating the building, where do I begin?

Start by assembling the right professionals. It’s best practice to involve a project manager early to help structure the process, manage risk, and support the board’s responsibility to keep residents safe.

Is my property manager responsible for major building repairs?

It depends on your management agreement. Some agreements include a cost threshold where larger projects require additional fees. Major projects can also pull time away from day-to-day building management responsibilities.

How much does construction project management cost in NYC?

Construction project management fees are commonly structured either as an hourly rate or as a percentage of the total project cost. One common approach is a fee of about 15% of the project cost.

STRATEGIC ADVISORY FOR NYC CO-OP & CONDO BOARDS

Expert Guidance When Your Board Needs It Most

Making critical decisions about your building shouldn't feel overwhelming. Our strategic advisory services give NYC co-op and condo boards access to experienced advisors who provide clear recommendations, actionable plans, and the confidence to move forward decisively.

Whether you're evaluating a major capital project, reviewing vendor proposals, planning your budget, or strengthening your board's operations, we provide the strategic insight you need, exactly when you need it.

Schedule Free 15-Minute Consultation

When Boards Work With Us

NYC co-op and condo boards partner with us when they need:

Strategic Decision Support

Evaluating competing vendor proposals for capital projects
Choosing between repair, replacement, or deferral options
Assessing property manager performance and alternatives
Making complex financial decisions with confidence

Operational Excellence

Strengthening board governance and processes
Improving building documentation and record-keeping
Clarifying staff responsibilities and accountability
Building systems that reduce board workload

Financial Planning

Creating realistic 5-year capital plans
Addressing underfunded reserve situations
Balancing common charges with necessary improvements
Strategic budgeting for major expenditures

Implementation Support

Supporting the execution of decisions, not just making them
Managing contractor relationships and project oversight
Navigating shareholder communications and concerns
Ensuring follow-through on board initiatives

Our Strategic Advisory Approach

We Focus on Outcomes, Not Hours

Unlike hourly consultants, we deliver specific outcomes: clear recommendations, written action plans, and strategic guidance you can implement immediately. Every engagement is designed to help your board make confident decisions and take decisive action.

We Understand NYC Buildings

With 12+ years of experience advising NYC co-op and condo boards, we understand the unique challenges of aging infrastructure, complex shareholder dynamics, Local Law compliance, and the reality of operating in one of the world's most expensive real estate markets.

We're Independent and Objective

We're not affiliated with property management companies, contractors, or vendors. Our only loyalty is to your board's best interests. You get honest, unbiased analysis—not recommendations that serve someone else's agenda.

How Strategic Advisory Works

Discovery

We start by understanding your specific situation through a detailed intake process. What decision are you facing? What's your timeline? What information do you already have? What outcome would make this engagement successful?

Analysis

We review your materials, research best practices, evaluate your options, and develop strategic recommendations tailored to your building's unique context—not generic advice.

Delivery

You receive written recommendations with clear next steps, decision frameworks, questions to ask vendors, and guidance you can present to your full board with confidence.

Support

Ongoing email/video support ensures you can implement our recommendations successfully. For complex initiatives, we provide extended implementation guidance and follow-up consultation.

Common Board Challenges We Address

Capital Project Decisions

"We have three bids for our roof replacement with completely different prices. How do we know which contractor to trust?"

We help you evaluate proposals objectively, identify red flags, understand what you're actually buying, and ask the right questions before signing contracts.

Financial Planning & Reserves

"Our reserve fund is underfunded and we have major systems approaching end of life. What's our realistic path forward?"

We help you develop pragmatic funding strategies, prioritize upcoming expenditures, and create transparent communication plans for necessary assessments.

Board Operations & Governance

"Our board meetings are inefficient, documentation is disorganized, and we're always reactive. How do we get control?"

We help you implement systems for record-keeping, decision-tracking, and strategic planning that reduce board workload while improving outcomes.

Vendor & Contractor Selection

"We rely on our managing agent to get bids. How do we actually evaluate competing vendors objectively?"

We provide evaluation frameworks, help you understand proposals, identify what questions to ask, and give you confidence in your selection process.

Property Manager Performance

"We're not getting the reports and responsiveness we need from our management company. How do we hold them accountable?"

We help you clarify expectations, establish performance metrics, improve communication, and determine whether management changes are warranted.

Advisory Services We Provide

Choose Your Advisory Session

Strategic Advisory Session

$999

Perfect for: Boards facing decisions that can't wait and boards ready to improve their processes.

What's included:

30-minute discovery call
Deep-dive analysis and action plan development
Written strategic recommendations
Prioritized action plan with clear next steps
2-week email support for questions

Timeline: You'll have an action plan within 5 business days

Get Your Action Plan

One-time Payment

Advisory + Implementation Support

$1,950

Perfect for: Complex decisions or processes requiring hands-on implementation support.

Everything in the Strategic Advisory Session, PLUS:

Additional 30-minute call to finetune action steps
Implementation guidance and troubleshooting
30-day email support
Review of any updated proposals or documents

Timeline: 30-day engagement

Get Advisory + Support

One-time Payment

Monthly Advisory Retainer

$500/month

Perfect for: Boards who need ongoing strategic guidance without full project management engagement.

What's included:

30-minute monthly strategy call
Email support between calls for time-sensitive questions
Quick reviews of proposals, contracts, or documents
Prioritized action plan with clear next steps

Can be added to any package or purchased standalone.

Start Monthly Retainer

Monthly Subscription

Why Boards Choose Our Strategic Advisory

Testimonials

"

We were stuck between two fundamentally different approaches to our facade work. One session gave us the framework to evaluate both proposals objectively and the confidence to defend our recommendation to shareholders.

— Board President, Upper West Side Co-op

"

Having an expert review our 5-year capital plan before our annual meeting was invaluable. The board felt prepared and could answer every question that the owners raised.

— Treasurer, Midtown Condo

"

Our property manager kept saying 'this is standard,' but something felt off. One call confirmed our instincts and gave us the language to push back effectively.

— Board Secretary, Brooklyn Co-op

"