Managing a condominium building in New York City isn’t for the faint of heart. Between strict building codes, high resident expectations, and aging infrastructure, condo management in NYC can feel like a daily balancing act. Whether you’re a board member or a property manager, the key to success lies in identifying common challenges and implementing […]
Today, HOAs consisting of single-family homes account for 60% of the community associations in the United States. When it comes to running a residential property, whether a suburban townhouse development or a Manhattan co-op building, understanding the difference between HOA management and building management is key to making smart decisions for your community. Both play […]
Did you know that there are an estimated 390,900 condo units in New York? Owning a condominium in New York City comes with the excitement of urban living, equity building, and community. Still, behind the scenes, effective condo management in NYC is what keeps these high-value properties running smoothly. Whether you’re a new condo owner […]
The construction market is an emerging market that is growing constantly, with a growth rate of 2.6%. In 2024, this market had a value of $2.12 trillion, and in 2025, its anticipated growth is $2.52 trillion. To achieve a greater ROI in this market, investors need to understand the process of construction management thoroughly. This […]
Commercial real estate includes all types of properties used for business or related purposes, like multi-housing apartments, offices, warehouses, and industrial properties. These properties contribute to the growth of the commercial real estate market and help it achieve new heights. In 2025, the anticipated value of the market is $25.79 trillion with a CAGR of […]
The real estate market is complex and consists of different types of properties that contribute significantly to its growth. At present, the market consists of residential, commercial, industrial, and mixed-use properties, with a value of $136.62 trillion. The market has a growth rate of 3.31% and can reach $155.60 trillion by 2029. In this market, […]
Facility management involves carrying out different functions to enhance the productivity, profitability, and performance of a facility. This is a huge market with a value of $418.12 billion in 2025, with a growth rate of 3.89% in North America. This growth rate is generally estimated up to the year 2030. It reflects a positive and […]
Queens’ property management market is blooming with a median sales price of $699k for a home, a 5.1% increase from the previous year. The market shows high growth opportunities for property owners. However, the market is highly competitive and challenging, so property owners cannot manage a rental property on their own. They need to hire […]
Brooklyn is one of the most favourable boroughs for tenants to live in. It offers lucrative employment opportunities, cultural diversity, and luxurious apartments. Moreover, the borough offers affordable housing opportunities. At present, the median sales price of a home in Brooklyn is $817.5K. The borough offers landlords high-growth opportunities and effective property management services to […]
Bronx is a highly competitive borough in NYC with an average home price of $452,126. In this borough, there are approximately 809 properties available in inventory. The borough offers lucrative investment opportunities and effective property maintenance services to enhance your ROI. This blog provides an overview of the Bronx property management market, and you can […]
