Langsam Property Services Corporation

- 2272 Andrews Ave N, Bronx, NY 10468

In the complex world of New York real estate, a company's role can extend far beyond simple buying and selling. For many property owners and tenants, the day-to-day management of residential and commercial buildings is a critical component of their real estate experience. Langsam Property Services Corporation, based in the Bronx, is a firm that specializes in this vital function. With a history that dates back to 1949, they are a well-established player in the New York metropolitan area, managing a vast portfolio of properties across the Bronx, Manhattan, Queens, Brooklyn, and even lower Westchester County. This content is designed to give local users a clear and factual overview of what Langsam Property Services Corporation is all about, from their core business operations to their key features and how they fit into the local real estate landscape.

Langsam Property Services Corp. is not a traditional real estate brokerage that helps individual clients buy or sell a single-family home. Instead, they are a real estate management company that acts on behalf of property owners, handling the day-to-day operations of hundreds of buildings. Their portfolio is impressive, encompassing over 11,000 dwelling units and 300 commercial units. This large-scale operation gives them a unique position in the market, allowing them to provide a comprehensive suite of services that a smaller firm might not. The company holds the Accredited Management Organization (AMO) designation from the Institute of Real Estate Management (IREM), a standard of excellence that only a few firms in New York State have achieved. This certification, along with their long history, underscores their professionalism and expertise. They work with a variety of clients, from private investors to institutions and city agencies, and have a reputation for successfully rehabilitating neglected housing and managing properties under government programs.

Langsam Property Services Corporation is located at 2272 Andrews Ave N, Bronx, NY 10468, USA. This location in the Bronx places them in a convenient and central spot for their operations across the borough. The address is accessible for both property owners and tenants who need to visit the office for administrative or legal matters. As a local Bronx business, they are well-integrated into the community they serve, with a deep understanding of the unique dynamics and needs of the borough's neighborhoods. Being locally based provides a distinct advantage for addressing issues quickly and maintaining a strong relationship with the properties they manage.

Langsam Property Services Corporation offers a wide range of services that are focused on the comprehensive management of real estate assets for property owners.

• Property Management: This is their core business. They handle all aspects of property management, including building maintenance, legal services, tenant account management, and financial oversight. Their approach is hands-on, with a team of managing agents who oversee groups of buildings and supervise on-site staff.

• Building Maintenance: The company supervises a team of building managers and maintenance employees. They utilize a computerized work order system to track repairs and ensure timely completion. They also have a two-way radio/telephone network to handle emergency complaints efficiently.

• Tenant Screening and Legal Services: Langsam Property Services has a rigorous process for screening new tenants, including credit report reviews. They also have in-house legal professionals who work with law firms to manage nonpayment actions and other legal issues to maintain high collection rates for their clients.

• Construction and Rehabilitation: Through an affiliated company, RLA General Contracting Corp., they offer construction management and general contracting services for building rehabilitation work. They have a history of renovating buildings, including some that were in neglected physical condition, often with tenants in residence.

• Financial Management: They provide financial management and analysis for property owners, including handling accounts payable and ensuring sound financial oversight.

• Affordable Housing Management: Langsam has a long history of working with government programs to manage and renovate affordable housing properties, including projects for the City of New York under the Private Ownership and Management Program (POMP).

Langsam Property Services Corporation has several distinguishing features that have contributed to its longevity and success in the New York market.

• Extensive Experience: Founded in 1949, the company has decades of experience in the challenging and regulated New York real estate market. This extensive history has given them a deep understanding of the industry and its complexities.

• Accredited Management Organization (AMO) Status: This designation from IREM signifies a high level of professionalism, expertise, and ethical standards in property management. It is a mark of quality that few other firms in the state hold.

• Comprehensive In-House Capabilities: The company’s ability to handle everything from maintenance and tenant screening to legal services and construction management in-house is a significant advantage. This integrated approach simplifies the process for property owners.

• Large-Scale Management: Managing over 11,000 residential and 300 commercial units demonstrates their capacity and proficiency in handling large, complex portfolios. This scale also allows them to offer “back office” services to other property managers who want to benefit from their purchasing power and expertise.

• Local Community Roots: As a Bronx-based company, they have a strong connection to the local community and have been praised for their contributions, including their role in the rehabilitation of housing in the city. A former Bronx Borough President once stated that you can tell a "Langsam building just by driving by it. It will be the cleanest and nicest building on the block."

For property owners or for tenants seeking to contact them, Langsam Property Services Corporation can be reached at the following details.

Address: 2272 Andrews Ave N, Bronx, NY 10468, USA

Phone: (718) 365-6575

Mobile Phone: +1 718-365-6575

Choosing a real estate management company in New York is a critical decision for property owners, and the choice can profoundly affect both a property's value and the satisfaction of its tenants. Langsam Property Services Corporation offers a compelling profile for those seeking professional management, with their long history and prestigious AMO designation. However, it is also important for potential clients and tenants to consider the available reviews. While some online reviews mention issues with tenant services, specifically regarding noise and maintenance, it's also important to recognize that property management is a complex field and that public reviews often skew negative. The company's large portfolio and long-standing relationships with major institutions suggest they are a reliable and well-established player in the market. For property owners, the value in choosing Langsam lies in their comprehensive, in-house capabilities, which cover everything from legal services to construction. This integrated approach can provide significant peace of mind and simplify the management process. For tenants, their history of rehabilitating buildings and providing affordable housing options, as well as their commitment to maintaining buildings, as noted by public officials, can be seen as a positive. Ultimately, for those in the Bronx and surrounding boroughs, Langsam Property Services Corporation presents as a powerful and experienced firm that is deeply ingrained in the fabric of New York’s real estate management industry.

Langsam Property Services Corporation

2272 Andrews Ave N, Bronx, NY 10468, USA