Langsam Property Services Corporation

- 111 Father Zeiser Pl, Bronx, NY 10468

For more than seven decades, the name Langsam has been synonymous with professional real estate and property management services in New York City. Langsam Property Services Corporation, founded in 1949, has grown from a small operation to a significant force in the real estate industry, managing a large portfolio of buildings across the Bronx, Manhattan, Queens, Brooklyn, and even parts of Westchester County. This is not a typical real estate agency focused solely on listing and selling homes; rather, it is a full-service real estate management company that provides a comprehensive suite of services to property owners and investors. Their expertise extends well beyond simple brokerage, encompassing everything from day-to-day building maintenance to complex construction and financial management. This deep and varied skill set has made them a trusted partner for a wide range of clients, from individual owners to large institutional investors like banks and hospitals. By focusing on a holistic approach to property management, Langsam aims to not only maintain the value of properties but also to enhance them, ensuring they are well-run and compliant with all regulations. This article will provide a detailed look at Langsam Property Services, highlighting its key services, prominent features, and what makes it a notable choice in the competitive New York real estate market.

Langsam Property Services has a long history of working with challenging projects, including the rehabilitation of over 100 apartment buildings through government programs. This experience in revitalizing neglected housing and working with tenants in residence speaks to their capability and commitment. The company holds the prestigious Accredited Management Organization (AMO) designation, a standard of excellence conferred by the Institute of Real Estate Management (IREM). This accreditation, along with their team of certified professionals in various fields like property management, construction, and urban planning, underscores their professionalism and high standards. They are a company that prides itself on being an expert problem-olver, equipped to handle even the most complex situations. From legal disputes to managing emergency complaints, their in-house capabilities and extensive network of contractors and law firms are designed to provide efficient and effective solutions. While some public reviews have raised concerns about tenant experiences, it is important to understand the scale of their operations—managing over 11,000 residential units—and the fact that they are a property management company, a role that often places them in the position of mediating complex issues between owners and residents. This article aims to present a balanced, factual account of their services and offerings based on available public information.

Langsam Property Services Corporation is located at 111 Father Zeiser Pl, Bronx, NY 10468, USA. This address places it in the Fordham neighborhood of the Bronx, a bustling and densely populated area. The location is easily accessible for clients throughout the borough and the greater New York City area. The Fordham section is a major transportation hub, with numerous subway and bus lines serving the area, making it a convenient destination for those using public transit. While specific parking information is not available, the surrounding streets offer various options for those driving. Being centrally located in the Bronx allows the company to efficiently manage its extensive portfolio of buildings and quickly respond to the needs of its clients and properties. This strategic presence in the heart of the Bronx is a testament to their focus on the local community, where they have been a long-standing fixture since their founding in the mid-20th century. Their deep roots in the community and their physical location enable a hands-on approach to property management, ensuring that their team can maintain a strong presence on the ground.

Services Offered:

Langsam Property Services provides a comprehensive array of services that extend far beyond the typical scope of a real estate brokerage. Their expertise is centered on property management and the related services that ensure a property is well-maintained, financially sound, and legally compliant. These services are designed to support property owners and investors in a hands-on manner, handling the day-to-day operations and complexities of managing real estate assets.

• Property Management: This is their core service, encompassing all aspects of day-to-day operations for residential and commercial properties. This includes building maintenance, tenant relations, and administrative support.
• Building Maintenance: With a team of managing agents and building managers, they oversee routine maintenance, assign work orders to contractors, and handle emergency complaints efficiently through a two-way radio/telephone network.
• Tenant Screening: Langsam conducts a rigorous tenant screening process, including credit report reviews and interviews, to find and secure qualified tenants for the properties they manage.
• Legal Services: They manage the legal process for issues like nonpayment actions, working with in-house professionals and law firms to navigate the Housing Court system.
• Financial Management and Analysis: They handle financial aspects of property ownership, including accounts receivable and accounts payable, ensuring financial stability and transparency for their clients.
• Construction Services: Through an affiliated company, RLA General Contracting Corp., they provide construction management and general contracting for building rehabilitation, with a proven track record of renovating over 150 buildings, often with tenants in place.
• Asset Management: Langsam offers specialized asset management services for institutional investors, helping them achieve their goals, whether it is short-term asset appreciation or long-term asset maintenance.
• Back Office Services: They provide "back office" support to other property managers, leveraging their expertise and purchasing power to assist in complex management scenarios.

Features and Highlights:

• Extensive Experience: With a history dating back to 1949, Langsam Property Services has over 75 years of experience in the New York real estate market, providing them with unparalleled knowledge and a solid reputation.
• Accredited Management Organization (AMO): The AMO designation from the Institute of Real Estate Management signifies a commitment to the highest standards of excellence in property management.
• Comprehensive Portfolio Management: They manage a vast portfolio of properties, including residential and commercial units across multiple New York boroughs and Westchester County, demonstrating their scale and capability.
• Specialized Expertise in Rehabilitation: Their experience in renovating neglected housing, including projects for the City of New York, showcases their ability to handle challenging and complex rehabilitation work.
• Experienced Leadership: The company's leadership team has a deep background in the real estate industry, with leaders holding key roles in organizations like the Rent Stabilization Association (RSA) and other industry groups.

Contact Information:

Address: 111 Father Zeiser Pl, Bronx, NY 10468, USA

Phone: (718) 365-6711

What is worth choosing Langsam Property Services Corporation?

For property owners and investors in the New York area, particularly in the Bronx, choosing Langsam Property Services Corporation is a decision rooted in their long history, extensive expertise, and comprehensive service model. The primary reason to choose them is their profound experience and institutional knowledge. Since 1949, they have navigated the complexities of the New York real estate market, a feat that very few companies can claim. This longevity is a powerful indicator of their stability and reliability. Their business is structured to provide a complete, end-to-end solution for property owners, from finding and screening tenants to handling legal challenges and even managing large-scale construction projects. This integrated approach means that an owner doesn't need to work with multiple different companies; all services are available under one roof. The Accredited Management Organization (AMO) designation is also a significant factor, providing third-party verification of their commitment to professional standards. While they are not a real estate agency for the general public seeking to buy or sell a home, their expertise in property and asset management is unparalleled. Their ability to handle difficult situations, from rehabilitating distressed buildings to resolving tenant-related issues, makes them a valuable partner for anyone with real estate assets to manage. For property owners in the Bronx and beyond who are seeking a seasoned, professional, and full-service management partner, Langsam Property Services Corporation stands out as a credible and experienced choice.

Langsam Property Services Corporation

111 Father Zeiser Pl, Bronx, NY 10468, USA