Leeds Associates, LLC

- 215 W 83rd St #1, New York, NY 10024

Navigating the dynamic and often challenging New York City real estate market requires more than just a passing acquaintance with property listings. It demands a professional partner with deep-rooted experience and a comprehensive understanding of every facet of real estate, from the minutiae of a lease agreement to the complexities of property management. Leeds Associates, LLC is a firm that has built its reputation on this very foundation. With a history spanning over five decades, the company has fine-tuned its services to meet the specific needs of property owners and tenants in one of the world's most competitive markets. They are not merely a real estate agency but a full-service management company with a hands-on approach to every property they handle.

Since Arthur Leeds Real Estate first acquired three brownstones on the East Side of Manhattan in 1961, the company has experienced continuous growth. This legacy of over 50 years is a testament to their knack for identifying properties with strong growth potential in both established and emerging areas. As their development projects grew, so did their management portfolio. Today, Leeds Associates, LLC is a multifaceted firm that provides a broad range of services, including commercial and residential brokerage, property management, and tenant relations. Their extensive experience allows them to offer expert guidance to clients, ensuring that properties are not only well-maintained but also that their value is maximized over the long term. This expertise is particularly important in New York, where proper management can make a significant difference in a property’s profitability and a tenant's satisfaction.

A key element of their philosophy is their focus on building strong relationships with both property owners and residents. They understand that happy tenants are often the key to a successful property investment. This is reflected in their dedicated resident services, which aim to provide a seamless and supportive living experience. The firm's management style is designed to be proactive, addressing issues promptly and efficiently. This commitment to tenant relations is a core part of their business model and a major reason why many residents, like the one mentioned in a provided review, have had such positive experiences. The presence of a live-in super, for example, is a feature that provides immense value and reassurance to tenants, offering immediate assistance for maintenance issues and other needs, even at unconventional hours.

Leeds Associates, LLC also excels in the financial and administrative aspects of property management. They handle all rent-related tasks, including billing, collection, and follow-up on late payments. They are also adept at managing more complex situations, such as illegal sublets and breaches of lease, and they have the experience to represent property owners in Landlord-Tenant actions. For owners, this means a reliable partner who can protect their investment and handle the day-to-day administrative burdens. The firm’s ability to handle tax challenges, implement tax abatements, and ensure compliance with various city regulations, such as those from DHCR, HPD, and DOB, provides a level of professionalism and peace of mind that is invaluable in the New York market.

While the firm's portfolio has grown significantly, they have maintained a personal touch that many larger companies lack. They work closely with brokers to market vacancies effectively and handle all aspects of the leasing process, from reviewing tenant applications to preparing all necessary documents. This attention to detail ensures that the right tenants are placed in the right properties. They also have a well-connected network of law firms, brokerages, architects, and other real estate professionals, which they leverage to the benefit of their clients. This robust network ensures that all aspects of property ownership and management are handled with the highest level of expertise.

The review provided offers a genuine glimpse into the positive experience many tenants have with Leeds Associates. The tenant highlights the reasonable rent in a desirable area like the Upper West Side, a testament to the firm's fair pricing strategy. The minimal rent increase at renewal, just $15, is particularly notable in a market where skyrocketing rents are a common issue. This demonstrates a company philosophy that prioritizes tenant retention and long-term stability over short-term gains, which is a rare and commendable approach. The praise for the live-in super, Louis, and his wife, underscores the human element of their management. Their responsiveness and willingness to go above and beyond, even for a simple lockout, create a sense of community and security that is priceless for a city dweller.

Location and Accessibility

Leeds Associates, LLC is conveniently located at 215 W 83rd St #1, New York, NY 10024. This address places them in the heart of the Upper West Side, a vibrant and highly sought-after neighborhood known for its beautiful brownstones, cultural institutions, and proximity to Central Park. The office is easily accessible by public transportation, with the 1 train at 86th Street and the B and C trains at 81st Street, all within a short walking distance. Various bus routes also serve the area, making it simple for clients and tenants to visit. The Upper West Side is a well-established residential area, and the firm’s location here reflects their strong focus on residential property management and tenant services within a local context. This central location ensures they are well-positioned to serve their clients effectively and respond to the needs of the properties they manage throughout Manhattan.

Services Offered

• Property Management Services: A full suite of services including financial administration, billing, rent collection, and vendor management.
• Tenant and Resident Services: Dedicated support for residents, including handling maintenance requests, lease-related inquiries, and building strong tenant relations.
• Commercial and Residential Leases: Expertise in negotiating new leases and renewals for both commercial and residential properties.
• Legal and Administrative Support: Managing all aspects of landlord-tenant actions, including court appearances and correspondence.
• Building and Maintenance Services: In-house staff for small repairs, supervision of larger construction projects, and 24-hour emergency service.
• Real Estate Brokerage: Working with brokers to market and fill property vacancies in both the residential and commercial sectors.

Features and Highlights

• Over 50 Years of Experience: A long-standing history in the New York real estate market.
• Full-Service Management: Handles all aspects of property ownership, from financial to physical management.
• Strong Tenant Relations: A focus on creating a positive experience for residents, which benefits property owners through reduced turnover.
• Live-In Supers: The presence of live-in supers provides a unique level of responsiveness and support to tenants.
• Holistic Approach: Expertise in both commercial and residential real estate, along with legal and administrative support.

Contact Information

Address: 215 W 83rd St #1, New York, NY 10024, USA

Phone: (212) 874-6400

What is Worth Choosing

When it comes to choosing a real estate agency or a property management firm in New York, the decision often comes down to who you can trust to handle one of your most valuable assets. Leeds Associates, LLC is worth choosing for several compelling reasons. The primary one is their impressive longevity and depth of experience. In a city where companies come and go, a firm that has thrived for over half a century has a proven track record that speaks for itself. This deep experience means they have seen it all and are well-equipped to handle any challenge that arises, from a difficult tenant situation to a complex regulatory change.

Another significant reason to choose Leeds Associates is their unique approach to property management. They don't just collect rent; they actively manage and care for properties. The presence of live-in supers is a perfect example of this. This level of hands-on, accessible service provides an immense benefit to both owners and tenants, fostering a more harmonious and stable living environment. The review provided highlights this perfectly—a fair rent, a minimal renewal increase, and a responsive super. This kind of service goes a long way in retaining tenants, which ultimately protects a property owner's investment by reducing vacancy and turnover costs.

Finally, for property owners, the firm’s comprehensive suite of services makes them a one-stop-shop for all management needs. Their ability to handle everything from financial administration and legal proceedings to marketing and maintenance means an owner can rest assured that their property is in capable hands. For tenants, this integration of services translates into a more streamlined and responsive experience. In a market where professionalism and integrity are paramount, Leeds Associates, LLC stands out as a reliable and experienced partner for anyone engaging with New York real estate.

Leeds Associates, LLC

215 W 83rd St #1, New York, NY 10024, USA