Lemle & Wolff Building Management

- 565 Academy St, New York, NY 10034

In a city defined by its dense and diverse residential buildings, the quality of a property's management is a critical factor for both owners and residents. A well-managed building ensures financial health for the owner and a high quality of life for the tenants. For over 85 years, Lemle & Wolff Building Management has been a cornerstone of New York City's real estate landscape, establishing itself as a trusted name in property management and development. They are not a typical real estate agency focused on sales, but rather a full-service firm specializing in the development, construction, and long-term management of high-quality affordable housing.

Since its founding in 1938, Lemle & Wolff has been committed to the growth and sustainability of New York City's neighborhoods, particularly in Upper Manhattan and The Bronx. Their long-term ownership strategy and focus on successful partnerships with government, community stakeholders, and residents have allowed them to develop or preserve thousands of affordable apartments. The firm's deep expertise in this sector is a significant part of its reputation, as they are continuously trained in the changes affecting the affordable housing industry. This historical commitment to the community and their focus on providing excellent management services has made them a go-to choice for a wide range of property owners.

Lemle & Wolff's approach to business is comprehensive, emphasizing strong tenant relations, cost-effective maintenance, and proper financial controls. They use advanced property management software like Yardi to ensure that all aspects of a building's operations are handled efficiently. Their work extends beyond just management; they have a dedicated development and construction arm, showing a deep commitment to preserving and enhancing New York's housing stock. Their projects include the substantial renovation of buildings to preserve them as affordable housing and the development of new, high-quality, and energy-efficient residences, such as those built to Passive House standards. This integrated model ensures they have a holistic understanding of a property's lifecycle, from construction to day-to-day management.

Location and Accessibility

Lemle & Wolff Building Management is located at 565 Academy St, New York, NY 10034, USA. This address places the firm in the heart of the Inwood neighborhood, a vibrant and increasingly popular area in Upper Manhattan. This location is not just an office; it's a part of a community that Lemle & Wolff has actively worked to preserve and improve. Their presence on Academy Street, a location known for one of their significant preservation projects, underscores their deep-rooted commitment to the neighborhood and their hands-on approach to real estate.

The firm's location offers excellent accessibility via public transportation, which is essential for a business serving a large urban area. The office is conveniently situated near major subway lines and bus routes, making it easily reachable for both tenants and business partners from various parts of Manhattan and The Bronx. The neighborhood itself is highly walkable, with a mix of residential buildings, green spaces, and local businesses. This strategic location allows Lemle & Wolff to maintain a strong physical presence in the community while managing a vast portfolio of properties across the city.

Services Offered

• Property Management: Providing comprehensive management services for multifamily buildings, including tenant relations, financial reporting, and building maintenance.
• Affordable Housing Expertise: Specializing in the management and development of affordable housing, with a deep understanding of related programs like Section 8 and tax credits.
• Real Estate Development: Acquiring property, managing development teams, and arranging financing for new construction and preservation projects.
• Construction and Rehabilitation: Through their construction arm, they handle both new construction and the substantial renovation of existing properties, ensuring high-quality, lasting results.
• Leasing and Rentals: Marketing and leasing apartments within their portfolio, which includes properties in Manhattan, The Bronx, and Brooklyn, and providing responsive service to tenants.
• Financial Controls and Reporting: Utilizing sophisticated software to manage rent collection, budgets, and provide transparent financial reporting to building owners.

Features / Highlights

• Longstanding Experience: Founded in 1938, Lemle & Wolff has an unparalleled history of over 85 years in the New York City real estate market, building a legacy of trust and expertise.
• Community-Focused Approach: The firm's business model is centered on the long-term sustainability of neighborhoods, with a strong emphasis on preserving affordable housing and fostering positive tenant relations.
• Integrated Services: Their ability to manage a property from its initial development and construction to its daily operations is a unique feature that ensures a high level of quality and consistency.
• Commitment to Affordability: They are a recognized leader in the affordable housing sector, demonstrating a commitment to providing quality housing for residents at a range of income levels.
• Professional Staff: Their staff is continuously trained in industry changes and brings years of experience working with diverse tenant populations, ensuring a professional and responsive service.

Contact Information

To inquire about property management services, available rental units, or development partnerships, you can contact Lemle & Wolff Building Management directly.

Address: 565 Academy St, New York, NY 10034, USA

Phone: (212) 304-3697

What is worth choosing

For property owners, investors, and residents in New York City, choosing a building management firm is a decision with long-term consequences. Lemle & Wolff Building Management stands out as a worthy choice for several key reasons. First and foremost is their longevity and deep-rooted history in the city. With over eight decades of experience, they have navigated countless market changes and have a proven track record of success. This long history provides a level of stability and trust that is hard to find.

Their specialized focus on property management and affordable housing is another compelling reason to choose them. This isn't just a side business; it's their core mission. Their expertise in working with complex housing programs and their commitment to preserving and developing high-quality, affordable units sets them apart. For a property owner, this means partnering with a firm that understands the intricacies of the market and is capable of ensuring the physical and financial health of the building. For a resident, it means living in a property that is professionally managed with a focus on tenant relations and responsive service.

While the provided information classifies them as a "real estate consultant," their website and public data show a much broader scope, including management, development, and construction. This integrated model is a significant advantage, as it means they understand a property from every angle. Their emphasis on modern technology and cost-effective maintenance shows a commitment to efficiency, which benefits everyone involved. Choosing Lemle & Wolff means partnering with a firm that is not only a seasoned expert but also a dedicated community member, working to improve New York City's neighborhoods one building at a time.

Lemle & Wolff Building Management

565 Academy St, New York, NY 10034, USA