FirstService Residential added more than 4,700 residential units to its client portfolio in 2024. The mix of units includes steady-state condominium, cooperative, and multifamily rental apartments, as well as newly constructed high-rise and ultra-luxury residences, and multi-building complexes.
NEW YORK, Feb. 2, 2025 /PRNewswire-PRWeb/ -- FirstService Residential the leading property management company in the New York metropolitan area, added more than 4,700 residential units to its client portfolio in 2024. The mix of units includes steady-state condominium, cooperative, and multifamily rental apartments, as well as newly constructed high-rise and ultra-luxury residences, and multi-building complexes.
Among the largest additions to the company's management portfolio are One and Two Waterline Square, two newly constructed residential towers offering 216 pristine condominiums and access to more than 100,000 square feet of amenities in Upper West Side, Manhattan; The Dupont, a 381-unit rental tower in Brooklyn's Greenpoint Landing neighborhood; The Residences at 400 Fifth Avenue, a mixed-use property comprising 190 luxury condominiums and a 214-key, five-star hotel in Midtown, Manhattan; and 56 Pine, a landmarked condominium tower in Manhattan's Financial District.
"FirstService Residential is more than a management company," said Stephen Dunmore, president of FirstService Residential New York. "Our mission is to simplify what it means to be a board member, enhance the resident experience, and maximize ROI for multifamily building owners and asset management groups. We also recognize the importance of secure, automated technologies and continue to make investments in AI-powered building management systems, financial reporting, and analytics."
For the third consecutive year, FirstService Residential placed first in The Real Deal's annual ranking of New York City's top property management companies. Earlier in 2024, FirstService was selected by Great Place To Work® and Fortune as one of the Best Workplaces for Women™ and a Best Workplace in Real Estate, named a Work Wellbeing 100 Company by Indeed, and awarded a Great Place To Work® Certification for the second consecutive year.
The company was also selected to participate in the Empire Building Challenge, a competitive $50 million initiative administered by the New York State Energy Research and Development Authority (NYSERDA) to decarbonize existing multifamily residential and commercial high-rise buildings.
About FirstService Residential
FirstService Residential is simplifying property management. Its hospitality-minded teams serve boards and building owners across New York City, Long Island, and Westchester County. The organization partners with boards, owners, and developers to enhance the value of every property and the life of every resident.
Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/7 customer care and tailored lifestyle programming, amenity activation, and technology for their community's specific needs. Market-leading programs with FirstService Financial, FirstService Energy, and special districts teams deliver additional levels of support.
Boards and developers select FirstService Residential to realize their vision and drive positive change for residents in the communities in their trusted care.
FirstService Residential is a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients.
http://www.fsresidential.com/new-york
Media Contact
Sebastian Morris, FirstService Residential New York, 212.813.3000, [email protected], www.fsresidential.com/new-york
SOURCE FirstService Residential New York
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