Adellco Management LLC
Named as the first-year managing agent in 4 New York City condominium offering plans. The board can change managers after the first year, so this may not reflect who manages each building today.
- Buildings
- 4
- Residential units
- 69
- Average fee
- $4,391/unit/yr
- Years
- 2015–2025
Pro · Advanced analysis
Recent Growth
Adellco Management LLC's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
1 building accepted in 2024–2026 (2026 to date), against 1 in 2021–2023: level. 25% of all 4 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 1 | 19 |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 1 | 21 |
Latest: Armorie, accepted Jan 10, 2025.
Strongest Relationships
The firms named most often on the same buildings as Adellco Management LLC, at least 2 in common.
Sponsor's counsel
- Starr Associates LLP4 shared buildings · 100% of Adellco Management LLC's · 2015–2025
Sales teams
- Corcoran Sunshine Marketing Group3 shared buildings · 75% of Adellco Management LLC's · 2017–2025
Tax consultants
- Podell, Schwartz, Schechter & Banfield2 shared buildings · 50% of Adellco Management LLC's · 2017–2021
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Fee/unit/yr |
|---|---|---|---|
| Armorie114 East 25th Street · Manhattan · new construction | 2025 | 19 | $4,310 |
| Wales Condominium1295 Madison Avenue · Manhattan · new construction | 2021 | 21 | $7,143 |
| 27e79 Condominium27 East 79th Street · Manhattan · new construction | 2017 | 8 | $4,682 |
| 211 West 14th Street Condominium211 West 14th Street · Manhattan · new construction | 2015 | 21 | $1,429 |
The fee is the management line of each plan's Schedule B first-year budget divided by its residential units; — means the budget hasn't been read or doesn't break it out. The average fee is across the buildings with a figure. Different spellings of one company's name are counted together.