THE CONDO BOOK PROJECT

Andover Property Management Inc.

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
390
Average fee
$998/unit/yr
Years
2025–2026
ManhattanBrooklynQueensBronxStaten Island 430 West 37th Street Condominium, 430 West 37th Street171 East 86th Street Condominium, 171 East 86th StreetParagon Condominium, 45-40 Vernon BoulevardSorin, 439 West 36th Street

Pro · Advanced analysis

Recent Growth

Andover Property Management Inc.'s buildings and units by year for the last 6 years, and whether the pace is rising or falling.

3 buildings accepted in 2024–2026 (2026 to date), against 0 in 2021–2023. 100% of all 3 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date2152
20251186
20240—
20230—
20220—
20210—

Latest: 430 West 37th Street Condominium, accepted Apr 30, 2026. 1 plan without an acceptance date isn't counted.

Strongest Relationships

The firms named most often on the same buildings as Andover Property Management Inc., at least 2 in common.

Developers

Architects

Sponsor's counsel

Sales teams

  • Serhant2 shared buildings · 50% of Andover Property Management Inc.'s · 2025

Tax consultants

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsFee/unit/yr
430 West 37th Street Condominium430 West 37th Street · Manhattan · new construction2026128$508
171 East 86th Street Condominium171 East 86th Street · Manhattan · new construction202624$2,083
Paragon Condominium45-40 Vernon Boulevard · Queens · new construction2025186$403
Sorin439 West 36th Street · Manhattan · new construction—52—

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.