THE CONDO BOOK PROJECT

Matthew Adam Properties 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
46
Average fee
$523/unit/yr
Years
2005–2023
ManhattanBrooklynQueensBronxStaten Island 85 Douglass Street Condominium, 85 Douglass StreetNo. 142 Flatiron Condominium, 142 West 19th Street378 Broome Street Condominium, 378 Broome StreetCrown Condominium, 2132-2136 Second Avenue

Pro · Advanced analysis

Recent Growth

Matthew Adam Properties Inc.'s buildings and units by year for the last 6 years, and whether the pace is rising or falling.

0 buildings accepted in 2024–2026 (2026 to date), against 3 in 2021–2023. 0% of all 4 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
2023211
20220—
202114

Latest: 85 Douglass Street Condominium, accepted May 2, 2023.

Strongest Relationships

The firms named most often on the same buildings as Matthew Adam Properties Inc., at least 2 in common.

Developers

Sponsor's counsel

Sales teams

  • The Compass Group2 shared buildings · 50% of Matthew Adam Properties Inc.'s · 2021–2023

Tax consultants

  • Korngold Powers2 shared buildings · 50% of Matthew Adam Properties Inc.'s · 2023

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

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CondominiumAcceptedUnitsFee/unit/yr
85 Douglass Street Condominium85 Douglass Street · Brooklyn · rehab20234—
No. 142 Flatiron Condominium142 West 19th Street · Manhattan · new construction20237—
378 Broome Street Condominium378 Broome Street · Manhattan · new construction20214—
Crown Condominium2132-2136 Second Avenue · Manhattan · new construction200531$523

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.