Metro Management Development, Inc.
Named as the first-year managing agent in 6 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
- 6
- Residential units
- 412
- Average fee
- $391/unit/yr
- Years
- 2005–2024
Pro · Advanced analysis
Recent Growth
Metro Management Development, Inc.'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. 17% of all 6 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 1 | 68 |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 1 | 68 |
Latest: 525 6th Avenue Condominium, accepted Nov 22, 2024.
Strongest Relationships
The firms named most often on the same buildings as Metro Management Development, Inc., at least 2 in common.
Developers
- Alchemy Properties2 shared buildings · 33% of Metro Management Development, Inc.'s · 2007–2012
- IGI- IZAKI GROUP USA2 shared buildings · 33% of Metro Management Development, Inc.'s · 2021–2024
Architects
- FxFowle Architects2 shared buildings · 33% of Metro Management Development, Inc.'s · 2007–2012
Sponsor's counsel
- Certilman Balin Adler & Hyman, LLP2 shared buildings · 33% of Metro Management Development, Inc.'s · 2021–2024
Sales teams
- Alchemy Properties2 shared buildings · 33% of Metro Management Development, Inc.'s · 2007–2012
- CORE Group Marketing2 shared buildings · 33% of Metro Management Development, Inc.'s · 2021–2024
Tax consultants
- Marcus & Pollack2 shared buildings · 33% of Metro Management Development, Inc.'s · 2021–2024
- Tuchman, Korngold, Weiss, Liebman & Lindemann2 shared buildings · 33% of Metro Management Development, Inc.'s · 2012–2016
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 |
|---|---|---|---|
| 525 6th Avenue Condominium525 6th Avenue · Manhattan · new construction | 2024 | 68 | — |
| 310 East 86th Street Condominium306, 308, 310 And 314 East 86th Street · Manhattan · new construction | 2021 | 68 | — |
| Harrison27-21 44th Drive · Queens · new construction | 2016 | 120 | $300 |
| 35 Xv Condominium31-35 West 15th Street · Manhattan · new construction | 2012 | 56 | $482 |
| Indigo Condominium125 West 21st Street · Manhattan · new construction | 2007 | 52 | — |
| 2634 Butler Place Condominium26 & 34 Butler Place · Brooklyn · conversion | 2005 | 48 | — |
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.