Penmark Realty Corp.
Named as the first-year managing agent in 13 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
- 13
- Residential units
- 1,832
- Average fee
- $665/unit/yr
- Years
- 2005–2015
Pro · Advanced analysis
Recent Growth
Penmark Realty Corp.'s buildings and units by year for the last 6 years, and whether the pace is rising or falling.
No buildings accepted since 2021. 0% of all 13 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 53 West 53rd Street Condominium, accepted May 21, 2015.
Strongest Relationships
The firms named most often on the same buildings as Penmark Realty Corp., at least 2 in common.
Developers
- Extell Development Company2 shared buildings · 15% of Penmark Realty Corp.'s · 2006–2011
- Toll Brothers2 shared buildings · 15% of Penmark Realty Corp.'s · 2007–2008
Architects
- SLCE Architects3 shared buildings · 23% of Penmark Realty Corp.'s · 2005–2011
Sponsor's counsel
- Starr Associates LLP4 shared buildings · 31% of Penmark Realty Corp.'s · 2005–2015
- Kramer Levin Naftalis & Frankel, LLP2 shared buildings · 15% of Penmark Realty Corp.'s · 2006–2011
- Stroock & Stroock & Lavan LLP2 shared buildings · 15% of Penmark Realty Corp.'s · 2005–2006
Sales teams
- Corcoran Sunshine Marketing Group3 shared buildings · 23% of Penmark Realty Corp.'s · 2005–2015
- Corcoran2 shared buildings · 15% of Penmark Realty Corp.'s · 2006–2007
Tax consultants
- Marcus & Pollack3 shared buildings · 23% of Penmark Realty Corp.'s · 2006–2015
- Leitner Group2 shared buildings · 15% of Penmark Realty Corp.'s · 2006–2008
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 |
|---|---|---|---|
| 53 West 53rd Street Condominium53 West 53rd Street · Manhattan · new construction | 2015 | 169 | $888 |
| 157 West 57th Street Condominium157 West 57th Street · Manhattan · new construction | 2011 | 135 | $444 |
| 2 Northside Piers Condominium2 North 5th Street;A/K/A 2 Northside Piers · Brooklyn · new construction | 2008 | 270 | $278 |
| 254 Park Avenue South Condominium254 Park Avenue South · Manhattan · conversion | 2008 | 203 | $419 |
| Pearline Soap Atelier Condo78 Laight Street A/K/A 414 Washington Street · Manhattan · new construction | 2007 | 13 | $1,154 |
| 125 North 10th Street Condo125 North 10th Street · Brooklyn · new construction | 2007 | 86 | $628 |
| Artisan Lofts Condo157 Chambers Street · Manhattan · new construction | 2007 | 38 | $947 |
| 5th Street Lofts Condominium5-09 48th Avenue And 5-26 47th Road · Queens · new construction | 2007 | 118 | $424 |
| Rushmore80 Riverside Boulevard · Manhattan · new construction | 2006 | 289 | $346 |
| 469/479 West 152nd Street Condominium469 / 479 West 152nd Street · Manhattan · new construction | 2006 | 21 | $952 |
| 20 Pine Street Condominium20 Pine Street · Manhattan · new construction | 2006 | 409 | $293 |
| Urban Glass House330 Spring Street · Manhattan · new construction | 2005 | 40 | $950 |
| 40 Mercer Street Condominium40 Mercer Street · Manhattan · new construction | 2005 | 41 | $927 |
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.