Douglas Elliman Property Management
Douglas Elliman Property Management Overview
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About Douglas Elliman Property Management
Douglas Elliman Property Management (DEPM) is a premier residential property management firm with over a century of experience in the New York Metropolitan area. Established in 1911, DEPM has grown to manage more than 380 properties and 56,000 units, making it one of the oldest and most esteemed firms in New York City.
Headquartered at 675 3rd Avenue, New York, NY 10017, DEPM offers comprehensive management services for co-op, condominium, and rental properties. Their services span the five boroughs of New York City, Long Island, Westchester County, and Northern New Jersey.
Services
- Transition Audits: Ensuring smooth property takeover processes.
- Centralized Purchasing: Leveraging bulk buying to reduce expenses.
- Staff Training: Providing ongoing education to property staff.
- Regulatory Compliance: Maintaining adherence to local laws.
- Resident Relations: Fostering positive management-resident interactions.
The firm's commitment to excellence is demonstrated by longstanding client relationships, with some buildings managed for over 50 years. This continuity is supported by a dedicated team, nearly half of whom have been with DEPM for over 15 years.
DEPM emphasizes cost-effective solutions through its centralized purchasing system and annual energy auctions, saving millions of dollars annually. Additionally, they provide comprehensive financial management services, including budgeting, expenditure review, and monthly operating statement approvals for transparency and efficiency.
Locations
DEPM operates primarily in the New York Metropolitan area with offices in:
- New York City, NY
- Jersey City, NJ
Leadership
Under the leadership of Scott J. Durkin, President and Chief Executive Officer of Douglas Elliman Realty, LLC, DEPM continues to expand its influence in the real estate industry.