At a glance
Firm: AKAM (the firm and its buildings also appear in records under the historical names AKAM Associates and AKAM Living Services; the shorter "AKAM" is the current brand — it is not "AKAMS") Founded: 1983, New York City Headquarters: New York, NY, with a second core market in South Florida Focus: Third-party residential property management for cooperatives and condominiums, plus homeowner-association work; ancillary lines include capital-project management, energy services, insurance and risk, and procurement Current corporate status: AKAM is a private-equity-backed platform. Public announcements in 2026 describe Audax Private Equity acquiring AKAM from prior owner Nautic Partners. AKAM has been an active consolidator, reporting multiple acquisitions since 2022 — most notably its combination with Orsid New York; public materials describe the group operating through the AKAM, Orsid, and Metro Management brands. Verify the current corporate and ownership picture, since it has changed repeatedly in recent years. Portfolio focus: A mix of co-op and condominium accounts across Manhattan and the outer markets; the firm is one of the larger New York residential managers, though not the single largest Official website (secondary): akam.com · public contact page: akam.com/new-york-city
Who AKAM is
AKAM is a New York–founded residential property manager that has been operating since 1983 and has spent the last several years as a private-equity-owned consolidation platform. Under prior owner Nautic Partners and, per 2026 announcements, new owner Audax Private Equity, the firm has grown both organically and through acquisition, folding several other managers into its group. The most consequential of those was its combination with Orsid New York, a long-established Manhattan co-op manager that continues to operate under the Orsid brand within the AKAM group.
For a buyer or seller, the practical read is that AKAM is a scaled, institutionally managed agent rather than a small owner-operator shop — which tends to mean standardized processes, digital board-package and payment platforms, and centralized back-office functions, alongside the more variable, building-by-building reality of on-site staffing and day-to-day responsiveness. Because the corporate structure has moved quickly (ownership changes and acquisitions), the name on a building's paperwork and the actual managing agent of record are worth confirming directly rather than assuming from an older document. AKAM's book spans both cooperatives and condominiums, and its buildings in our database skew toward established Upper East Side, Upper West Side, and Central Park West co-ops.
Common diligence questions
These are questions a buyer, seller, or attorney should ask about any building — they are not judgments about how AKAM performs, which varies building to building.
- Board-package turnaround and application processing: What is the current typical timeline from a complete board package to interview and to a board decision? Is the package submitted through AKAM's digital platform, and are there application, processing, or technology fees?
- Access to financials, reserve studies, and minutes: How quickly can a buyer's attorney obtain audited financial statements, the current budget, any reserve study, and recent board-meeting minutes? Are there charges for the diligence package?
- Managing-agent responsiveness and staffing model: Who is the assigned property manager, and is the building served by on-site staff (resident manager, doorman, porters) or primarily off-site? What is the escalation path when the account manager is unavailable?
- Closing, waiver, and move-in handling: How are right-of-first-refusal waivers or board consents, closing coordination, and move-in scheduling handled, and what fees or deposits apply?
- Special assessments and capital projects: Are any assessments in effect or contemplated? What major capital projects (facade/Local Law 11, elevators, roof, mechanicals) are planned or underway, and how are they being funded?
- Flip-tax administration: If the building has a transfer fee, how is it calculated and collected at closing, and who confirms the figure in advance?
- Certificate-of-insurance process: What are the building's COI requirements and turnaround for contractors, movers, and vendors, and how are alteration agreements administered?
The Roebling Team
We publish management-company profiles because the managing agent shapes much of the lived experience of ownership — how fast a board package moves, how diligence documents are produced, and how capital projects and assessments are handled. AKAM's scale, digital platforms, and recent consolidation all matter to that experience, and we bring building-specific context to every transaction rather than relying on the firm's name alone.
Buying or selling in a building managed by AKAM? Request building-specific guidance →
Corey Cohen, Principal · The Roebling Team at Compass 646.939.7375 · c.cohen@compass.com
Management-company assignments, building policies, contacts and procedures can change. Buyers and sellers should verify current information with the building, managing agent, board materials, and counsel. This page reflects publicly available information and building records on file; The Roebling Team at Compass does not represent AKAM. © 2026 The Roebling Team at Compass.