Building Equity Management

At a glance

Firm: Building Equity Management LLC, doing business as Building Equity Management (BEM) Role: Managing agent for condominiums, cooperatives, multifamily and mixed-use buildings in Manhattan and Brooklyn Stated portfolio: More than 125 addresses, per the firm's website Office: 1261 Broadway, Suite 812, New York, NY 10001 · (212) 489-5060 Official website: bemny.com Status: Active managing agent as of this writing Source: The Roebling Team at Compass, compiled from the firm's own published materials and building records on file. October 2026.

Who Building Equity Management is

Building Equity Management is a New York City property manager. It describes its work as financial management (collections, bill payment, accounting and lease administration), maintenance (preventive work and capital projects), regulatory compliance (including rent-regulation filings), and technology, with owner and tenant portals and digital document management.

The firm states that it manages more than 125 addresses across Manhattan and Brooklyn, in neighborhoods from the Lower East Side, SoHo, Tribeca, Greenwich Village and Flatiron to the Upper East and Upper West Sides, Harlem, Washington Heights, Greenpoint, Park Slope and Long Island City. The site does not list individual buildings, the year the firm was founded, or a unit count. Much of that portfolio appears to be multifamily and mixed-use rental property rather than condominiums and co-ops, so confirm what applies to the building in question.

Common diligence questions

These are the questions we ask on a buyer's or seller's behalf when a building is managed by Building Equity Management. They are prompts for diligence, not claims about this firm's practices. Answers vary by building and change over time.

• Contracting entity: Is the building's managing agent contracted as Building Equity Management LLC, and who is the assigned property manager and senior point of contact?
• Application turnaround: How long is management currently taking to process a purchase application and schedule any interview, and what is the realistic window from submission to a closing-ready approval?
• Access to financials and reserves: What financial statements, current budget, reserve position and meeting minutes will management release to a purchaser's attorney, and how quickly?
• Fees at sale and move-in: What are the current application, credit-check, processing, move-in and move-out charges and deposits, and which are refundable? Is there a buyer reserve-fund contribution at closing?
• Closing and move-in handling: How does the agent handle closing scheduling, right-of-first-refusal waivers where they apply, and move-in coordination, and with how much lead time?
• Assessments and capital projects: Are any current or anticipated assessments, Local Law 11 facade work, elevator or mechanical projects on the books, and how are they funded?
• Mixed-use and rental exposure: Does the building have commercial space or rent-regulated units, and how does that affect the budget and the board's flexibility on sublets and rentals?
• Certificate-of-insurance (COI) process: What are the current insurance and COI requirements for owners, contractors and movers, and who must be named as additional insured?

The Roebling Team

We publish management-company profiles because the managing agent shapes the parts of a transaction a buyer or seller actually feels: how fast an application moves, what the financials disclose, and how a closing gets scheduled. The Roebling Team at Compass tracks Manhattan's co-op and condo inventory building by building and brings that context to every deal.

Buying or selling in a building managed by Building Equity Management? 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 the firm's published materials and building records on file; The Roebling Team at Compass does not represent Building Equity Management. © 2026 The Roebling Team at Compass.