At a glance
Firm: Halstead Management Company, LLC Role: Managing agent for cooperative and condominium buildings Founded: The firm states it was established in 2001 Corporate context: A Terra Holdings, LLC company — a sibling of Brown Harris Stevens Residential Management, with which it shares the 770 Lexington Avenue office Office: 770 Lexington Avenue, 7th Floor, New York, NY 10065 Reported scale: The firm states its portfolio includes roughly 200 buildings, ranging in size from 7 to 654 units (per its own website) Official website: halsteadmanagement.com · Contact page · general inquiries contact@halstead.com What this page is: A research and diligence reference — building profiles and questions for buyers and sellers, not a directory of staff or phone extensions
Who Halstead Management is — and a note on the name
The Halstead name has two distinct histories, and it is important to separate them.
The Halstead residential brokerage (Halstead Real Estate) was retired and merged into Brown Harris Stevens in a Terra Holdings restructuring announced in 2020 and completed the following year; there is no longer a Halstead-branded sales brokerage. If you have seen reporting that "Halstead is gone," that reporting is about the brokerage.
Halstead Management Company, LLC — the managing agent — is a separate entity, and it continues to operate under its own name. As of mid-2026 the firm maintains an active website and continues to present itself as a distinct managing agent for New York co-ops and condominiums. It sits under the same Terra Holdings umbrella as Brown Harris Stevens Residential Management and shares the 770 Lexington Avenue office, so in practice the two are affiliated managing agents within one ownership group rather than unrelated competitors. This is worth confirming at the building level, because a board's management contract, on-the-ground team, and even the entity name on invoices can shift over time within a corporate group.
For a buyer or seller, the takeaway is: Halstead Management is not merely a historical brand — it remains an operating managing agent — but it is closely tied to the BHS/Terra organization, and you should verify which entity actually holds and services the contract for the specific building you are transacting in.
Common diligence questions
These are questions to raise with the board, managing agent, and your attorney — not judgments about the firm. The answers vary building by building, even under the same managing agent.
- Board-package turnaround: How long does this building's managing agent typically take to acknowledge a completed board package and schedule an interview or (for condos) process the waiver of right of first refusal?
- Access to financials, reserves, and minutes: How quickly can your attorney obtain the current audited financial statements, the reserve-fund position, and recent board-meeting minutes for review?
- Responsiveness and staffing model: Is there an on-site resident manager and staff, or is the building run primarily off-site? Who is the assigned property manager, and what is the escalation path for building issues?
- Closing, waiver, and move-in handling: How does the agent coordinate the closing, the condo waiver or co-op consent, and move-in scheduling, deposits, and rules?
- Assessments and capital projects: Are there current or anticipated assessments, and what major capital projects (facade/Local Law 11, elevators, mechanicals, roof) are underway or planned?
- Flip-tax administration: If the building has a flip tax (transfer fee), how is it calculated, who pays it, and how is it collected at closing?
- Certificate of insurance (COI) process: What are the agent's COI requirements and lead times for movers and contractors, and how are alteration agreements handled?
- Which entity holds the contract: Given the Terra Holdings affiliation, confirm whether Halstead Management or an affiliated agent (such as Brown Harris Stevens Residential Management) currently services this building.
The Roebling Team
Buying or selling in a building managed by Halstead 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 publicly available information and building records on file; The Roebling Team at Compass does not represent Halstead Management. © 2026 The Roebling Team at Compass.