The best rental companies in NYC according to openigloo
As New Yorkers, we’re used to regular reports of terrible NYC landlords, but what about the good ones?
If there is a good landlord, we want to know, because that is often a rarity. Openigloo, a Brooklyn-based app that allows tenants to anonymously rate their landlords, has used their data to identify the top performing residential portfolios in the city.
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It analyzed 80 residential portfolios with at least 500 units that qualified with ratings, recommendation rates and city violations in the 90th percentile. What they found are five landlords with an average building rating of at least 4.1 out of 5 (the citywide average is 3.2) and where at least 80 percent of residents would recommend their buildings to a friend (the citywide average is 40 percent ). Finally, the following portfolios all have injury rates less than 0.007 (the citywide average is 0.7).
Below are the top 5 rental companies in NYC, according to openigloo:
5. Rudin management
Rudin Management owns 17 residential units with over 2,000 apartments. Rudin tenants are satisfied with the friendliness of the construction staff and the spacious apartments. Areas for improvement? A smooth lease renewal process.
4. Columbia University
Columbia University is the largest real estate owner in New York City in terms of number of addresses and manages over 5,000 apartments in 150 residential buildings. Although mostly students, renters are overwhelmingly happy with the affordability of the buildings and the attention given by management.
3. Glenwood Management
Glenwood is the developer, owner and manager of 27 Manhattan apartment buildings with more than 8,000 units. One of their addresses, 500 East 85th Street, has high ratings and tenants are happy with the responsiveness of management. Complaints? There are long waiting times to use the building’s shared laundry room.
2. TF corner stone
TF Cornerstone owns and manages 18 residential properties with more than 7,500 homes in Manhattan, Brooklyn and Queens. One of the highest rated buildings on Openigloo is one of their buildings in the Financial District – 2 Gold Street. The building with 650 units has a recommendation rate of 100 percent and tenants appreciate the friendly construction staff. An area for improvement? The leasing office can sometimes be difficult to reach.
1. Characteristics of Ogden Cap
Ogden owns and manages five residential properties totaling 3,416 units in Manhattan. One of their addresses, 225 East 95th Street, has high ratings and tenants are happy with the building’s amenities, although they will have to pay extra to use it, according to a tenant review.
If you want to discover even more highly rated landlords and buildings, you can get openigloo on your mobile phone and search for specific apartment buildings and read reviews from tenants about the condition of the building and a one to five star rating of the neighbors, responsiveness of the owner, heat , Cleanliness, noise levels, pest control, garbage management and water pressure. The name of the landlord is usually included on building pages as well as written tenant reviews and whether there are COVID-19 measures.
Basically, you have real-time city data on buildings, data on open violations, bed bug complaints and eviction progress. And of course you can also anonymously submit your own reviews of a building in which you live or have lived.
Allia Mohamed and Srujan Routhu created an open igloo with the aim of saving New Yorkers from unsustainable life situations after going through some of their own. That being said, this is not a place to rant about your landlord. It is meant to provide a place that offers helpful criticism and transparency.
What do you think of their list of the top five landlords? Do they deserve to make the cut?