Capital project management for residential buildings
Capital planning, replacement bids and construction administration
Bridge provides capital project management for co-op, condo and HOA boards, rental and multifamily owners, investors and developers in New York City, the Boston metropolitan area and Washington, DC.
*We plan capital work, bid major replacements and administer project contracts within an ongoing property-management relationship.
1.2M Sq Ft
Managed
900+
Units
5+ Year
Clients
Bonded & Insured
Since
2016
How Bridge manages capital projects
Planning, bidding and construction administration within your ongoing property-management relationship.
01 / LONG-TERM BUDGETING
Capital improvement planning and funding
Every building receives a five-year building plan, reviewed twice a year, that includes capital planning.
We establish operating and capital budgets with you, including the income needed to fund them. For boards, we present funding options for consideration. Funding decisions remain with your board; Bridge does not provide lending.
02 / BEST-VALUE CONTRACTS
Bidding major replacements
Our capital project management services cover major replacements, including roofs, elevators and heating, ventilation and air conditioning (HVAC) systems.
Bridge manages scopes of work and requests for proposals, compares bids on a consistent basis and negotiates contracts. We obtain at least three bids for non-emergency work. Engineers and architects provide assessments and drawings where needed.
03 / PROJECT OVERSIGHT
What Bridge handles during construction
Bridge administers project contracts and handles:
Site and progress checks: Checking progress on site
Payment applications: Reviewing contractor requests for payment
Change orders: Handling changes to the contracted work
Progress updates: Providing updates on project progress
Bridge approves contractor payments and change orders within its delegated authority. Your board or ownership team retains decisions and responsibilities outside that authority.
04 / SPECIALIST COORDINATION
Outside specialists and their roles
Bridge coordinates outside expertise according to the building and project:
Reserve-study analysts: Formal reserve-study work where needed
Engineers and architects: Assessments and drawings
Owner's representatives: A separate specialist appointment on large projects where appropriate
The five-year building plan and a formal reserve study serve different roles. Bridge manages the plan; outside specialists perform study work, engineering and architectural design.
INTEGRATED MANAGEMENT
Capital work within ongoing property management
Bridge assigns a dedicated account manager to each building and averages four buildings per manager across its portfolio. Ongoing property management includes a weekly visit to every building.
For boards, we hold at least one board meeting per month and reply to every board inquiry within one business day.
Explore the wider property-management appointment. For related inspection and filing administration, see our separate building compliance coordination.
TRANSPARENT PRICING
Management fees
Bridge's management and administration fee is a flat monthly fee per building, scaled by size. Third-party costs, including engineers, architects, analysts and contractors, are billed separately. Capital-project scope and fees are part of the management-proposal discussion.
We accept single-building management appointments.
Tell us about your building, its location, your current management arrangement and any planned major replacements, so we can discuss capital work within the management scope you need.
Who we serve
Boards & associations
Owners & residential buildings