A condominium management company that takes daily work off your board
Financial records, building care and ownership paperwork managed for your board.
Bridge is a condominium management company serving associations in New York City and the Boston metropolitan area. We prepare financial reports, coordinate vendors and handle ownership paperwork, taking day-to-day administration off your board’s shoulders.
1.2M Sq Ft
Managed
900+
Units
Since
2016
5+ Year
Clients
Bonded & Insured
Condominium management services: the work and the records
Your board keeps its responsibilities. We handle the reporting, coordination and follow-through that support its decisions, whether you are moving from self-management or replacing your current company.
Property management
Dedicated account manager assigned to every building
01 / FINANCIAL MANAGEMENT
Financial administration your board can review
Bridge prepares the building's financial reports:
Balance sheets, income statements and cash-flow statements
Check histories and bank reconciliations
Accounts-payable and accounts-receivable reports
Monthly budget comparisons showing revenue and expenditure for the current month and year to date
Your board can also log in through AppFolio to see the building's finances. The figures remain available to your board while Bridge handles their preparation.
02 / BUILDING MAINTENANCE
Building operations and maintenance coordination
Bridge coordinates building care and keeps a documented record:
Weekly visits: We visit every building every week.
Inspections: We arrange seasonal inspections and record completed inspections in a historical physical-condition log.
Maintenance: We coordinate preventive maintenance and corrective repairs.
Building staff: We place and manage staff on your board's behalf.
We coordinate outside maintenance, security, engineering and other specialists as needed.
03 / PROCUREMENT
Vendor bids, contracts and follow-through
Bridge handles the sourcing and coordination so your board has comparable bids to consider:
Prepare scopes of work and requests for proposals
Obtain at least three bids for non-emergency work
Compare bids on a consistent basis
Negotiate contracts and track vendor performance and compliance
04 / BOARD AND RESIDENT SUPPORT
A management contact for the board and help for residents
Bridge assigns a dedicated account manager to each building and averages four buildings per manager across its portfolio.
Board meetings: At least one meeting each month
Board inquiries: A reply within one business day
Telephone assistance: Available to boards and residents 24/7
Critical building issues: Resolved within 24 hours
A critical issue is one that creates an immediate threat to resident safety, habitability, building security, essential building services, or continuing property damage.
The resolution commitment applies to those critical issues; routine board inquiries receive a reply within one business day.
Explore property management services
Full-service property management services
One company for your association’s finances, building operations and board support.
ii.
Compliance, insurance and energy administration
Bridge also handles administrative work that sits alongside daily building operations:
Building compliance: We coordinate compliance work in both markets. In New York, Local Law 11 support can include engaging the inspecting engineer, scheduling the inspection and coordinating filing. The outside professional performs the facade inspection.
Insurance: We manage policy and renewal calendars, collect vendor certificates, report losses and track incidents, coordinating with outside insurance brokers and other specialists as needed.
Energy: We manage utility data collection, benchmarking filings, compliance deadlines and conservation programs, with outside energy specialists performing technical work.
Work reserved for licensed professionals is performed by outside specialists.
Explore compliance, insurance and energy administration
i.
Capital projects
A roof, elevator or HVAC replacement brings budgeting, bidding and project administration together. Bridge works with your board to establish operating and capital budgets and the revenue required to balance them.
Bridge handles:
Long-term capital-plan management
Presenting funding options to your board
Bidding for major replacements and administering project contracts
A five-year plan for every building, reviewed twice per year
Where needed, we bring in reserve study analysts, engineers and architects for assessments and drawings, and owner's representatives on large projects. Your board receives planning and funding inputs; Bridge manages the plan and administration, with outside providers performing the study and technical work.
Tell us about the ongoing management and major work your condo association needs handled.
Explore capital projects and planning
iii.
Transfers & closings
Ownership-change administration
When a unit changes hands, Bridge handles the relevant administration:
Managing resale or estoppel packages
Verifying assessments and violations
Processing the ownership change
The work depends on the transaction. We bring in outside title companies, closing attorneys and appraisers as needed for their specialist roles.
ACCOUNTABILITY
Operating standards you can check
A visit to every building every week
At least one board meeting per month
A reply to every board inquiry within one business day
24/7 telephone assistance for boards and residents
Critical building issues resolved within 24 hours
At least three bids for non-emergency work
A five-year plan for every building, reviewed twice per year
A critical issue is one that creates an immediate threat to resident safety, habitability, building security, essential building services, or continuing property damage.
Tell us about your building and the management scope you need.
COMMERCIAL CLARITY
Management fees
Bridge charges a flat monthly fee per building for property management and administration, scaled by building size. Lawyers, engineers, contractors and other third-party costs are billed separately. Discuss specialist-service scope and fees alongside ongoing management in your proposal request.
The management work includes financial reporting, scheduled visits, vendor coordination and regular board contact, the responsibilities and commitments set out above.
SINGLE-BUILDING MANAGEMENT
Single-building associations
If you are researching property management for a small condo association, Bridge accepts single-building clients. Tell us your unit count and management needs so we can discuss the fit and scope for your association.
HAND OVER THE WORK WITH THE BUILDING'S HISTORY
Switching to Bridge
A typical transition to Bridge takes about two months. The handover covers your building's history, financials, open problems and staffing, whether your association is self-managed or changing companies.
Tell us your building's location and size, your current management arrangement, and the work your board wants Bridge to take on.
Who we serve
Co-ops
Condos
HOAs
Rental & multifamily
Property owners & investors
New developments