Business Details
50+ Years
experience
Expert Property Management Services in New York City
Langsam Property Services has been a trusted leader in real estate management since its founding in 1949. With over seven decades of experience, we specialize in managing residential and commercial properties across the Bronx, Manhattan, Queens, Brooklyn, and Westchester County. Our team of Certified Property Managers (CPMs) and licensed professionals brings unparalleled expertise in property operations, financial management, and tenant relations. As one of only two Accredited Management Organizations (AMOs) in New York State, we adhere to the highest industry standards set by the Institute of Real Estate Management (IREM). Our leadership team includes seasoned professionals with advanced degrees in public finance and urban planning, many of whom have held high-level positions in New York City government.We pride ourselves on maintaining properties to the highest standards, as evidenced by our reputation for transforming neglected buildings into neighborhood showpieces. Our commitment to excellence extends to legal compliance, financial transparency, and community engagement, including partnerships with local organizations to address crime prevention and tenant support. With a portfolio of 350 buildings and 11,000 dwelling units, we combine institutional expertise with personalized service to meet the unique needs of property owners and residents alike. Our proven track record in managing complex rehabilitation projects and navigating regulatory frameworks demonstrates our ability to deliver sustainable solutions in a dynamic industry.
Services
Property Management
Asset Management
Construction Services
Tenant Screening
Legal Services
Details
- Year established: 1949
Highlights and features
- We hold Accredited Management Organization (AMO) status from IREM, a mark of excellence in property management.
- Our team includes four Certified Property Managers (CPMs) and professionals with advanced degrees in public finance.
- We maintain a 98% rent collection rate through rigorous tenant screening and legal processes.
- Our in-house expertise reduces water/sewer costs by millions annually through billing optimization.
- We have successfully rehabilitated over 150 buildings while maintaining tenant residency during renovations.
Associations and certifications
- Institute of Real Estate Management (IREM)
What people say
Transformed neglected buildings
High rent collection rate
Successful rehabilitation projects
Strong community engagement
Expertise in regulatory compliance
Services
Property Management
Langsam provides comprehensive property management for residential and commercial buildings. Our services include maintenance coordination, tenant relations, and regulatory compliance. With 70+ years of experience, we ensure properties maintain high standards while maximizing value for owners.
Asset Management
We offer strategic asset management for institutional investors and property owners. Our team optimizes cash flow, implements capital improvement programs, and navigates complex regulatory frameworks. With expertise in tax abatement applications and financial analysis, we deliver tailored solutions for diverse real estate portfolios.
Construction Services
Langsam's construction division specializes in building rehabilitation and renovation. We've completed over 150 projects, including structural repairs, apartment upgrades, and system-wide improvements. Our approach maintains tenant residency during renovations while ensuring cost-effective, code-compliant results.
Tenant Screening
Our rigorous tenant screening process includes credit checks and background verification. We maintain a 98% rent collection rate through careful applicant evaluation. The process balances regulatory compliance with practical considerations for property owners and existing residents.
Legal Services
We handle legal matters including rent collection and eviction proceedings. Our in-house paraprofessionals work with law firms to maintain high collection rates. The process emphasizes timely action while complying with New York's complex housing regulations.
People
Mark F. Engel
CEO
Mark Engel has served as CEO since 1976, holding CPM, CPA, and real estate broker credentials. He graduated from Queens College with a degree in accounting and has led Langsam's growth from 2,500 to 11,000 units. He maintains active involvement in policy decisions and property inspections.
Matthew Engel
President
Matthew Engel became President after joining in 2001. He holds a Wharton economics degree and CPM designation. Prior to Langsam, he worked at Ernst & Young's real estate advisory group. He currently chairs the Community Housing Improvement Program and oversees all operational aspects of the organization.
Brian Lewis
Director of Operations
Brian Lewis has served as Director of Operations since 1979, holding CPM and real estate broker credentials. He graduated from NYU with degrees in public accounting and law. He oversees day-to-day operations for 10,000 apartments and has received multiple awards for affordable housing revitalization efforts.
Rajive Maret
Vice President/Director of Administration
Rajive Maret joined Langsam in 2016 with over 15 years of property management experience. He graduated from Pace University with a finance degree and oversees affordable housing programs, Section 8 administration, and commercial leasing operations.
Questions
What types of properties does Langsam manage?
We manage residential buildings (including affordable housing) and commercial units across NYC and Westchester County.
How long has Langsam been in business?
Founded in 1949, we've provided property management services for over 70 years.
Are you an Accredited Management Organization?
Yes, we're one of only two AMO-designated firms in New York State by IREM.
How do you handle tenant screening?
We conduct credit checks and background verification, maintaining a 98% rent collection rate.
Can tenants request accommodations?
Yes, we comply with all regulations regarding reasonable modifications for persons with disabilities.
Do you offer construction services?
Yes, our affiliated RLA General Contracting handles building rehabilitation and renovations.
