Century Management Services Inc. Continues to hold its place in the Top 20 Management firms in Manhattan. The article linked is a snapshot of the current climate for the industry as described by the executives and life-long professionals in the field.
Our very own, Mitchell Barry, weighs in on the challenges property management currently faces all the while remaining resilient, relevant and resourceful.
“Property management as an industry is relatively insulated from the city’s volatile real estate market; it’s rarely impacted by falling sales prices or the seemingly fickle appetites of foreign investors. But the business — which generated $81 billion in revenue nationwide in 2017, per business research firm IBISWorld — is highly competitive. ”