Related Equities, LLC
Co-ops · Condos · Rentals
Boards hire us when the reports look fine and something still feels off. Management companies hire us for a second read on a building they already run — or a property they are about to take on. Same practice if you only need a consult first.
See what we reviewManagement consultation for firms that want an outside read on a building they run, a property they are taking on, or a fee schedule before the board meeting.
Management consultationWhen you want the building run, not just administered. Collections, vendors, Local Law, board support, and reporting that a treasurer can actually use.
How we managePacket, minutes, budgets, and questions from the building’s own documents. 24-hour trial, then a license.
Open Artur’s BoxSmall job or a large capital project. Send the two or three proposals your vendors already gave you — we will read scope, price, and exclusions. Think you are overpaying on a maintenance contract? Send that too.
Send the proposalsBoard advisory
When the reports look fine and something still feels off, we read the financials, the governing documents, and the invoices. Ask us for a free review of your most recent monthly financial reports.
Request a free monthly reviewTrust matters. Verification protects value. Your accountant signs off on the year. Your agent reports the month. We connect the two: verifying the numbers and catching costly discrepancies.Related Equities — Board Advisory
Good management deserves verification. Before changing management, understand what is really happening.
Good management deserves verification. Before changing management, understand what is really happening. We independently evaluate your property’s financials, operations, and management performance — so the board can make an informed decision.
Read the management agreement. Then read the invoice. They are rarely the same document. The contract has a number in it. The invoice has several.
A budget that never changes is not a budget. It is a photocopy. Reserves are either a plan or a story. The statement will not tell you which.
The assessment is not the emergency. Deferred maintenance is a loan. The facade is the interest.
The proprietary lease outranks the house rules. Most boards learn that in litigation. The bylaws say what they say, not what the building has been doing since 2009.
Arrears do not age out. They move down the page. A payment plan nobody enforces is a discount.
The bids are competitive. They just always compete with the same two companies. Eleven years with the same plumber is either loyalty or inertia. Someone should know which.
We flag issues for the board, counsel, and the building’s accountant. This review is not a certified audit or a legal opinion — it is the independent read most buildings never commission.
Audited statements, YTD actuals, operating budgets, monthly cash reports, reserve position, and how money is actually moving.
Management agreement versus invoices. Extra fees, allocations, reimbursables, and whether the building is paying for work it already bought.
Bylaws, amendments, proprietary lease, house rules, sublet and alteration policies — and whether daily practice matches the documents.
Building type, unit count, current manager, and the question the board actually wants answered. We tell you what to pull — not a fishing expedition.
Financials, cash reports, the management contract and twelve months of invoices, bylaws, lease, amendments, sublet policy, and recent minutes.
We write what is wrong. You already know the rest. If the building is clean, the memo is one page and you paid for the sentence.
A written findings memo and a working session with the board or finance committee. What to fix, what to ask counsel, what to take back to the manager.
An owner asks what it costs to fix. An administrator asks who to forward it to. Usually the reviewer is us.
Management practiceVendors, staff, preventative work, and the unglamorous discipline that keeps a facade from becoming a special assessment.
Inspection calendars, FISP / LL11, boilers, elevators, and the deadlines that turn into violations when nobody owns the list.
Maintenance and common charges collected, aged, and reported so a treasurer can brief the board in ten minutes.
Financials. Fees. Contracts. Governing documents. Operations. Tell us what you want reviewed — we will tell you what deserves attention.
400 Madison Ave, Suite 15A
New York, NY 10017
re@relatedequities.com
Monday–Friday 8:00–5:00 · Saturday 9:00–4:00