About Us

About Newgent Property Management

Welcome to Newgent Property Management — your trusted partner for co‑op and condominium communities in New York City. Since our founding in 2001, we have been driven by a simple mission: to deliver transparency, innovation, and empowerment to property owners and boards. We specialize in mid‑sized co‑ops and condos, providing tailored management that uncovers opportunities and enhances every aspect of building life.

Our proprietary technology and governance‑first approach allow us to provide clear financials, real‑time insights, and seamless coordination. This ensures board members and owners have the information they need to make confident decisions. With Newgent, you get a modern, secure management experience that respects your community’s unique characteristics without resorting to clichés.

While co‑ops and condos are at the heart of our work, we apply the same dedication and expertise to homeowner associations, luxury buildings, and other residential properties. We believe in embracing the distinctive qualities of each community through meticulous management and cutting‑edge automation — so you can enjoy the benefits of ownership while we handle the complexities.

Providing property management services to luxury condominiums, cooperatives (coops), homeowner associations, individual property owners, multi-family properties, rent-controlled buildings, and commercial properties, we embrace the details that make living and working within our properties an exclusive experience.

With a portfolio stretching from Lower Manhattan to the Bronx, Brooklyn and Queens, your property is in good hands with Newgent. Our clients typically see a 50% to 200% improvement in their cash reserves, our residents are happy, and our expertise includes:

  • Property Management
  • Residential Relations
  • Financial Management (Rent, Association Fee Collection, Bill Pay, AP/AR)
  • Preventative Maintenance & Physical Upkeep
  • Mitchell-Lama
  • Capital Improvement Management (Façade Inspections, Local Law 11)
  • HPD, DOB and ECB City Agency Mitigation
  • Code Violation Correction
  • On-Demand Property Management Reporting

OUR SERVICES

PROPERTY ADMINISTRATION

As a property management company here in NYC, we attack on several fronts and allow our clients to take a step back.

PROPERTY MANAGEMENT

Preventative Maintenance & Repairs – The preventative maintenance of your property is our first priority

RESIDENT
RELATIONS

We understand the correlation between happy residents and a low vacancy rate (this is true of both co-ops and rental.

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President & CEO

Abdullah Fersen

Abdullah has more than 20 years of experience in real estate and property management. His career has
progressed quite quickly from Real Estate Agent to Broker, and finally President and CEO of Newgent Property Management.

Our Team

Meet The Perfect
Property Management Team

Testimonials

See What Our Clients Want To Says