Langsam Property Services Corp. is a prominent real estate management firm located in the Bronx, New York, established in 1949 by Ralph Langsam. With a focus on high-quality property management, the company has grown significantly from managing just 2,500 housing units to overseeing approximately 350 buildings with more than 11,000 residential units and 300 commercial spaces spread across the Bronx, Manhattan, Queens, Brooklyn, and lower Westchester County.
Under the leadership of President and CEO Mark Engel, who joined the company in the mid-1970s, Langsam has earned the designation of an Accredited Management Organization (AMO) by the Institute of Real Estate Management (IREM). This prestigious accreditation signifies a commitment to excellence in property management, and Langsam is one of only two AMOs in New York State to have four Certified Property Managers leading its teams. The company prides itself on employing a highly qualified staff, including Licensed Associate Real Estate Brokers, Sales Associates, and professionals with extensive experience in construction and urban planning.
Langsam is recognized for its innovative approaches and leadership in property management. The firm has successfully managed and renovated over 1,400 apartments under New York City’s Private Ownership and Management Program (POMP), which aims to revitalize neglected housing without displacing residents. Their dedication to excellence has led to numerous accolades, with former Bronx Borough President Fernando Ferrer noting that their properties are consistently the cleanest and highest quality in their neighborhoods.
In addition to managing residential properties, Langsam offers 'back office' services for other property managers, leveraging their purchasing power and expertise to navigate the complexities of property management. The company's commitment to non-discrimination in housing and employment further underscores its role as a leader in the industry, helping to create inclusive communities.
