Distressed
Properties
Managing Distressed Properties in
New York City
HPM has expertise in managing financially distressed buildings that remain in the hands of Boards of Directors. Before these buildings enter the court system, we can work towards better results.
Our team of property managers is able to guide boards towards financial turnaround, building fortification, and stability. We work closely with lenders, vendors, shareholders, and parties involved to bring about orderly workout solutions.
It’s not too late. Talk to us about your distressed building. Contact Us Now!
It’s not too late. Talk to us about your distressed building. Contact Us Now!
Expert Management for Distressed Properties in New York City
At HPM, we specialize in stabilizing financially distressed buildings, working closely with Boards of Directors, lenders, and stakeholders to guide properties toward financial recovery and long-term sustainability. Before a property enters the court system, our proactive strategies help prevent further decline and restore operational efficiency.
Proven Expertise in Receivership & Turnaround Solutions
HPM is a New York City court-appointed receiver, bringing extensive experience in managing properties facing financial and operational challenges. Our expertise in New York State Part 36 Court Appointed Services allows us to provide structured solutions that protect both the property and its residents.
We work in collaboration with New York City Housing Preservation & Development (HPD) and other regulatory bodies, ensuring compliance and access to available resources.
Improving Property Conditions and Outcomes
A distressed property needs close attention and careful support. The right property management partner can turn your building around, whether it’s suffering financially, falling into disrepair, or in violation of local codes and laws.
At HPM, we work with distressed properties to make them better. Before your building falls into the courts system, take the proactive measures you can to turn things around. We can help you just like we’ve helped other boards and buildings. Set up a consultation today.
Contact us today for a consultation and learn
how we can improve your property's performance.
