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City University of New York (CUNY)·New York

Condominium Management Services

Rolling / TBD close$800k – $2.5MSole SourceLogin required
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Description

Through the "Procurement Opportunities News Letter", i.e. The New York State Contract Reporter, the University requested an exemption from initially publishing this contract opportunity in the procurement opportunities newsletter, in accordance with Section 144(2)(e) of the Economic Development Law, and the Office of the State Comptroller has granted the exemption under CRER ID: CNY01-0000593-3330215 for the University to contract with NY Resource Center Condominium for the period of 7/1/2026 - 6/30/2031.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Ronald Paynter(Director of Purchasing and Contracts)

[email protected]

(212) 817-7609

Key dates

Opened
10/6/2026
Closes
Rolling / TBD
Duration
5 years

Last updated

Details

Type
Sole Source
Industry
Property Development
NAICS
531311
Solicitation №
2139641

Budget estimate

$800,000 – $2,500,000

No monetary value is disclosed in the notice. Typical full‑service condominium management contracts for large institutional properties in New York City range from $150 k to $500 k per year, depending on building size, service scope, and staffing levels. Over a five‑year term, the total contract value would likely fall between roughly $800 k (lower‑end, modest building) and $2.5 M (upper‑end, extensive services and larger asset base). Factors influencing the final amount include the number of units, required capital‑project oversight, and any special compliance or reporting obligations imposed by the university.

AI estimate from the solicitation

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