Prestige Management

About Prestige Management

Prestige Management is a real estate operator. Prestige Management operates in New York City, New York. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Core.

Prestige Management, Inc. is a licensed real estate company founded in 1991, giving it 35 years of history in 2026. The firm specializes in third-party management of residential and commercial properties, with expertise in affordable and regulated housing across New York City. Its portfolio includes more than 8,000 residential units, 65 commercial spaces, and 55 managed entities, including 9 Mitchell-Lama properties. Prestige reports managing assets valued above $250 million and operating budgets exceeding $70 million. The company’s core focus is cooperative and multifamily housing governed by programs such as Mitchell-Lama, Low-Income Housing Tax Credits, HUD Section 8, Section 236, Section 202 senior housing, HDFC, and HDC cooperatives. Its services cover property operations, compliance reporting, budgeting, refinancing support, capital improvements, energy upgrades, rent regulation, and grant administration. Prestige also oversees commercial spaces and has supported energy-efficiency training across 20 buildings, including operational programs that reduced heating-energy use by 5% on average.

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