Property Management Companies AKAM and Orsid Unite To Deliver Better Value and Service Across New York and Florida

NEW YORK, November 6, 2025 —  AKAM, a leading property management company with more than four decades of experience, announced today that it has acquired and is partnering with Orsid New York (Orsid), creating one of the largest residential management groups in New York and Florida. 

Founded in 1955, Orsid manages over 260 residential properties and is a recognized leader among New York City’s most respected property management companies. Widely considered the preeminent choice for residential property management, Orsid is renowned for its unparalleled customer service, management philosophy, financial planning and reporting, and commitment to developing enduring client relationships. 

This alliance marks a significant milestone in AKAM’s strategic growth, reinforcing its commitment to customer-first service and unmatched value for clients.  

With the addition of the luxury and upscale Orsid portfolio, alongside its midscale brand Metro Management (Metro), AKAM now oversees a wider spectrum of premiere properties throughout the broader New York Metro area. The three companies united based on a deeply rooted shared philosophy: prioritizing customer service, enhancing resident experiences, and increasing the long-term value of the communities under their care. 

Each of the brands will continue to operate independently, maintaining their unique identities, teams, and operations while focusing on distinct market segments and property types.  

As he has done for nearly 40 of the company’s 70-year history, Orsid President Neil Davidowitz, Esq. will continue to lead the Orsid business alongside his executive team including Chief Financial Officer Andre Kaplan, Chief Legal Officer Dennis DePaola, Executive Vice President and Director of Risk Management Eric McPhee, Executive Vice President Laura Krasner, Senior Vice President Aaron Davidowitz and Senior Vice President Robbie Janowitz.  

The companies will leverage their vast combined scale to maximize vendor performance and overall customer value. Service delivery will be enhanced across all properties through the alignment of best practices and targeted investments in specialized expertise, technology and systems that will strengthen the operations of each business.  

AKAM’s Chief Executive Officer Ken Greene said, “Orsid’s outstanding reputation, deep expertise, and trusted client relationships make it a natural addition to our family of companies. With our shared culture and combined scale, we will offer greater value and benefits, invest further in our businesses, and continue our collective pursuit of excellence in property management.”  

This unprecedented combination positions AKAM, Orsid, and Metro collectively as the most customer-tailored, resident-centric, value-driven property management group in New York and Florida. 

“We’re excited to join forces with AKAM,” said Davidowitz. “Together, we remain committed to our core mission—improving the quality of life for the people who live in, work in, and visit the properties we manage—while continuing to serve our clients with the same dedication and excellence they have come to expect.” 

Acerca de AKAM

Powered by its Residential Intelligence business philosophy which places customers at the heart of its business, AKAM sets the standard in property management for both residential and commercial properties. With deep history and expertise in New York and Florida as well as a vision for growth, AKAM cultivates thriving communities through its hospitality-driven team, leading operational standards and rich service offerings. For more information, please visit www.akam.com and connect with us on social via LinkedIn and Facebook.  

About Orsid New York 

Orsid is one of New York City’s preeminent property management companies widely recognized for its unparalleled customer service, management philosophy, financial planning and reporting, and commitment to developing enduring client relationships. Founded in 1955 and currently managing over 260 residential properties across NYC, Orsid is a leader in property and asset management. Orsid is committed to managing properties for the long-term, with hands-on service at each building, ensuring client satisfaction and retention. For more information, please visit www.orsidny.com and connect with us on social via LinkedIn. 

About Metro Management Development 

Established in 1985, New York-based Metro Management Development (Metro) is a well-established property management firm with a strong reputation and commitment to customer service and satisfaction. Metro currently manages conventional cooperatives, Mitchell-Lama cooperatives, condominiums, cond-ops, residential rentals and commercial properties. For more information, please visit www.metromanagementdev.com.