Michael Feldman

CEO at Choice NY Management

Speaker

Mr. Michael P. Feldman

Michael is currently Co-Founder and the Chief Executive Officer of Choice New York Companies, Choice NY Property Management, LLC (2010), Staffing By Choice (2013), Goldin Choice Property Management (2018) and Home By Choice Real Estate Brokerage (2019). Together, these companies provide a broad suite of 3rd Party Real Estate Services such as Property Management, Building Staffing and Residential Brokerage to all-scale residential buildings in New York City.

Starting with no revenue, Michael built the business first organically, then organically and inorganically to $27MM of revenue and $5.1MM of EBIDTA before successfully selling the business to Associa Corp. (backed by Blue Owl) in 2021. Under Michael’s leadership, Choice New York acquired and integrated three businesses to expand its suite of services and add new clients. Several business elements contributed to the success of Choice New York Companies, such as providing unmatched tech-enabled client service to drive retention, attracting and retaining the best staff and being the first property management company in NYC to provide building staffing services with a recurring revenue model.

Moreover, Michael achieved a performance based earn-out last year. Further, after 4 successful acquisitions of Property Management competitors culminating with the sale of Choice NY and related companies, since transacting with Associa, Michael has successfully purchased (on behalf of Associa) one or more sizable add-on Property Management Companies each of the 4 calendar years since the initial transaction. Founded 47 years ago, in 4 short years Michael has directly (Choice NY) or indirectly (add-ons) accounted for ~5.5% of Associa’s ~$2.3 Billion in revenue.

Michael takes special pride in being:

● An active member of the Young President Organization (‘YPO’ ypo.org.)

● A Board Member of the Simon School of Business AIN Center for Entrepreneurship at the University of Rochester where he also serves as a mentor for a group of MBA candidates and is a recurring “shark-tank” style judge for various Business School Competitions.

● An active member of Tiger21 (tiger21.com)

● Serves as an expert witness for the Manhattan District Attorney’s Office and the People of the State of New York in Real Estate Fraud.

● A Board Member of the University of Rochester Hillel Board.

● A Part-time Vail International Resorts Ski Instructor. He was also a parent volunteer on his sons’ downhill ski racing team.Michael graduated from the University of Rochester where he earned a B.A. in Political Science.