Advisory Council of Managing Agents (ACMA)

The Advisory Council of Managing Agents (ACMA)

The ACMA is a membership organization of cooperative and condominium property managers who oversee hundreds of residential properties in the Westchester and Mid-Hudson Region. The council provides a number of membership services to help managers run their properties more efficiently.

The benefits of membership in ACMA include:

  • Meetings
  • Seminars
  • Bulletin Services, Including Monthly Mailings
  • A Monthly Newspaper
  • An Annual Directory
  • Lobbying and Legislative Services

The council is strengthened by its affiliation with the Building and Realty Institute (BRI).

In 1995, ACMA released its ” Code of Ethics.” The code contains guidelines that help define and enforce ” the highest standards of ethical and professional conduct, both amongst property managers and in their relationships with their clients, suppliers and service firms.”

ACMA is proud to emphasize its code, the efforts associated with it and the members of the association who strive to provide clients with the highest level of professional service.

Rent Laws & Lease Renewal

Click here to download the 2019 Rent Laws Summary (PDF File)

Description 1-Year Term 2-Year Term
Renewal Leases between 10/1/19 and 9/30/20 1.75% 2.75%

No discussion was held by the board related to Guideline increases where the Owner does not provide heat or hot water. We will update you on any developments regarding this situation.

Other Councils

The Apartment Owners Advisory Council (AOAC)

The AOAC is composed of apartment building owners, managers and allied businesses. The groups join together to protect their rights and the earning power of their properties. The association monitors realty issues on a local, state and national level.

The Cooperative and Condominium Advisory Council (CCAC)

Running co-ops and condos is a complicated and multi-faceted job. The purpose of the CCAC is to broaden and sharpen the knowledge of board members to meet this challenge. The CCAC helps its members with a variety of educational, information, lobbying and referral services.