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M

Magnum Management

Corporate Owner·5 buildings·67 units
2.6

6 reviews

Highlights

2
Evictions
12
Litigation cases

About Magnum Management

Magnum Management is a mixed-profile corporate owner. Across their buildings, tenants rate them 2.6/5 across 6 reviews, with 50% recommending their buildings and 50% approving of them as an owner or associate. Their portfolio records 2 evictions, 12 open violations, and 12 litigation cases. Data last updated September 9, 2026. Associated with 5 buildings and 67 units across Manhattan, Magnum Management is a corporate owner responsible for a portfolio that spans construction eras from the 1840s to the 1910s, reflecting multiple generations of development. The portfolio spans multiple neighborhoods across Manhattan, including Soho, West Village, Lower East Side, and East Village. The buildings are primarily mid-rise. About 60% of the associated buildings have rent-stabilized apartments. Prospective renters can find building-level ratings, reviews, and open-data records on the associated building pages.

Renter recommendations

-%

Renters recommend associated buildings

-%

Renters approve of this owner or associate

Building photos

Review summary

Summarized from anonymous rental reviews on Openigloo.

Recent tenant reviews of buildings managed by MAGNUM MANAGEMENT reveal a mixed experience. While some appreciate the lively locations, well-maintained units, and responsive staff, numerous renters express frustration with poor communication, insufficient security leading to frequent package thefts, and delayed maintenance responses, especially heating issues in winter. Garbage management and pest control efforts vary, with reports of persistent rodent problems in some buildings. Noise levels can be high due to neighbors and nightlife. Rent increases and unclear stabilization status impact tenant satisfaction. Overall, prospective renters should expect management challenges, fluctuating responsiveness, and security concerns in these buildings.

Reviews

Former tenant·6 months ago

Review of Ludlow

Pros

lively neighborhood, no pests, nice neighbors, overall good price , responsive management

Cons

loud and people steal your packages

Former tenant·Over 2 years ago

Avoid this real estate management group

Pros

Close to grocery stores, location is great for younger people who want access to downtown, perfect size for just one person, some aesthetic updates are nice, can’t really hear neighbors

Cons

Security cameras are not turned on/neighbor in the building steals packages, price is exorbitant for the space, don’t share updates around construction hours (performed indoor construction on staircase for days on end, never advised tenants), unresponsive to maintenance requests (pipes are too small in updates units, leaks are common, will not address stolen package issues), most updated furnishes are cheaply made, did not notify the entire building of a cockroach infestation & reduced exterminator visits to “as requested” requiring tenants to enroll in program without advising them, leasing agents are terrible/will say anything to get you to sign, increased the rent for everyone in the building by almost 40% in 2022 after promising this would not happen - try to ensure they do not have long term renters in the building, management is likely illegally destabilizing the units as they stopped registering rental history in 2012 (when most units were rent stabilized), not below intimidation of tenants

Advice to the owners

Deal with the tenant stealing packages, stop ripping off your tenants out of greed - worst rental experience in NYC

Buildings associated with MAGNUM MANAGEMENT

  • 163 Ludlow St
    Rent-stabilized

    163 Ludlow St

    Lower East Side

  • 165 Ludlow St
    Rent-stabilized

    165 Ludlow St

    3.4(5)

    Lower East Side

  • 6 Greene Street
    Good cause

    6 Greene Street

    Soho

  • 738 East 6 Street
    Rent-stabilized

    738 East 6 Street

    1.8(1)

    East Village

163 Ludlow St
Rent-stabilized

163 Ludlow St

Lower East Side

165 Ludlow St
Rent-stabilized

165 Ludlow St

3.4(5)

Lower East Side

6 Greene Street
Good cause

6 Greene Street

Soho

738 East 6 Street
Rent-stabilized

738 East 6 Street

1.8(1)

East Village

Building ratings

Cleanliness

-

Trash management

-

Pest control

-

Water pressure

-

Heat

-

Neighbors

-

Noise levels

-

Owner responsiveness

-

Cleanliness

-

Trash management

-

Pest control

-

Water pressure

-

Heat

-

Neighbors

-

Noise levels

-

Owner responsiveness

-

Rents and deposits

-

Renters received their security deposits back

-

Electronic rent payments

Open violations

From past 10 years · Updated 5 days ago

Average violations per unit for this owner or associate is better than the city average.

Owner average0.17Violations per unit
NYC average0.81Violations per unit
1Class C
Immediately hazardous

Rodents, pest, mold, inadequate heat or hot water, defective building parts

1Class B
Hazardous

Smoke detector issues, inadequate lighting, no lighting for stairways

5Class A
Non-hazardous

No peephole on a door, no street number on the building, unlawful keeping of animals

5Class I
Missing info

Missing or non-compliant with administrative information orders or filings

FAQs

Magnum Management has an average tenant rating of 2.6 out of 5 across 6 reviews.

Buildings managed by Magnum Management average 0.17 open violations per unit, fewer than the citywide average of 0.81.

50% of tenants who reviewed buildings managed by Magnum Management would recommend living there.

Magnum Management owns or manages 5 buildings totalling 67 units.

50% of tenants who reviewed a building managed by Magnum Management approve of how it is run.

Magnum Management has 12 housing court litigation cases across their portfolio.

Magnum Management has not appeared on the NYC worst landlords list.

M

Magnum Management

Corporate Owner·5 buildings·67 units
2.6

6 reviews

Follow us

For renters

Apartments for rent in NYCRenting tips and resourcesVerified apartment listings in NYCBuildings and owners in NYCOwners in NYCNYC market analysis reports

For landlords

iglooIQListings quality policy

Trending neighborhoods

Apartments in AstoriaApartments in Bedford-StuyvesantApartments in BushwickApartments in ChelseaApartments in Financial DistrictApartments in SohoApartments in Upper East SideApartments in Upper West SideApartments in West VillageApartments in Williamsburg

NYC boroughs

Apartments in BronxApartments in BrooklynApartments in ManhattanApartments in QueensApartments in Staten Island

2-bedroom apartments

2-bedroom apartments in Bronx2-bedroom apartments in Brooklyn2-bedroom apartments in Manhattan2-bedroom apartments in Queens2-bedroom apartments in Staten Island

Support

FAQContact usLive support

Legal

Terms of usePrivacy policyCommunity guidelinesAgency disclosureFair housing disclosureStandard operating procedures
© 2026 Openigloo Inc. All rights reserved.