About RMA

 Timeline

1960 — Relocation and Management Associates Inc. is organized and completes tenant relocation and urban renewal programs at Lindsay Park and Cadman Towers in Brooklyn.

1963 — Rental & Management Associates Corp. is organized to provide sales, rental, and management services to private owners and non-profit sponsors in Mitchell Lama programs.

1960’s — Comprehensive relocation studies and programs were undertaken in Milwaukee, Yonkers, North Hempstead, and Huntington and in Bayonne, Elizabeth, and Suffolk County.

1970s — Under the Sec.8 federal housing program, RMA redevelops, owns, and manages 378 units in buildings on Fox Street in the Bronx.

1980 — NYC initiates the 80/20 gut rehab housing program. RMA owns, redevelopers, and manages 213 units in 8 buildings in the Bronx

1988 — President Ronald Reagan awards Philip Schorr, RMA President, “The Private SectorAwards Commendation” in “Recognition of Exemplary Service in the Finest American Tradition.”

1990 — RMA awarded a HUD grant to acquire and rebuild three vacant buildings and rehabilitate a “sister” building with tenants in place for a combined total of 165 units in the West Bronx

1990— RMA develops 21 attached two affordable family homes in New Cassel, L.I., for the town of North Hempstead.

1995 — RMA is Chosen by NYC HPD to provide tenant education services to enable tenants to acquire their “in rem” building. Since 200 buildings were included in the Tenant Interim Lease Program in preparing tenants to manage their buildings.

2005—Under the NYCHPD New Foundation Program, RMA developed and sold 23 -to two-family attached homes in Brownsville, Brooklyn.

2008 — RMA is chosen by the MTA to provide relocation services for the residential tenants required to move for the construction of the Second Ave Subway in Manhattan.

2009-2011 — Redevelopment & Management Associates and its team of mechanics and maintenance men undertake a $2,000,000 rehabilitation program for the Sec. 8 units on Fox St.

2019— One of the few bipartisan aspects of the Tax Cuts and Jobs Act, is the creation of the Federal Opportunity Zones Program.  RMA utilizes some of its capital gains to create several funds to invest in distressed neighborhoods across the country including Florida, Minnesota, New Jersey and of course New York. RMA Florida is established to service one commercial and two residential projects in Palm Beach County.  

Towards the Future

RMA views the future with confidence in the growth of our community and our organization. The staff looks forward to using its skills to help you achieve your goals. Let us grow together.