AI co-op management software, built for the way co-ops actually run
One system for maintenance billing and collections, the books and shareholder statements, work orders and vendors, the resident apps, and the co-op board. Built for the firms that manage NYC housing cooperatives.
Operational pain points for co-ops
- Collecting monthly maintenance. Late maintenance, manual reminders, and disconnected bank feeds create a weekly collection burden.
- Shareholder statements and reserves. Preparing monthly statements and tracking reserve contributions by hand is slow and error-prone.
- A demanding co-op board. Approvals, minutes, and a snapshot the board actually reads: every meeting generates work the agent has to assemble manually.
- Shareholder questions about the proprietary lease and house rules. Shareholders call the office with questions about rules buried in PDFs nobody can search.
- Vendor COIs and expirations. Tracking certificates of insurance and expiration dates in spreadsheets leaves the building exposed.
How Monty solves it
- Maintenance billing with autopay. Recurring charges, autopay enrollment, and ACH or card payments run on a single ledger with NSF handling.
- GL, shareholder statements, and reserves. Books, AR aging, monthly statements, and reserve tracking in one system of record.
- Work orders, RFPs, and COI tracking. Tickets route to vendors with AI shortlisting; COIs upload to the building and expire with automated warnings.
- Resident apps for iOS and Android. Shareholders pay maintenance, submit work orders, receive packages, book amenities, and message the office from one app.
- Board portal with approvals, minutes, and Building Signals. Meeting mode, recorded votes, AI-generated minutes tied to kanban tasks, and a snapshot the board opens every morning.
- Resident chat answered from the proprietary lease and house rules. The AI assistant cites the exact section it is answering from, so shareholder questions do not become phone calls.
Frequently asked questions
Is Monty built for housing co-ops, not just condos?
Yes. Monty distinguishes shareholders from tenants, supports proprietary lease workflows, and includes co-op-specific governance, board controls, and resident chat.
Can our managing agent and the board both use Monty?
Yes. Monty gives platform admins, organization managers, on-site staff, and residents the right view of the same source of truth.