FirstService Residential Expands Along the Gold Coast, Welcoming Riviera Towers Back to Its Premier Portfolio
FirstService Residential (NASDAQ: FSV) announced it has again been selected to provide full-service property management for Riviera Towers, a luxury waterfront high-rise community in West New York, New Jersey.
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Rhea-AI Summary
FirstService Residential (NASDAQ: FSV) announced it has again been selected to provide full-service property management for Riviera Towers, a luxury waterfront high-rise community in West New York, New Jersey. The board chose FirstService Residential for its resources, industry expertise, and service quality.
According to FirstService Residential, the partnership will support long-term capital-improvement initiatives and focus on high-rise operational excellence, strategic guidance, and enhancing resident experience at Riviera Towers, which features extensive amenities and views of the Manhattan skyline.
Details
News Market Reaction – FSV
On Aug 20, the day this news came out, FSV closed 2.05% below the previous close.
Data tracked by StockTitan Argus for the Aug 20 session.
Key Figures
- Announcement date
- Aug. 20, 2026
- Riviera Towers management selection
- Doorman service
- 24-hour
- Riviera Towers amenity
Historical Context
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Selected to manage The Sonata Condominium in Washington, DC
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Selected to manage Sea Colony East Phase III Condominium
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Selected to manage Fleet Street Condominiums in National Harbor
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Released 2026 BENCHMARK High-Rise report covering nearly 1,500 buildings
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Selected to manage The Cricket Club Condominium in North Miami
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"We are thrilled to welcome Riviera Towers back to the FirstService family," said Michael Mendillo, President, East Region, FirstService Residential. "It is an honor to partner with the board and residents of this exceptional community. Our team looks forward to delivering high-rise expertise, operational excellence, and strategic guidance to support the community's ongoing success while helping bring its long-term vision to life."
Ideally located along
"After conducting a thorough search, the board selected FirstService Residential because of the depth of resources, industry expertise, and exceptional service we provide to every community we manage," said Arthur Bartikosky, Senior Vice President, FirstService Residential. "We are excited to partner with the board and residents as they embark on several significant long-term capital-improvement initiatives that will further enhance the value and appeal of this outstanding community."
As the leading residential community management company, FirstService Residential partners with boards, owners, and residents to enhance property values, elevate the resident experience, and deliver customized solutions tailored to the unique needs and goals of every community it serves.
About FirstService Residential
FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across the United States and Canada. The organization partners with boards, owners, and developers to enhance the value of every property and the life of every resident.
Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/7 customer care and tailored lifestyle programming, amenity activation, and technology for their community's specific needs. Market-leading programs with FirstService Financial, FirstService Energy, and special districts teams deliver additional levels of support.
Boards and developers select FirstService Residential to realize their vision and drive positive change for residents in the communities in their trusted care.
FirstService Residential is a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients.
View original content to download multimedia:https://www.prnewswire.com/news-releases/firstservice-residential-expands-along-the-gold-coast-welcoming-riviera-towers-back-to-its-premier-portfolio-302853013.html
SOURCE FirstService Residential
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