Company: NEN
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001558370-25-003015
Chunk: 3

Company: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
Filing Date: 2025-03-14
Form: 10-K
Item: Item 11
Chunk 3
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, settling insurance claims, maintaining administrative offices and employing personnel. In 2024, the Partnership and its Subsidiary Partnerships paid administrative fees to The Hamilton Company of approximately $1,032,000 inclusive of construction supervision and architectural fees of approximately $504,000, repairs and maintenance service fees of approximately $175,000, legal fees of approximately $171,000, renting expenses of approximately $57,000 and $125,000 for accounting services. In addition, the Partnership paid $24,000 to Ronald Brown for construction supervision services.