Case Study: Charney Companies cuts leasing time and unlocks $231+ per lease with Venn

How Charney Unlocked $231+ Per Lease with Leasing Automation

Charney Companies, a real estate developer, faced a significant challenge in manually processing leases for their new Gowanus Wharf development, a slow and inefficient process that took over six hours per move-in and led to abandoned applications. To solve this, they partnered with Venn and implemented its automated leasing platform to streamline the entire resident journey from application to move-in.

By using Venn's platform, which integrated tasks like document collection and approvals, Charney dramatically reduced lease processing time to under one hour. This efficiency unlocked over $231 in value per lease, cut approval times from days to under 24 hours, and is projected to generate over $500,000 in value across the full 2,200-unit campus. The vendor, Venn, enabled Charney to scale operations faster and deliver a superior resident experience without adding staff.

Charney Companies

Ian Smith

Leasing Manager