New York Real Estate Executive Ian Levine Forms a Strategic Alliance with Stribling & Associates

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New York-based real estate executive, Ian Levine, has formed a strategic alliance between his boutique property management firm, Spandrel Property Services, an affiliate within The Spandrel Group network, and one of New York City's most respected residential real estate firms, Stribling & Associates.

Stribling is pleased to enter into this unprecedented alliance with Spandrel Property Services, which better assists the multi-family residential market by offering an array of top-notch service through its network of affiliates as well as informed oversight based on the development and management of its own properties

New York-based real estate executive, Ian Levine, has formed a strategic alliance between his boutique property management firm, Spandrel Property Services, an affiliate within The Spandrel Group network, and one of New York City's most respected residential real estate firms, Stribling & Associates.

As part of the arrangement, Stribling & Associates, as well as its affiliate Stribling Marketing Associates, will assist Spandrel in the creation of property management opportunities at multi-family residential developments across the city. In addition, through regularly held presentations, Levine will educate Stribling's elite group of sales agents on critical property management issues facing residential property owners.

"This alliance with Stribling & Associates goes a long way toward enhancing our third-party business development efforts," said Levine, who is the founder and president of Spandrel Property Services. "It is a privilege to hold a professional alliance with an established and well-reputed real estate company that represents high-profile residential buildings, and new development projects, throughout New York City."

This alliance comes on the heels of various other efforts by Levine to gain a greater percentage of the property management market share with third party developers. Last year, the firm hired its first-ever director of operations and rolled out the state-of-the-art Sage Timberline software program that will allow the company to provide cutting edge oversight and detailed reporting to meet the specific needs of its new third party clientele. Levine also completed a major rebranding of the company.

"Stribling is pleased to enter into this unprecedented alliance with Spandrel Property Services, which better assists the multi-family residential market by offering an array of top-notch service through its network of affiliates as well as informed oversight based on the development and management of its own properties," explained Stribling Founder and President Elizabeth F. Stribling.

ABOUT STRIBLING MARKETING ASSOCIATES
Stribling Marketing Associates, located in TriBeCa at 32 Avenue of the Americas, was established in 1999 in response to Stribling's ever increasing activity in the project marketing arena. Today it has grown into one of the most respected and successful project marketing groups in Manhattan. The division specializes in sales and leasing representation, marketing, and consulting, and repackaging of new developments and conversions. The firm also provides comprehensive advisory services which include: strategic collaboration with architects to ensure optimum space design for each market, the creation of compelling brand and positioning for new developments, advice on creation of distinctive and unique marketing materials, and intelligent, honest, and experienced brokerage.

The division has represented some of Manhattan's most outstanding properties including: The Porter House in the meatpacking district, designed by the noted architectural firm SHoP, 47 East 91st Street in Carnegie Hill, and both 116 and 124 Hudson Street in TriBeCa. Currently, Stribling is representing the new luxury hotel condominiums at the Plaza Hotel as well as condominiums at Loft 25 and The Avant in Chelsea, The Thorndale in Hell's Kitchen, One Brooklyn Bridge Park in Brooklyn Heights, One Hanson Place in Fort Greene, and 211 Elizabeth Street in Nolita.

ABOUT STRIBLING & ASSOCIATES, LTD.
Stribling & Associates, Ltd. is a premier residential real estate firm employing over 200 agents in three Manhattan locations. As one of the most renowned brokerages in New York, Stribling uses its respected expertise in the current market to provide individualized services to both buyers and sellers. Stribling agents specialize in the sale of luxury townhouses and cooperative and condominium apartments. Their company's philosophy is based on professional, personalized services coupled with exceptional knowledge of key residential market trends.

ABOUT SPANDREL PROPERTY SERVICES, INC
Spandrel Property Services is a boutique real estate property management firm within The Spandrel Group network. Formed in 2000 and based in New York City, Spandrel has accumulated over two million total square feet of assets under management, including both corporate and third party owned properties. The firm works with new developers in managing and maintaining first class assets.

ABOUT THE SPANDREL GROUP
New York-based real estate executive Ian Levine founded The Spandrel Group in 2008. The boutique umbrella company consists of Spandrel Property Services, Spandrel Marketing Services and Spandrel Staffing Services. The Spandrel Group draws its expertise from the development and management of its own residential and commercial properties, enabling the firm to offer unparalleled experience and dedication to its clientele on a regional and national basis. For more information, visit http://www.spandrelgroup.com.

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Cristina Allen
Rubenstein Associates
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