Spandrel Property Services Contracted to Manage Remaining Sponsor Units at Carriage City

RAHWAY, NJ– December 6, 2010 – Expanding its portfolio to New Jersey, New York City-based Spandrel Property Services, a boutique property management affiliate within The Spandrel Group network of real estate companies, has been tapped to manage its first residential development in Rahway, New Jersey encompassing the remaining sponsor units within Skyview at Carriage City Plaza.

 

The company has been contracted to manage unsold units within Skyview, a 222-unit, mid-rise condominium building developed by Silcon Group and built in 2008. Spandrel will be managing the 160 one- and two-bedroom residences, which are currently being marketed as rentals. To assist in the leasing efforts for the rental homes, Spandrel has appointed The Real Estate Group of NY, one of New York City’s premier residential brokerages to act as leasing agent.

 

“This is an exciting opportunity for our company to cross the river and expand our services into New Jersey,” said Spandrel Property Services Founder Ian Levine, also the founder of Spandrel Staffing Services and Spandrel Marketing Services. “I’m certain Skyview will benefit from our experience and personalized approach which we bring to each and every one of our projects.”

 

Drawing on the expertise gained from the management of its own developments, Spandrel Property Services commenced day-to-day management at the property on November 1st. The firm will look to create streamlined efficiencies and could provide, if necessary, 24-hour staffing through its affiliate Spandrel Staffing Services.

 

“Our network of companies is a boon to our clients. In addition to our experience, gained through the soup-to-nuts development and management of our own properties, we are able to offer additional services and resources that streamline the entire building management process,” added Levine.

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