Stribling & Associates has formed a acreage administration accord with Spandrel Acreage Services, a acreage administration close and associate of developer RAL Companies & Affiliates, the firms appear this week.
Spandrel will be able to accost acreage administration business from Stribling’s high-end brokers, said Ian Levine, Spandrel’s president, who is additionally COO and CFO of RAL. RAL developed One Brooklyn Bridge Park, for which Stribling is the absolute sales and business broker.
Elizabeth Stribling, Stribling’s architect and president, said back her aggregation does not accept a acreage administration analysis this adjustment allowances her close because her sales agents can bigger accommodated applicant needs. Stribling & Associates can accredit audience who are attractive for a acreage administrator to Spandrel, Stribling said. Often, architecture lath associates ask for acreage administrator recommendations, she said.
“When a acreage administrator does a acceptable job and gets the assurance and aplomb of the bodies in the building, the added acceptable it is they’re activity to alarm them” for a agent recommendation, said John Janangelo, admiral of Bellmarc Acreage Management.
Several brokerages, including Bellmarc Realty, Halstead Acreage and sister aggregation Brown Harris Stevens, accept their own acreage administration divisions.
Stribling said Spandrel was ambrosial because of the company’s size, but the accord is not exclusive.
“They’re not as ample a administration accumulation as added administration groups, so they can apparently accord absolutely alone absorption to barrio they manage,” she said.
Levine would not animadversion on the agreement of the adjustment or on any Stribling-marketed backdrop that Spandrel ability be absorbed in managing. Spandrel currently manages four barrio in New York City, including One Brooklyn Bridge Park, as able-bodied as barrio in Wester and Long Island.
“This is a cardinal accord ambit about acreage management,” said Levine, who added that Stribling and Spandrel “share abounding of the aforementioned business principles.”
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