Spandrel Property Services Contracted To Manage The Monarch Condominium Master Homeowner Association

YONKERS, NY– September 24, 2012 -New York-based Spandrel Property Services, a property management affiliate within The Spandrel Group network of real estate companies, which recently expanded its New York presence with a new corporate office in Larchmont, has been contracted to manage the Master Homeowner Association for the Monarch Condominium. Nestled in the 82-acre shopping and lifestyle development, Ridge Hill, the Monarch is located in Yonkers.

“The Monarch Condominium Master Homeowner Association is an exciting addition to our growing portfolio because of our understanding of managing a building in a flourishing, up-and-coming community”, said Spandrel Property Services Founder Ian Levine, also the founder of Spandrel Staffing Services and Spandrel Marketing Services. “I’m certain that the Monarch Condominium will benefit from our experience and personalized approach which we bring to each and every one of our projects.”

Spandrel Property Services was chosen to manage Monarch because of the firm’s knowledge and experience with new development, an understanding of sponsor and homeowner relationships, as well as its ability to work effectively with sales and marketing teams. Houlihan Lawrence Project Marketing serves as the exclusive marketing and sales firm for the development.

To be comprised of four luxury towers, Monarch, which is located just twenty minutes outside of New York City, will eventually consist of 500 state-of-the-art residences. With over 42 different layouts, more than half of the condominiums will have an outdoor terrace or balcony. Also unique to the property upon its completion will be its two-story gym, featuring a running track, tennis courts, a basketball court, a pilates studio, and an indoor pool. Other amenities include a 24 hour doorman and concierge service, an outdoor pool, and a cinema room.

Located within Ridge Hill, Monarch provides easy access to shopping and dining in the area, including big name retailers Apple, Whole Foods Markets, Lord & Taylor, and Cheesecake Factory.

Monarch will be handled through Spandrel’s Larchmont office, which focuses on the Westchester and Connecticut real estate markets. For sales information on the Monarch Condominium, please visit www.monarchrh.com or call 917-375-3710.