FAMILY DISCOVERS IT PAYS TO OWN AT WOODSIDE KNOLLS

Baker Residential's Woodside Knolls in the Town of Wallkill

Baker Residential's Woodside Knolls in the Town of Wallkill

TOWN OF WALLKILL, N.Y. – After renting an apartment in Westchester, N.Y. for four years, Lisa E. Babb sat down and did the math. She immediately realized that what she and her husband spent in rent could have easily been put towards a home, a mortgage and a future.

“In four years we spent upwards of $72,000 in rent and had nothing to show for it,” says Mrs. Babb. “We needed to stop throwing our money away and make a solid investment; we needed to purchase a home.”

The determined mother of two decided not to waste any time and immediately began searching Google for new townhome communities throughout the tri-state area. Her search returned a number of neighborhoods and over the next six-months, the Babb’s visited each one.

“When I began my internet search, I only selected communities that I felt best fit our specific needs,” recalled Mrs. Babb. “Of course the home style and amenities were important but as parents, we were also looking for a community that was family-friendly and had a good school system and surrounding area.

“When we actually began visiting different places, we were amazed at how difficult it was to find a home that we loved in a town that was equally appealing.”

After a grueling six-month search, the Babb’s visited Baker Residential’s Woodside Knolls in the Orange County Town of Wallkill. They were immediately impressed.

“One of the first things we noticed about Woodside Knolls was the spacious layouts of the homes and the wide variety of standard amenities,” notes Mrs. Babb. “Majority of the other communities offered smaller homes with fewer amenities for more money. The difference was tremendous.”

Woodside Knolls was exactly what the family had been looking for, so the Babb’s purchased a Hudson home design at the collection of 216 fee-simple townhomes.

“When we began discussing details about our new home’s appointments and finishes with the staff, we were very impressed by their knowledge which extended well beyond pricing,” notes Mrs. Babb. “Their confidence in the product and attention to detail made us feel very secure in our choice to purchase at Woodside Knolls.”

The Babb’s are among the more than 50 families already residing in their new home and enjoying their dream lifestyle at Woodside Knolls. The community’s growing popularity has resulted in the fast approaching sell-out of its second townhome section.

“Due to the overwhelming demand, we recently Grand Opened the third housing phase at Woodside Knolls well ahead of schedule,” according to Sales Representative Ashley Young. “The spacious townhome designs have captured the attention of first-time buyers and families looking for and affordable residence in a quaint suburban location. In fact, our new housing phase offers some of the community’s most scenic homesites.”

Homes at Woodside Knolls are priced from the mid-$200,000 and feature breathtaking layouts that include 2,400 to 2,600 square feet of living space, three-bedrooms, two-and-a-half baths, spacious eat-in kitchens, oversized living and dining rooms, a number of walk-in-closets, full finished basements and two-car garages.

First-Time homebuyers appreciate the fact Woodside Knolls is approved by the Federal Housing Administration (FHA) which means friendly FHA financing which requires as little as a 3.5% downpayment is available for qualified buyers, as well as numerous developer incentives including the interest buy-down program, a $10,000 closing cost incentive and much more.

In addition to the first-time buyers, the community has also had strong appeal to empty nesters looking to downsize from larger single-family homes.

“Empty-nesters are finding Woodside Knolls a perfect alternative to retirement communities located further south,” adds Ms. Young. “Here, they can still enjoy the ease and convenience of townhome living, but in a location close to the family and friends throughout the area.”

Woodside Knolls is just minutes from Route 84 and the New York State Thruway to provide a short commute to destinations in northern New Jersey and Manhattan. Public transportation is also nearby with the Metro North Railroad just minutes away.

The many recreational and entertainment delights of the historic Hudson Valley are also close at hand. Hudson Valley is home to a variety of recreational, cultural and entertainment opportunities, including performing arts venues, historical attractions, fine shopping and a host of state parks and outdoor activities.

There’s also no shortage of recreational diversions available in Wallkill itself. The township boasts twelve parks and recreational areas, including the public Wallkill Golf Club.

“Residents will also have several activities right outside their doorstep thanks to the comprehensive package of on-site recreational amenities,” says Ms. Young. “Once complete, Woodside Knolls will feature a pool, recreation center, tennis court and a half basketball court.”

For additional information on Woodside Knolls, please call 845-343-3001 or visit http://NewHomes.WoodsideKnolls.com.
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SATORI LOFTS SET TO RAISE THE BAR FOR UPSCALE LIVING IN HISTORIC HOBOKEN, N.J.

Satori Lofts is a cutting-edge five-story building featuring sleek and expansive floorplans and upscale finishes and appointments in Hoboken, NJ.

Satori Lofts is a cutting-edge five-story building featuring sleek and expansive floorplans and upscale finishes and appointments in Hoboken, NJ.

HOBOKEN, N.J. – In a mile-square City known for its sought-after urban-inspired lifestyle, Maridian Properties is set to introduce a new residential address that will considerably raise the bar for luxury condominium living in Hudson County’s historic Hoboken.

Satori Lofts, a cutting-edge five-story building, is destined to stand out from the competition with its sleek and expansive floorplans, upscale finishes and appointments that rival Manhattan’s most recognizable high-rise residences, and value-driven prices.

Sales for the intimate collection of just 12 one-, two-, and three-bedroom homes are expected to begin shortly, with prices ranging from $499,000 to $1.3 million. Initial occupancy is scheduled for summer, 2009. Open Houses will start on May 9th from 1 p.m. to 5 p.m. or by appointment.

Situated close to Washington Street in this bustling Hudson River “Gold Coast” city, Satori Lofts represents an opportunity unlike any offered in Hoboken to date, states Mario Fini, President of Hoboken-based Maridian Properties.

“Simply put, this architecturally-distinctive building will bring a new level of construction and design distinction to Hoboken that promises to exceed consumer expectations,” says Mr. Fini. “Large, airy and open floorplans with huge floor-to-ceiling windows and soaring 9-to-14-foot ceilings will create dramatic living spaces that are bathed in natural light.

“Buyers will also embrace our location in an area long celebrated for its urban sophistication and downtown neighborhood charm characterized by eclectic restaurants, boutique shops, diverse nightlife attractions, convenient mass transportation options and numerous parks and public spaces.”

Located at 511 Madison Street, Satori Lofts’ striking exterior design features a glass façade with modern accents and details. Inside, contemporary and cutting-edge floorplans range from 974 to 2,345 square feet of living space. The light and airy interiors are highlighted by designer appointments such as bamboo hardwood floors, kitchens with Bosch stainless steel appliances, espresso, white laminate and stainless steel cabinets and Venetian white glass backsplashes; recessed lighting and gas fireplaces. Luxurious master bedroom suites feature large walk-in closets and sumptuous master baths with custom mirrors and Calcutta gold marble vanity tops.

An extraordinary top-floor Penthouse home boasts a 650 square-foot roof deck, while several other residences feature expansive outdoor terraces.

Homeowners will enjoy views of the ever-changing New York City Skyline and state-of-the art building amenities, including an intercom system, a custom designed lobby and 12 resident, covered parking spaces.

“All homeowners will enjoy Satori Lofts’ most exciting exterior feature — an abundance of outdoor space highlighted by a rear common courtyard that is ideal for entertaining or relaxing,” Mr. Fini points out.

Residents at Satori Lofts benefit from a location easily accessible to Hoboken’s Washington Street and historic downtown business corridor. They will also be in close proximity to a wealth of transportation outlets that whisk commuters to the major business and cultural centers of Manhattan, including nearby Light Rail service, the PATH and New York Waterway Ferry.

For additional information on the new luxury condominiums at Satori Lofts, please call 201-222-1062 or visit http://www.satorilofts.com

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GROUNDBREAKING OF MARGARET S. HERBERMANN MANOR PAVES THE WAY FOR NEW WORKFORCE HOUSING IN JERSEY CITY

Jersey City officials, state and federal dignitaries and local civic and business leaders join developer Franklin Development Group to break ground on Margaret S. Herbermann Manor which will bring new affordable and workforce housing units to the Heights section of Jersey City, NJ.

Jersey City officials, state and federal dignitaries and local civic and business leaders join developer Franklin Development Group to break ground on Margaret S. Herbermann Manor which will bring new affordable and workforce housing units to the Heights section of Jersey City, NJ.

$11 Million Project To Meet LEEDS Silver Certification

JERSEY CITY, NJ – Developers officially broke ground recently on Margaret S. Herbermann Manor which consists of 45 new affordable and workforce housing units located in the Heights section of Jersey City, NJ.

A host of state and federal officials including Marge Della Vecchia, Executive Director of the New Jersey Housing & Mortgage Finance Agency; and Kathleen Naymola, Director of Community Planning & Development for the U.S. Department of Housing & Urban Development; joined Jersey City Mayor Jerramiah T. Healy; Hudson County Executive Thomas A. DeGise, Ward D Councilman William Gaughan; Jersey City Redevelopment Agency Executive Director Robert Antonicello and other dignitaries from the City’s business, real estate and civic sectors at ceremonies held at the site of the new community located at the intersection of Secaucus Road and Summit Avenue.

The five-story, all-brick elevator building will be constructed to meet LEEDS Silver Certification and will comprise five low-income units, ten moderate-income units and 30 workforce housing units, according to developer Franklin Development Group. There will also be a ground-floor commercial component comprising two retail stores. Anticipated completion is Spring of 2010.

“We’re excited about this project because it not only creates sustainable housing for our residents, but it is also provides quality affordable and workforce housing,” said Jersey City Mayor Jerramiah T. Healy. “Affordable housing is a vital component of building a greater city, and gives all of our residents the ability to achieve their piece of the American Dream.”

Margaret S. Herbermann Manor is the first project of its kind in the Heights section of Jersey City and is a critical component in a ten-year effort to redevelop the area, points out the Jersey City Redevelopment Agency’s Robert Antonicello

“This is the first affordable and workforce housing created in the Heights that’s not dedicated to seniors,” notes Mr. Antonicello. “The project completes what was started over ten years ago with the creation of the Summit Plaza retail development and it represents a continuation of our mission to retain vital workers in Jersey City including postal workers, retail managers, teachers, firefighters, police officers, clerks and others – some of whom commute up to two hours a day. We want to entice people to stay in Jersey City and become involved in the community and neighborhood while also allowing them to spend more quality time with their families.

“That we were able to bring this project on-board now and line up the necessary financing in today’s very difficult economic climate speaks volumes about the people and entities involved, including Franklin Development Group, the City Council and the New Jersey Housing & Mortgage Finance Agency who have all worked tirelessly towards a common goal.”

The new development will be financed by a combination of New Jersey Housing & Mortgage Finance Agency’s “CHOICE” program and M & T Bank. “CHOICE” was conceived to encourage the development of for-sale housing in Smart Growth areas throughout the State. With its focus on home ownership, the program is designed to stabilize targeted neighborhoods and stimulate economic growth.

“We’re proud to continue our long-standing partnership with Jersey City and the various local and state agencies involved in this project which is rising in an area with arguably the greatest need for workforce housing in the City,” notes Paul DeBellis, Sr., President of Franklin Development Group.

“We look forward to reconvening here next spring to celebrate the completion of this development which promises to raise the bar for future affordable housing projects.”
Named after the celebrated physician and advocate for children with disabilities who was born in Jersey City in 1878, Margaret S. Herbermann Manor will comprise four stories of residential condominiums over one floor of parking with one parking space dedicated to each unit. The units will feature approximately 1,100 square feet of living space with two bedrooms, a living room, a dining area and a kitchen. Approximately 50% of the homes will be on one level and the balance will be duplex layouts.
The building will be within walking distance of schools, shopping and transportation.

For more information on Margaret S. Herbermann Manor, please call (973) 345-0800, ext. 133.

NEARLY 400 PEOPLE TURNED OUT FOR THE 40 PARK-SPONSORED “MAGIC OF MORRISTOWN”

Guests enjoyed horse-drawn carriage rides throughout the streets of downtown Morristown.

Guests enjoyed horse-drawn carriage rides throughout the streets of downtown Morristown.

MORRISTOWN, N.J – In a scene further validating Morristown’s wide-spread appeal and defiance of the real estate slowdown that has affected other parts of the state, nearly 400 people turned out recently for a four-hour event to enjoy the area’s charming downtown atmosphere and learn more about its most successful new luxury condominium community.

The crowd of people gathered at the sales center for 40 Park, the upscale residential building rising along the Morristown Green in the center of town, where they enjoyed gourmet food & drinks including chocolate strawberries and truffles from local favorite, Enjou Chocalat. 

A strolling magician dazzled onlookers of all ages with his sleight of hand, while Raven the roving Psychic focused her talents on palms, entertaining guests with fun and light-hearted readings.

Clearly, the highlights of the event were the three horse-drawn carriages which took excited guests through the streets of Morristown, around the famous Green and past 40 Park where they viewed the considerable construction progress of the seven-story building which features 74 luxury condominium homes. 

“It was a remarkable turn-out that spoke volumes about the enormous appeal of Morristown and the continued interest in living in the heart of this downtown setting where numerous cultural attractions, great shops, restaurants and theaters and mass transportation options are all just steps away,” notes Debra Tantleff, a Vice President at Roseland Property Company, which is developing 40 Park in joint venture with Woodmont Properties.  

“The event was a fantastic way to experience that sought-after lifestyle first-hand.”

While many of 40 Park’s buyers were on hand to mingle with their future neighbors, most of the guests were new visitors to the Sales Center who came to learn more about the new residential development.

“There was a heavy flow of people throughout the day as many people stayed for hours while new guests continued to arrive,” notes Tom Jablonski, vice president of sales and marketing at 40 Park.  “The energy was terrific and very positive as everyone seemed to share a common appreciation for the area and our building.”

40 Park features 74 luxury condominium residences, including a wide variety of one-, two- and three-bedroom homes priced from the low-$500,000s to more than $1 million for the Signature Residences and from $1.3 million to $2.2 million for the penthouses.  The penthouses will include extremely large private terraces of up to 1,800 square feet of desirable outdoor space. 

Found throughout the homes, depending on the plan, are such upscale features and appointments as 9’-plus ceiling heights, cherry or walnut  wood floors in living areas, spacious kitchens with granite countertops and KitchenAid® stainless-steel appliances, polished marble floors and countertops with undermount sinks in the master and secondary baths, and balconies with decorative railings and architectural bay windows.

Residents also enjoy a number of private recreational amenities located within the building including the elegantly-designed Park Center which features a lounge area with a fireplace, big screen TV, billiards table and a catering kitchen.  There’s also a fitness center with state-of-the-art cardiovascular and weight-training equipment.

For more information on 40 Park, please call (973-359-0010), or visit the website at www.40park.com.  The community’s Sales Center is open seven days a week from 10 a.m. to 6 p.m. and is located at 20 South Street, Morristown, NJ 07960.

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W Hoboken Opens in Grand Fashion

daily-news
Friday, May 1, 2009

With its shining bright red logo light that it’s said you can see
from outer space, the W Hoboken opened in grand fashion last Thursday. The hotel’s opening-night bash featured Jamie Foxx singing to a crowd of 1,400 that included Shanon Doherty and Tyson Beckford.

On the design side, the 25-story mini-tower includes a double-height entry way and several adult fun houses. The highlight might be the Chandelier Room, a nightclub with an outside deck staring at the New York City skyline, it’s so vivid, you don’t think it’s real.

Executives for W Hotel’s parent company, Starwood, keep rolling out properties and new brands. Amid a lawsuit against Hilton, where former W bigwigs are charged with corporate espionage, Starwood plans opening 28 W properties over three years.

“Our people are so focused on branding, they feed off creative tension,” says Frits van Paasschen, Starwood CEO, who speaks five languages. “This is a resilient, confident brand that knows how to create memorable experiences.”

The parties don’t stop for the hotel’s developers, either. This
weekend, David and Michael Barry, who own the Hoboken-based Applied Development Co. and Ironstate Development, open Bungalow, a boutique hotel in Long Branch, N J. The brother pair are also working on the W Marrakesh. which is set to open in January, 2011.

barrys-beckford    Photo: Emily Schlipf

NEW SALES RECORDED AT CRESCENT COURT IN DOWNTOWN JERSEY CITY

crescent-courtyard-2Luxury Condo Building Surpasses 50% Sold

JERSEY CITY, NJ – While location will always play a critical role in the decision to purchase a home, value has taken on a new level of importance as today’s buyers are more focused than ever on receiving the most bang for their hard-earned buck.

At Crescent Court, both requirements are being met as aggressive pricing starting in the low-$300,000, enclosed parking at no extra cost, expansive condominium homes and a convenient downtown Jersey City location have caught the attention of today’s discerning buyers.

As a result, more than 50% of Crescent Court’s 54 homes have now been sold, according to The Matzel and Mumford Organization, which is developing the distinctive new four-story building at the intersection of Merseles and 2nd Street just a few short blocks from the area’s mass transportation options and dynamic restaurants, shops and cultural attractions.

“We’re in the midst of a truly historic real estate market where excess is a luxury of the past,” notes Glenn Ward, Vice President of Sales and Marketing for Matzel and Mumford. “Today’s buyers demand value, and the higher concentration of activity is occurring at lower price points where buyers are less leveraged, have a better chance of receiving financing, and feel more confident in their purchase. At Crescent Court, we’re able to deliver a newly-built residence with an expansive floorplan, upscale finishes and appointments, private outdoor space and enclosed parking — a $20 to $30,000 value compared with condominiums that charge extra – for just over $300,000. Combined with today’s low interest rates, that’s a compelling opportunity that is clearly gaining traction with buyers.”

Crescent Court’s impressive one- and two-bedroom residences range in size from 863 to 1,916 square feet of living space priced from the low-$300,000 – which includes one enclosed parking space.

Residences boast such upscale amenities and finishes as hardwood flooring throughout the living and kitchen areas, contemporary kitchens with granite countertops and breakfast bars, GE Profile Architect Series stainless steel appliances, sumptuous master baths with designer selected ceramic tile with solid surface vanity tops, sleek frameless shower doors and soaking tubs (per plan).

Crescent Court’s private parking garage offers direct access to the building with an elevator that opens to the professionally decorated lobby and common hallways.

The community’s central focal point will be its heavily landscaped rear terrace courtyard located at the lobby level. The outdoor common amenity has been designed to offer residents a private retreat within an urban setting.
Crescent Court’s location will provide easy access to Jersey City’s historic and vibrant downtown districts, as well as numerous public transportation options including PATH and Ferry Service to Manhattan. The New Jersey Turnpike is also close at hand, bringing the Garden State’s business and recreational pursuits within easy reach.

Surrounded by museums and art galleries, historic buildings and over 1,500 acres of parks and open spaces – including Liberty State Park, an 1,122-acre public park hugging New York Harbor and facing downtown Manhattan — residents of Crescent Court will find no shortage of recreational and cultural attractions.

There’s also an endless array of dining options, not to mention a full offering of neighborhood bars, pubs and cafes.
For more information on Crescent Court or to schedule a Hard Hat Tour, please call 201-222-2745 or visit http://www.mmhomes.com/crescentcourt.
Matzel & Mumford is a K. Hovnanian Company.
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GARDEN COMMERCIAL PROPERTIES SECURES TWO LEASES TOTALING 14,000 SQUARE FEET AT BAYSHORE PLAZA IN HAZLET

Garden Commercial Properties Bayshore Plaza in Hazlet, N.J.

Garden Commercial Properties Bayshore Plaza in Hazlet, N.J.

Super Foodtown Set To Open Shortly At The 163,000 Square-Foot Retail Center

HAZLET, N.J. – Garden Commercial Properties continues to record leasing activity and development progress at its shopping and commercial centers throughout New Jersey.

The Short Hills, N.J.-based developer recently signed two leases totaling 14,000 square feet at Bayshore Plaza, a 163,000 square-foot open-air retail complex in Monmouth County, N.J.’s Hazlet Township. Joining current tenants such as Staples, Party City, McDonalds, STS Tire & Auto Center and Childrenswear Centre will be Pet Supplies Plus which signed a 9,200 square-foot lease and Bethany Wines and Liquors which has reserved 4,800 square-feet of space.

What’s more, Garden Commercial Properties is now putting the finishing touches on a 56,000 square-foot Super Foodtown at Bayshore Plaza scheduled to open shortly. The completion of the supermarket will signify the end of a renovation effort at the retail complex which included storefront and interior improvements and upgrades to parking areas and lighting.

“With an established roster of well-known local and national stores, Bayshore Plaza is one of the most recognizable retail addresses for consumers along Route 35,” says Michael Gartenberg, Director of Leasing for the Short Hills, N.J. –based Garden Commercial Properties.

“The addition of Pet Supplies Plus, Bethany Wine and Liquors and Super Foodtown will only strengthen the consumer choices available here and provide a stress-free, one-stop shopping experience. The renovation efforts have gone a long way towards modernizing and making Bayshore Plaza a first-class shopping center with great visibility.”

Bayshore Plaza is located at the intersection of Route 35 and Hazlet Avenue and is accessible from roadways such as Routes 34, 35, 36, and the Garden State Parkway.

There is currently a limited amount of retail space available at Bayshore Plaza. For additional information on leasing opportunities, please call 973-467-5000 or visit http://www.gardencommercial.com.

A subsidiary of Garden Homes, Garden Commercial Properties is a privately
held development company based in Short Hills, New Jersey that boasts over 50 years of commercial and residential development experience.
Garden Commercial owns and manages a portfolio in excess of 25 million square feet of retail and commercial space, ranking it in the top 20 in the United States according to leading industry surveys.
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Time Running Out to Purchase at Reduced Pricing at Kalian’s Carriage Park at Lawrence

Carriage Park at Lawrence

Carriage Park at Lawrence

LAWRENCE, N.J. –Time is running out to purchase an elegantly-designed condominium home at significant savings at Carriage Park at Lawrence, the collection of 210 active adult residences rising in this Mercer County Township, just minutes from downtown Princeton.

Strong buyer activity throughout the winter and spring has left just a limited number of condominiums priced from an amazing $139,900 available for sale and a price increase is expected once these residences are sold, according to its developer The Kalian Companies.

“Interest in Carriage Park at Lawrence has been on a dramatic climb since we introduced this reduced pricing structure last fall,” says Alton Evans, Kalian’s Vice President of Sales and Marketing. “However, we could only offer this special pricing on a select number of homes and now that inventory is dwindling.

“What’s more, as the housing market begins to recover, we anticipate home prices will increase across the board. Once these homes are gone, they are gone, meaning prospects are encouraged to act quickly if they want to add significant value to their new home by purchasing at a price rarely found in today’s market.”

Carriage Park at Lawrence features a mix of 17 different one- and two-bedroom floor plans offering up to 1,646 sq.-ft. of living space and featuring a host of distinctive architectural elements and amenities.

Homeowners at Carriage Park at Lawrence benefit from living in a neighborhood designed to foster social interaction through its on-site amenities and activities. For example, residents at the community are now gearing up for the annual opening celebration of the sparkling outdoor pool this Memorial Day weekend. Situated just steps from their front door, the pool has emerged as one of the most popular amenities at Carriage Park at Lawrence and has become the perfect destination for “fun in the sun” with neighbors.

The activities don’t end there. Residents are always eager to use the terrace which surrounds the pool and walking trail which bends along the community’s tree line and makes for a wonderful casual stroll around the neighborhood. In the future, two bocce courts, horseshoe courts, shuffleboard courts and a “free play” lawn area with a central gazebo and two brick courtyards will be completed as well.

Inside, there’s the professionally-decorated, 7,100-plus square-foot clubhouse which features a fitness center, great room, formal lobby, library and kitchen facilities. A billiard room, card room and craft room will be added as well.

The worry-free lifestyle offered at Carriage Park at Lawrence enables homeowners even more time to embrace the many recreational facilities. Residents here no longer have to be concerned with the daily hassle of lawn maintenance, exterior repairs and more. The maintenance-free environment at Carriage Park at Lawrence has proven to be ideal for snowbirds and empty-nesters who want to spend their time up north in a location that’s close to family and friends.

“We’ve attracted a number of retirees who relocated to Florida or other warmer climate locales but wanted to have a place to come back to, near their children and grandchildren,” notes Mr. Evans. “In a number of cases, it’s been the children who have selected the community for their parents, particularly families living in Princeton and the surrounding area.”

Conveniently located a short trip from downtown Princeton, Carriage Park at Lawrence is surrounded by a network of transportation options, including Interstates 95 and 295 and Route 1. The Princeton Junction and Hamilton Train Stations are also both just minutes away.

For additional information on Carriage Park at Lawrence, please call 1-866-482-4400 or 609-883-2144 http://www.kalian.com. To visit, take Rt. 1 south past Princeton and Interstate 295 until you come to the split for Rt. 1 Express and Rt. 1 Business. Keep right onto Route 1 Business. Go to the first traffic light and turn right onto Darrah Lane. Proceed about 800 ft. to the entrance on the right. It’s just before the Lawrence Senior Center. The clubhouse is the first building on the right.
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David and Michael Barry of Ironstate Development Join Partners SK Properties and Jersey City Mayor Jerramiah T. Healy to Celebrate Vertical Construction of 225 Grand in Downtown Jersey City

From Left: Michael Barry, Principal of Ironstate Development; Jonathan Kushner, Principal of SK Properties; David Barry, President of Ironstate Development; Jerramiah T. Healy, Mayor of Jersey City; Jeff Persky, Principal of SK Properties; and Murray Kushner, Principal of SK Properties
From Left: Michael Barry, Principal of Ironstate Development; Jonathan Kushner, Principal of SK Properties; David Barry, President of Ironstate Development; Jerramiah T. Healy, Mayor of Jersey City; Jeff Persky, Principal of SK Properties; and Murray Kushner, Principal of SK Properties

State officials joined developers David Barry and Michael Barry of Ironstate Development and Jonathan Kushner and Jeff Persky of SK Properties for ceremonies celebrating the vertical construction of 225 Grand, a new 15-story luxury rental building featuring 348 residences and 1,700 square feet of retail space rising in downtown Jersey City. Leasing for the studios, one-and two-bedroom residences will begin in summer 2010.

STRONG START TO VIP OPENING AT MOUNTAIN RIDGE AT PANTHER VALLEY

Mountain Ridge at Panther Valley

Mountain Ridge at Panther Valley

ALLAMUCHY, N.J. –- The early response to Mountain Ridge at Panther Valley has been tremendous. Early homebuyers who have scheduled their VIP appointments and visited the new townhome community have left extremely impressed by what they’ve seen at the collection 324 suburban residences rising in this gated Allamuchy, N.J. neighborhood.

First-time buyers, young couples and growing families are incredibly pleased to discover the American Dream of homeownership is right at their fingertips at Mountain Ridge thanks to competitive pricing from the mid-$200,000s and friendly financing offered by the Federal Housing Administration (FHA) that requires only 3.5% down for qualified buyers, according to Baker Residential, which is developing the neighborhood in an exclusive Warren County, N.J. location.

Interested prospects can still take part in the preview opening and get an advanced look at the imaginative three-bedroom homes which boast 2.5 baths and one-or two-car garages Mountain Ridge prior to its public grand opening shortly. To register as a VIP Buyer, please visit http://Town.HomesAtMtnRidge.com or call 908-852-0016.

“We just started scheduling VIP appointments last week and have already had many excited buyers visit our sales center to get an up close look at this remarkable new community,” says Barbara Cohen, Sales Representative for Mountain Ridge at Panther Valley, which will be FHA approved. “They are very anxious to learn more about the value-packed residences and lifestyle offered here and how they can take advantage of the many benefits of homeownership.

“Judging by the initial response, we expect a busy preview sales period as we build up to our official opening in a few short weeks.”

Mountain Ridge at Panther Valley presents a perfect buying opportunity for those looking to purchase their first home and move up from smaller apartments or condominiums and purchase a spacious, well-conceptualized home in a beautiful suburban neighborhood. In addition to the friendly FHA financing packages that require only a 3.5% downpayment, historically low interest rates make a new lifestyle at Mountain Ridge at Panther Valley well within the first-time homebuyer’s budget.

Homes at Mountain Ridge have been designed to reflect the natural beauty of Panther Valley, which is defined by rolling hills and heavily-wooded terrain. Each townhome building will combine design elements with country-inspired details to create streetscapes of enormous grace and flair.

“Our unique location at the top of a mountain provides panoramic views of the surrounding countryside to strengthen the tranquil, small-town environment,” says Ms. Cohen.

Residences will boast designer interior appointments such as walk-in closets, gourmet kitchens and full finished basements which are included in the purchase price.
Situated within the gates of the exclusive Panther Valley neighborhood, the community will feature elegant townhome residences in an intimate, private setting enhanced by the picturesque natural backdrop of northwest New Jersey. The striking new community will be a part of Panther Valley and enjoy all of its world-class recreational amenities, creating a unique living experience that that can only be found in the rolling hills of Warren County.

“Located in the heart of the scenic New Jersey Skylands, Mountain Ridge will incorporate all that makes suburban living so special at a price today’s homebuyer can afford,” Ms. Cohen points out.

“With its well-planned and expansive living spaces, low-maintenance lifestyle, five-star amenities and sought-after location, this remarkable community will offer something for everyone, whether it’s young professionals or growing families or empty-nesters looking to downsize from larger single-family homes and a enjoy worry-free environment.”
The elegance and sophistication of Mountain Ridge is further enhanced by its superb amenities, most of which are already open and functioning. As part of the Panther Valley neighborhood, residents will have access to two sparkling lakes, two beautiful pools with a third to come, a wealth of tennis courts and the 18-hole Panther Valley Golf & Country Club located within the gated Panther Valley community and available on a membership-only basis.

Mountain Ridge homeowners will also appreciate the community’s convenient location which offers a quick trip from the array of business, cultural and entertainment opportunities throughout northern New Jersey and beyond. The community will be located in close proximity to a several major highways, including Routes 80, 287 and 78.

“If its outdoor recreation they seek, Mountain Ridge is in the heart of one of New Jersey’s natural havens,” Ms. Cohen indicates. “The community lies in the shadows of the Allamuchy and Stephens Mountains, while the 70,000-acre Delaware Water Gap is nearby where fishing, boating, camping, kayaking and more can be found.

“The resorts, casinos and skiing of the famed Pocono Mountains are also just a short drive away. Within the Township, residents will find the scenic Pequest and Musconetcong Rivers, as well as several township parks and nature trails.”

Shopping, fine dining and entertainment are also close at hand at the Rockaway Townsquare Mall which features several national retailers and department stores. Local shops and boutiques can also be found in nearby historic downtown Morristown and Parsipanny.

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