USDA GUARANTEED LOANS OPEN DOOR TO HOMEOWNERSHIP AT WARREN HEIGHTS

LOPATCONG, N.J. – First-time homebuyers and former renters are pleased to discover financing is available at Larken Associates’ Warren Heights in Lopatcong Township through secured loan programs offered by the United States Department of Agriculture (USDA) that open the door to homeownership.

The suburban Warren County neighborhood qualifies for the guaranteed rural housing loan program offered by USDA Rural Development which features 100% financing and requires little or no down payment for qualified buyers. To be eligible for a USDA guaranteed home loan, prospects must meet statutory income limits. Loans are processed locally through Warren Heights’ preferred mortgage lender.

The safe and friendly program eliminates much of the concern young single professionals and couples may have about obtaining a home mortgage with reasonable down payments and allowed many to achieve their “American Dream” at the collection of condominium homes with attractive monthly mortgage payments.

“With news buzzing about uncertainties in the mortgage and housing markets, there are a considerable number of people who want to purchase a home, but feel they wouldn’t be able to secure the financing necessary,” says Marilyn Cornelia, Larken’s Director of Sales and Marketing. “However, that’s not the case.

“USDA financing programs were created to provide first-time buyers and others who may not be able to obtain a conventional loan a tool to receive financing needed to purchase a home. That still holds true today and these guaranteed loans are allowing more individuals and families to become homeowners and receive all its benefits. When combined with the affordable prices of our one-bedroom condominiums and already low interest rates, the USDA loan program is making ownership a popular alternative with monthly mortgage payments similar to what many are now paying in rent.”

Warren Heights offers elegantly-designed condominium homes for buyers of all ages. Value-packed homes are priced from just $169,990 with special incentive pricing on certain models. Warren Heights features one-bedroom condominium homes with bonus rooms or two-bedroom residences with gourmet kitchens, formal living and dining rooms and master bedrooms offering master bathroom suites, a walk-in closet and attached sitting room.

“There’s also standard California Closets in the master bedrooms in all one-bedroom homes and bonus electric fireplaces in all homes,” Ms. Cornelia says, “and all condominium residences include an additional private basement storage area in the purchase price.”

The expansive and comfortable condominium homes at Warren Heights are complimented by an activity-rich lifestyle and low maintenance environment. The community boasts a comprehensive on-site amenity package which includes a clubhouse, two fitness centers, a magnificent outdoor pool, health club, basketball courts, a children’s tot lot, walking and biking trails, a gazebo, putting green, dog run and garden plots.

There’s also everyday necessities such as upscale eateries, retail outlets and professional offices adjacent to the community at Stryker’s Crossing and Stryker’s Plaza — a shopping center and medical and professional building developed in conjunction with Warren Heights.

A 1,845 square foot convenient store and 2,128 square-foot Italian restaurant are now available for lease at Stryker’s Crossing. The units can also be built out for other uses. The complex currently features an Edward Jones Investment, MC Consulting, CC Nail Place, Inc., Warren Hospital, Prestigious Dry Cleaners and Laundry, Wild Tans, The #1 China Restaurant, Sign Expressions, Skylands Community Bank, and UPS Store. A Busy Bee Child-Care center and Village Medical — a full-service medical facility — are located at Stryker’s Plaza.

Situated within the renowned Skylands region, Warren Heights is minutes from the many outdoor recreational activities that make living in northwest New Jersey so special. This is especially true during the summer season, where an array of activities can be found throughout the entire region.
Highlighting the area’s many outdoor facilities is the 70,000-acre Delaware Water Gap where a myriad of activities — ranging from hiking, river adventures and camping to live jazz concerts, museums and historic tours — are available.

“Additional cultural, recreational and social facilities are also abundant,” Ms. Cornelia points out. “For family entertainment, Dorney Park Wildwater Kingdom and Hershey Park in Pennsylvania are just a quick trip away.”

Warren Heights’ commuter-friendly location makes traveling a breeze. The neighborhood is minutes from major highways including Routes 287, 22 and 46 and Interstates 78 and 80 which whisk commuters into northern and central New Jersey.

For additional information on Warren Heights, please call (908) 387-0700 or visit http://www.larkenassociates.com. The Warren Heights’ sales office is open from Monday to Friday from 12 p.m. to 5 p.m. and weekends from 11 a.m. to 5 p.m. To visit: Take Route 78 West to Exit 3. Proceed 2 mile to third traffic light and turn right onto Route 519. Go approximately 1-1/2 miles to traffic light and turn left onto Route 57. Proceed approximately one mile and turn right onto Stryker Lane. Warren Heights is on your left, follow signs to the sales office.

MANHATTANITES PURCHASE PENTHOUSE HOME
AT THE CLASSIC AT KEW GARDENS

Three-Bedroom Residence the Largest in the New Queens Condominium

KEW GARDENS, QUEENS. – The Kamali Organization has announced the sale of a two-story penthouse at The Classic at Kew Gardens, the new collection of 52 luxury condominium homes located in this sought-after Queens, NY neighborhood.

The fifth-floor penthouse — the largest home in the distinctive six-story building — features 1,385 square feet of living space with three bedrooms, three baths and four terraces offering 561 square feet of outdoor space.

According to The Marketing Directors, Inc., the building’s marketing and exclusive sales agent, the home sold for $850,000.

“The Classic continues to gain traction with buyers from throughout New York City who recognize the extraordinary value offered here,” notes Jackie Kamali, a principal of the development firm that bears his name.

“We’re gaining a competitive edge in the marketplace thanks to our combination of exciting floor plans, upscale amenities and a desirable location in the heart of Kew Gardens with easy access to Manhattan. Buyers also appreciate The Classic’s 15-year tax abatement which enhances the value even more.”

The penthouse was sold to current Manhattanites who are leaving their Park Avenue South apartment for The Classic.

“Our buyers were attracted to the home’s two-story layout and numerous custom appointments – including an expansive skylight which helps flood the home in natural light,” notes Jacqueline Urgo, President of The Marketing Directors, Inc. “The four terraces were also a hot selling point as they provide opportunities for extending the living experience outdoors.”

The Classic at Kew Gardens perfectly blends old world charm with modern amenities due to a unique architectural design that combines four newly added floors with two existing levels that all pay homage to the English Colonial design commonly found in Kew Gardens. Prices for the condominium homes initially begin in the mid-$300,000s. The first homeowners will begin moving in this spring.

Manhattan-style amenities and services include The Classic Club which features a fitness center with state-of-the-art equipment, a children’s playroom and an exquisitely decorated social lounge with a catering kitchen, dining room, game table and a large plasma TV. There’s also The Salon, a relaxed setting for reading the newspaper or utilizing the available wireless capabilities, as well as complimentary bike storage, available personal storage, and an attended indoor garage.

“Elegance and sophistication are personified in The Classic’s exquisite attended lobby which was designed by the renowned interior designer Amir Khamneipur Design and boasts Tao Ci Botticino diagonally laid flooring with a coco colored border and walls covered in custom leather panels with recessed lighting,” notes Ms. Urgo. “A doorman will be on hand to greet residents when they arrive home and assist with package deliveries and more.”

The elegant condominium residences at The Classic combine stylish interiors with an abundance of private outdoor space. The homes offer from 574 to 1,385 square feet of luxury living space, along with a considerable array of high-end amenities and finishes.

The homes feature carefully-selected custom appointments, including gourmet kitchens with Aquamarina granite countertops, espresso-colored cabinetry, and GE® Profile appliances. Lavish master baths feature Calacutta marble counters, Tao Ci porcelain tile floors and showers, glass enclosed shower stalls and Kohler fixtures. Many of the homes also boast considerable outdoor space ranging from unique windowed loggias to expansive terraces.

The Classic is located in the heart of a neighborhood that offers the allure and privacy of a genteel, suburban environment, yet is within easy reach of the modern conveniences and amenities of a cosmopolitan City.

“Kew Gardens is only minutes from Manhattan, yet has retained the same charm and character of an old fashioned neighborhood,” adds Ms. Urgo. “The area is extremely pedestrian-friendly with an abundance of shopping, entertainment and cultural opportunities to reduce the need to travel by car. What’s more, The Classic’s commuter-friendly location on Kew Gardens Road just minutes from the E and the F subway lines, the Long Island Railroad and the Grand Central, Van Wyck and Jackie Robinson Parkway brings all that New York City has to offer close to home.”

For additional information on The Classic at Kew Gardens, please call
(718) 805-3800 or visit http://www.classickewgardens.com. The onsite sales center is located at 83-30 Kew Gardens Road, Kew Gardens, New York.

The Kamali Organization is a premier, family-owned real estate development firm specializing in luxury multifamily residential communities throughout Queens, NY. The principals are known for their meticulous attention to detail, visiting every project every day. The developments all share one common denominator: a high degree of quality, inspiring finishes and a keen focus on unique and compelling design.
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THE MARKETING DIRECTORS CONTINUES AWARD-WINNING TRADITION; EARNS 23 NATIONAL AWARDS FOR SALES & MARKETING EXCELLENCE

CEO Adrienne Albert to be Inducted Into NAHB Hall of Fame
as a “Legend of Residential Marketing”

NEW YORK, NY. — The Marketing Directors, Inc. has swept the 2009 Nationals SM as the Manhattan-based company has earned an impressive 23 awards from the National Association of Homebuilders (NAHB) recognizing the firm’s outstanding achievements in the industry.

The awards were announced by the NAHB’s Sales and Marketing Council (NSMC) which oversees The NationalsSM, the nation’s largest and most prestigious awards competition for new home sales and marketing professionals.

Award winners were selected from a field of more than 1,200 entries by a panel of industry professionals from across the country. The Marketing Directors’ 23 top awards for their region will now be in the running for National Gold Awards which will be announced at the 28th annual Nationals Gala, to be held on January 20th at Caesars Palace in Las Vegas.

“Year after year our talented team of professionals shines and is recognized as the very best in the industry,” notes Adrienne Albert, CEO of The Marketing Directors, which specializes in the marketing and sales/rentals of high density developments throughout the country.

“It’s especially gratifying during this challenging time which demands experience, innovation and leadership to achieve positive results for our clients. These awards are strong testaments to our ability to do just that.”

Highlighting the award-winning night in Las Vegas will be the induction of Adrienne Albert into the NAHB Hall of Fame as a Legend of Residential Marketing — the first woman to receive the prestigious honor. Legend awards are presented to building and marketing professionals who stand apart as giants in the new home marketing field.

Ms. Albert is nationally recognized as one of the foremost marketing and sales experts in residential real estate and is personally responsible for the marketing and sales of over $29 billion in residential sales. She is widely acknowledged as the visionary in real estate marketing and sales, constantly bringing new innovations to the industry.

The top project awards for The Marketing Directors includes Attached Community of the Year, Best Marketing Campaign for a Green Built Community, Best Brochure, Best Color Advertisement and Best Attached Home Plan for Visionaire, a “Green” residential building rising in Battery Park City; Best Graphic Continuity, Best Black & White Advertisement and Best Website for a Community for Platinum, a luxury condominium building in the heart of Times Square; Best Brochure for a Community for The Setai, a collection of luxury condominiums in downtown Manhattan; Best Brochure for a Community and Best Black & White Advertisement for Palmer Hill, a new collection of luxury townhomes and single-level condominiums ideally situated where Old Greenwich meets Stamford in Connecticut; Best Black & White Advertisement for Kalahari, a striking new building featuring state-of-the-art “green” residences in Harlem; and Best on the Boards Logo for Hudson Harbor, a new luxury development in Tarrytown, NY.

Individual Marketing Directors professionals singled out with awards include Martin Brady for Sales Manager of the Year; Eugene Cricco, Ella Quiban and Richard Sackman for Sales Person of the Year; Brandon Ochs & Cheryl Byrne for Rookie Sales Person of the Year; and Sales Team of the Year for the teams at Visionaire, The Setai, 50 Columbus (luxury rentals in Jersey City, NJ), and Gull’s Cove (luxury condominium development in Jersey City, NJ).

The NationalsSM – which originated as the MIRM Awards in 1982 – recognizes superior new home sales and marketing achievements. The nation’s largest competition, The Nationals’SM awards ceremony is held each year as part of the National Association of Home Builders (NAHB) annual International Builders’ Show (IBS).

About the Marketing Directors
The Marketing Directors is a full service marketing and sales/rental organization specializing in new homes and recognized as a national leader in high density residential development serving many of the industry’s most prominent developers across the United States and Canada since 1980. The company is led by founder Adrienne Albert, who will be inducted into the NAHB Hall of Fame as a Legend in Residential Marketing in 2009. David Tufts leads The Marketing Directors, SE formed in 2007. Jacqueline Urgo leads the NE operation. The Marketing Directors presently represents condominium developers in markets such as New York, New Jersey, Connecticut, Georgia, Florida, Alabama and North Carolina. The company has conducted over $60 billion in home sales.

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