Penthouse Homes at Trio Provide a Golden Opportunity for Empty-Nesters Looking to Downsize into Luxury

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INTERIOR OF MODEL PENTHOUSE AT TRIO

Trio, a full-service luxury condo building in Palisades Park, offers exactly the type of incredible location, upscale homes and maintenance-free environment that many empty-nesters and Baby Boomers looking to downsize from their older single-family homes but still wish to remain in Bergen County seek.

Particularly appealing to this buyer segment is the collection of Penthouses at Trio which are ideal for those looking for a high level of luxury, magnificent views and in-building access to world-class amenities, while eliminating the worry and stress associated with the constant upkeep of a detached home, according to The Marketing Directors, exclusive sales and marketing agent for Trio.

Situated on the top floors of the two nine-story buildings with prices starting at just $595,000, the Penthouses at Trio feature five distinctive two- and three-bedroom floorplans with desired elements such as separate kitchen and dining areas, two-and-a-half to three bathrooms, spacious master bedroom suites with walk-in closets and designer kitchens.  Floor-to-ceiling windows bathe the homes in natural light, while hardwood floors, granite countertops, stainless steel appliances, marble floors and custom cabinetry add style and detail to every corner.

Some of the Penthouses offer spectacular New York City skyline views, while others feature spanning vistas of the western-facing landscape.   Continue reading

SALES LAUNCH AT AVORA AT PORT IMPERIAL

avoravia RESIDENT magazine – With demand for new high-end condominiums with proximity to Manhattan on the rise, Landsea has launched sales for Avora, an 11-story, amenity-rich building on Weehawken, NJ’s Hudson River waterfront with unparalleled views of the midtown Manhattan skyline. Ideally located just steps from the Port Imperial Ferry Terminal — which provides an ultra-convenient 8-minute commute into New York City – Avora features 184 premium one-, two- and three-bedroom condominium homes, as well as a limited offering of duplex Penthouses. Homes are pre-construction priced from the $800,000’s to more than $4 million, with initial occupancy anticipated for first quarter, 2018.

“The appeal of the New Jersey Gold Coast continues to grow, particularly in Weehawken as buyers are drawn to its quality of life in terms of a waterfront setting, commuter convenience, urban/suburban attributes and significant value,” said Gabe Pasquale, Senior Vice President of Sales and Marketing for Landsea, which is developing Avora. “With Manhattan prices continuing to escalate, the Hudson Yards poised to transform the West Side into a major economic hub, strong international recognition of the area, and an over-inflated rental market, Avora will tap into the considerable interest of an under-served segment of the marketplace.”

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Homebuyers Invest in their Future at Trio Condominiums in Palisades Park

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MODEL PENTHOUSE UNIT AT TRIO IN PALISADES PARK.

PALISADES PARK, NJ – Trio, the upscale condominium in Bergen County’s Palisades Park, is proving to be a popular choice for a new generation of buyers who view their primary residence not only as a home, but also a real estate investment.

While finding the perfect residence and lifestyle still top the list of importance in any new home purchase, the added benefits of appreciation, tax advantages and more are quickly gaining traction.  According to a recent Bankrate.com survey, real estate is the top preferred long-term investment option for many, outpacing traditional assets including cash, the stock market and gold.

The challenge lies in identifying markets where the high home values can be attained.  In areas such as Bergen County, N.J., value-packed purchasing opportunities are few and far between as high demand and a lack of inventory have resulted in escalating prices and created tough competition.

Step in Trio, a premium investment opportunity that combines sought after wishes such as location, schools and quality of life with upscale condominiums priced from a very attractive $475,000.   Adding to the great value that already exists at the full-service buildings are limited time summer incentives, including $30,000 off the price of a two-bedroom condominium home and $50,000 off the price of one of Trio’s spectacular Penthouse residences.  What’s more, every home purchase is being offered with a free parking spot. Continue reading

Brokers Soak in the Fun during “Happy Hour” Event at Trio Condominium Building in Palisades Park

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(Left to Right) Dan Reilly of Prominent Properties Sotheby’s International Realty and Jorge Ledesma broker manager of Re/Max Quality Homes prepare fo a game of pool during a recent broker party at Trio, an upscale condominium community in Palisades Park.

PALISADES PARK, N.J. –  With a quick rack of the billiards table and chalk of the stick, the most recent “Happy Hour” party for Bergen County real estate brokers was underway at Trio in Palisades Park.

The fun-filled event got off to a spirited start with many local agents who’ve already completed sales at the upscale condominium building getting the opportunity to personally enjoy its world-class amenities with a friendly game of pool.  For others, it was their first visit to the full-service high-rise building, providing them an up close look at the active lifestyle and well-appointed homes that have made Trio a preferred choice of the local real estate community.

The festive Happy Hour was held in the building’s resident lounge, which features the billiard table, ping pong, a large screen TV, and catering kitchen.  The modern lounge joins a state-of-the-art fitness center, yoga studio, game room, virtual golf simulator, outdoor terrace and a business center to offer residents at the building an upscale, well-rounded living environment.  Continue reading

Limited Inventory in Bergen County Condo Market Expected to Create Competitive Spring Selling Season

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MODEL PENTHOUSE UNIT AT TRIO IN PALISADES PARK

PALISADES PARK, N.J.– Spring real estate activity in Bergen County is expected to kick off early in 2016 as anxious homebuyers enter the market to take advantage of low interest rates, easier access to financing, and affordable pricing.

The likely surge in activity is expected to strongly affect the new construction condo market where inventory continues to decline and limited purchasing opportunities are available.  This is particularly true on or near Bergen County’s Hudson River waterfront where the majority of new construction activity has been highly concentrated on upscale rental homes.

“We anticipate the spring 2016 condo market will be very competitive, especially in the new construction sector,” says Jacqueline Urgo, President of The Marketing Directors, an exclusive marketing and sales agent active in Bergen County.  “With limited inventory, housing prices will steadily grow and savvy homebuyers will have to act fast to get the best deals available.  We’ve already seen a number of interested prospect visit our sales centers who are qualified and ready to move forward quickly.”

Trio, the upscale high-rise condominium minutes from the George Washington Bridge and the Hudson River waterfront in Palisades Park, is one of The Marketing Directors’ new home communities that has experienced an uptick in buyer interest heading into the spring selling season.  The collection of two-and three-bedroom homes has benefitted from the introduction of special homebuyer incentives that create unmatched value. Continue reading

Ready for their close-up!

There’s certainly no shortage of new residential developments on tap right here in NJ’s “Gold Coast North”.  However, many other cities along New Jersey’s Hudson River also have exciting projects underway.  Here’s a look at two new rental buildings in Hoboken that have recently made the news:

Vine ExteriorIntercontinental Real Estate Corporation and Bijou Properties have announced the launch of Vine, a new 11-story building featuring 135 rental residences located at 900 Monroe Street in Hoboken, NJ.

Hoboken Mayor Dawn Zimmer joined fellow municipal officials, union leaders and development principals for a special ribbon cutting ceremony to celebrate the opening of the building, which is conveniently situated adjacent to the 9th Street Hudson Bergen Light Rail Station.  In addition to the new residences, Vine features 13,500 square feet of street-level retail space, occupied in part by a Daycare Center.  The developers are also creating an adjacent 7,000 square-foot public park.  The overall development will further the City’s vision of a vibrant commuter neighborhood on Hoboken’s western edge.

Continue reading

Special Incentive Program Extended to March 1st at Trio Condominiums in Palisades Park

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TRIO CONDOMINIUMS IN PALISADES PARK, NJ

The popularity of the homebuyer incentives at Trio in Palisades Park has prompted its developer, MWHF Palisades Park, LLC, to extend the special offers until March 1st, 2016.

Interested prospects now have an additional month to take advantage of the incentive program, which includes $30,000 off the price of a two-bedroom condominium home and $50,000 off the price of one of Trio’s spectacular Penthouse residences.  What’s more, every home purchase is being offered with a free parking spot.

“These incentives have quickly captured the attention of buyers looking to save thousands on their new home purchase,” says Honey Hwang, Sales Manager for The Marketing Directors, exclusive marketing and sales agent for Trio.  “As a result, we decided to extend the offers to allow even more prospects to benefit from the opportunity to receive sophisticated condominium living in a full-service high-rise building at an incredible price.” Continue reading

Park + Garden Hits 50% Leased

There’s certainly no shortage of new residential developments on tap right here in NJ’s “Gold Coast North”.  However, many other Cities along New Jersey’s Hudson River also have exciting projects underway.  Here’s a look at a new rental building that has recently made the news:

Bijou Properties and The Marketing Directors are executing one of the most successful leasing programs in the Hudson County market at Park + Garden, a new collection of upscale apartment homes and first-class recreational amenities and services in the Hudson County City of Hoboken.

More than 50% of the 212 luxury residences in the 12-story building have been leased just three months after the property officially opened to the public.  Move-ins are well underway as Park + Garden quickly becomes the signature address along New Jersey’s Hudson River “Gold Coast.”

Designed for LEED® Gold certification, Park + Garden is the third LEED-certified building from locally-based Bijou Properties in uptown Hoboken and boasts innovative, environmentally-sensitive features to minimize its impact on the environment.

“Bijou Properties has a strong reputation for creating trailblazing properties designed to elevate urban settings with high quality homes, community-oriented services and amenities and responsible development practices,” says Jacqueline Urgo, President of The Marketing Directors, the building’s exclusive leasing and marketing agent.  “Park + Garden has set a new standard by delivering a unique lifestyle experience that combines modern design and amenities with eco-friendly features, dedicated common spaces and sponsored neighborhood events.”

Located at 1450 Garden Street on the north end of Hoboken, Park + Garden features a collection of well-appointed one-, two- and three-bedroom residences.  Thoughtfully-designed residences feature high ceilings, oversized windows, walk-in closets, bamboo flooring and kitchens with granite countertops, sleek cabinetry and Energy-star stainless steel appliances.   Select homes boast spectacular views of the Manhattan skyline.  Monthly rents at Park + Garden start at $3,250.  Fully-furnished model homes are available to tour.

A full suite of recreational and social amenities enhance residents’ lifestyles, including an attended lobby, state-of-the art gym, multiple club rooms, courtyards, outdoor pool and landscaped deck, additional laundry facilities, bike storage and a 383-car on-site fully automated parking facility.  Renters also have access to a shared multi-use recreational room/basketball court. Continue reading

Successful Launch of 1200 Avenue at Port Imperial Confirms Demand for Boutique, Waterfront Condominium Living

RENDERING OF 1200 AVENUE AT PORT IMPERIAL

RENDERING OF 1200 AVENUE AT PORT IMPERIAL

Newest Addition to Lennar’s Acclaimed Avenue Collection Features Modern Residences, Upscale Amenities and Manhattan Skyline Views

WEEHAWKEN, NJ – Buyers are snapping up a new offering of luxury condominium residences at Lennar’s 1200 Avenue at Port Imperial, supporting the notion that there is pent-up demand in the area for new condominium homes, particularly in an upscale, boutique setting that also boasts a waterfront location and spectacular Manhattan skyline views.

Lennar launched sales at the new seven-story building last month following the success of 1000 Avenue at Port Imperial, the first property to open in The Avenue Collection on Weehawken, New Jersey’s Hudson River waterfront.  The response has been more of the same as buyers have expressed a healthy appetite for the new offering which features ultra-modern residences, upscale amenities, and a convenient location just steps from New York Waterway’s Port Imperial Ferry Terminal with service to midtown and downtown Manhattan.

“We’re appealing to those who want the feel of a modern, five-star luxury hotel, but in a warm, approachable and intimate setting,” said Craig Klingensmith, division president of Lennar Northeast. “1200 Avenue at Port Imperial delivers that through superior indoor and outdoor amenities, expansive living spaces, a dramatic riverfront ambiance and convenience to Manhattan.”

Lennar fashioned a full suite of private amenities and services to enhance that lifestyle experience, including a grand salon lobby, library lounge, media screening room, children’s playroom, and state-of-the-art fitness center with men’s and women’s locker rooms with sauna and steam showers. On the 7th floor, the Skyline Social Room features a lounge-like space to relax and entertain, where a catering kitchen and bar, multiple gathering areas with fireplaces, sound system and televisions, and an internet lounge are available, all against the backdrop of the New York City skyline.

Outside, a dramatic third-floor landscaped plaza features an expansive open-air amenity space that includes a sun shelf swimming pool, sun deck with outdoor showers, pool house with catering bar and restrooms, open lawn and garden spaces, and fire pit with motorized shade trellis.

Residents of 1200 Avenue at Port Imperial also enjoy concierge services, cold storage facilities, an integrated building security system with controlled access, a bicycle storage room, and an enclosed parking garage with at least one parking space per residence.

Modern elegance extends to the homes as well which are encased in a sleek glass exterior with brick and metal panel accents, designed by renowned Manhattan-based architect Handel Architects, LLP. The property is designed to maximize views, with large windows and private balconies/terraces in most homes. Continue reading

New brokerages open offices to seal deals in Hudson County

Anne Field at The Real Deal looks into the burgeoning broker market in Hudson County in this month’s issue.

2015-06-03_11-19-51Developers aren’t the only real estate players making the most of surging interest in the Gold Coast. Brokers are in on it, too.

Early last year, long-time Hoboken broker Renée Condon opened a Keller Williams Realty franchise there, part of the firm’s plan to launch four offices in total in Hudson County by the end of 2016.

About six months later, Jersey City broker Natalie Miniard partnered with local developer Eyal Shuster Development to open JCity Realty, which now has 11 agents.

And national realtor Douglas Elliman said it’s “considering a bigger move in New Jersey,” specifically to the Gold Coast, according to a spokesperson who would not provide more detail.

“As Manhattan and Brooklyn get more expensive, the demand is only going to grow on the Gold Coast,” said Michael Brand, tri-state regional director for Keller Williams Realty.

Still, it’s far from smooth sailing for New Jersey brokers. The number of brokers in Hudson County has declined by 15 percent to 2,497 over the past five years as the condo market has continued to lag behind rentals. Because condo sales are considerably more lucrative than rentals, many brokers have decided to throw in the towel. Meanwhile, the decrease has been even greater in nearby Essex and Bergen counties, which have more single-family homes and less development. In Essex county, the number dropped 21 percent, to 2,456; in Bergen, there was an 18 percent decline, to 5,902, according to the Department of Banking and Insurance in New Jersey.

But for the most persistent of salespeople, the Gold Coast is proving to hold great promise. Winners there range from real estate professionals who have cornered a productive niche to those leasing a high volume of waterfront rentals or snagging exclusive representation of particular developments. Over the next three to five years, “we see the Gold Coast as being a $2 billion market for us,” said Brand.

Continue to full story at TheRealDeal.com