Quarter Of Homes Pre-Sold In Three Months
JERSEY CITY, N.J. 12/14/06
The city’s modern, glass and steel skyline has rapidly evolved over the past 20 years. Major corporations are streaming into its state-of-the-art facilities, and small businesses are warmly welcomed in “Business Improvement Districts.”
It isn’t New York. It’s Jersey City, New Jersey, where Pinnacle Downtown’s new luxury condominium community, Mandalay on the Hudson, takes advantage of the best of the Gold Coast.
Mandalay on Hudson’s 25-story tower houses 269 units directly on the Hudson River’s western bank, providing both breathtaking views of the New York skyline and easy access to the city, with the PATH train and two ferries within a block.
But you don’t have to leave the Garden State for jobs, shopping or culture. Jersey City’s dramatically revitalized downtown, complete with trendy restaurants and clubs, is only three blocks away. The nearby Newport Centre Mall offers 140 businesses and stores. New Jersey Transit’s Hudson-Bergen Light Rail station lies at Mandalay’s doorstep, offering train service to Hoboken, Bayonne and other cities along New Jersey’s dynamic Gold Coast.
“The renaissance of Jersey City has been truly remarkable,” said Mary Boorman, Pinnacle’s senior vice president of marketing and strategic planning. “Many buyers are now choosing the Gold Coast over Manhattan because it offers the same vibrant culture and career opportunities, but at a far more affordable price.”
One-, two- and three-bedroom homes are being offered at prices starting in the low $400,000s. Two-bedroom homes with phenomenal views of Manhattan and the river can be purchased from the low $700,000 price range, and one-bedroom homes in similar locations start in the low $500,000’s. More than one fourth of homes at Mandalay on the Hudson have been pre-sold, achieving Pinnacle’s initial sales goal in just three months. Closings for the units began at the end of October, so nearly immediate occupancy is now available.
All of the homes have opulent design features including hardwood floors in the living room, dining area and kitchen. A kitchen and bathroom upgrade package, which includes stainless steel appliances, European-style cabinetry and granite countertops, is available.
Mandalay features a heated outdoor pool on the Hudson waterfront, which is surrounded by gardens, picnic and barbeque areas and set against a backdrop of the stunning Manhattan skyline. The pool is accessible from the Resident’s Club, which is perfect for special events or smaller gatherings to watch sports on the plasma screen in front of the fireplace. Another popular feature is the convenience of a 24-hour concierge and valet service for dry cleaning and repairs. Residents also have access to a fully equipped fitness and exercise area. There is an outdoor playground for children and a boardwalk that runs along the riverfront, which surrounds the perimeter of the community and is ideal for walkers and joggers alike.
In addition to Mandalay’s easy access to mass transportation, the purchase price includes a garage parking space. New Jersey’s highways are a short distance from the property and Liberty International Airport in Newark is 20 minutes away.
For more information, visit the new sales center at 20 Second St., Jersey City; call a sales representative at (866) OWN MANDALAY; or visit the Web site at www.mandalayonthehudson.com. The sales office is open from 10 a. m. to 5 p. m. during the week, 11 a.m. to 5 p. m. on weekends. Customers should ask about our exciting mortgage program.
The Pinnacle Companies, which includes Pinnacle Communities, Pinnacle Custom and Pinnacle Downtown, is among the most respected real estate development and investment companies in the industry. Pinnacle has recently completed an Extreme Makeover for ABC television in the town of Bergenfield, which aired as the pre-season premiere this fall. The award-winning company has built an enviable reputation in the sale and rental of luxury, active adult and custom housing, as well as the office, retail, and mixed-use markets. Since the company’s founding in 1984, Pinnacle has built in excess of 3,000 luxury attached and detached homes as well as several million square feet of commercial space. Pinnacle’s innovative approach to development and creative problem-solving abilities are qualities that continually position Pinnacle as “what’s next” in the real estate market.
For more information on Pinnacle, visit www.pinnaclecompanies.net or contact the company’s Chatham headquarters at 973-379-1900.
©2008 Aurora. All rights reserved. Aurora Development PartnersLLC. Pursuant to N.J.A.C. 5:26-10.3, the purpose of this advertisement is to solicit non-binding reservations. The non-binding reservation is not a contract and may be cancelled by the prospective purchaser at any time without cause, and in the event of cancellation the prospective purchaser shall receive a full refund of the deposit from the developer.