Jersey City’s Crystal Point Development Dubbed ‘Project of the Year’ by Land Use Group

Crystal Point condos - Jersey City waterfront

The New Jersey District Council of the Urban Land Institute (ULI-NNJ) has named the Jersey City waterfront development Crystal Point its 2010 “Project of the Year.” The high-rise condominium project, along with other winners of ULI-NNJ’s sixth annual Land Use Awards, will be honored at a December reception.

The awards recognize “leadership in the responsible use of land and in creating and sustaining thriving communities,” according to ULI-NNJ chair and Jersey City Redevelopment Agency executive director Robert Antonicello.

“Each of the award winners has taken steps beyond industry norms to advance goals of smart and sustainable development,” he says. “The winners show a commitment to successful development in New Jersey that is also mindful of societal goals.”

Crystal Point sits on 2nd Street at the Hudson River waterfront; the project caused a local stir when its developer, Fisher Development Associates, asked the city to sweeten its tax abatement last year. The City Council narrowly approved the move, which extended Fisher’s abatement an additional 10 years and reduced the percentage of revenue paid by almost half (to 10 percent) for the first five years.

The project’s goal is to “respect and enhance the livability and quality of life in the surrounding neighborhoods,” according to Brian Fisher, a principal of Fisher Development Associates. “[We wanted] to create a waterfront building that would be constructed responsibly, meet the city’s guidelines for the continued redevelopment of its downtown urban waterfront and kept the needs of the community-at-large in mind.”

Another Hudson County project is on the honoree list this year, with the newly opened Union City High School receiving the award for “Special Project of the Year.” Also being honored are Orange-based community developers HANDS, for its work on the Central Valley Redevelopment Arts Area; and Rutgers University dean James Hughes, who will receive the Edward J. Bloustein Award for Exemplary Achievement in Civic Leadership & Outstanding Educator of the Year. ULI-NNJ has not yet named the recipient of this year’s Public Official of the Year.

The cocktail reception honoring all award winners is slated for December 8, at 6 pm; at The Heldrich Hotel in New Brunswick. For more details on the event, click here.
http://www.jerseycityindependent.com…and-use-group/

Crystal Point Does it Again – Wins “Project of the Year”

 

Crystal Point condos - Jersey City waterfront

 

 

JERSEY CITY, NJ — The New Jersey District Council of the Urban Land Institute (ULI-NNJ) has awarded Crystal Point its 2010 “Project of the Year” honor in recognition of the responsible development of the iconic 42-story waterfront condominium building rising on the final piece of developable land directly facing New York City on Jersey City’s Hudson River “Gold Coast.

The award will be presented to developer Fisher Development Associates during the annual Leadership in Land Use Awards this December at the Heldrich Hotel in New Brunswick, N.J.  Previous recipients of this prestigious award include Borgata Hotel Casino and Spa in Atlantic City and Pier Village on the oceanfront in Long Branch.

“The main goal when conceptualizing Crystal Point was to create a waterfront building that would be constructed responsibly, meet the City’s guidelines for the continued redevelopment of its downtown urban waterfront and kept the needs of the community-at-large in mind,” says Brian Fisher, a principal of Fisher Development Associates.  “It’s an honor to receive this award which signifies Crystal Point has achieved its goal to respect and enhance the livability and quality of life in the surrounding neighborhoods.”

“The award winners exemplify ULI’s mission to provide leadership in the responsible use of land and in creating and sustaining thriving communities,” says Robert Antonicello, chair of the ULI-NNJ.  “Each of the award winners has taken steps beyond industry norms to advance goals of smart and sustainable development. The winners show a commitment to successful development in New Jersey that is also mindful of societal goals.”

The ULI “Project of the Year” Award is one of many industry accolades Crystal Point has received.  Earlier this year, Crystal Point received the prestigious Gold Award for “Community of the Year” during the 2010 National Association of Home Builders’ (NAHB) annual International Builders’ Show. Given by the National Sales and Marketing Council (NSMC), the celebrated achievement distinguishes the building as the best new attached home community in North America.

Crystal Point building takes upscale riverfront living on the Hudson River to the next level by providing forever New York City views and a myriad of five-star recreational and social amenities to create a hotel-inspired living environment. Prices for the one, two and three-bedroom residences range start in the mid-$500,000s.

Created by the renowned New York City architectural firm Gruzen Samton LLP, the distinctive design of the landmark Crystal Point building maximizes its unrivaled waterfront location and creates homes with modern, open and furnishable living areas.

“Unlike many high-rise developments which often seem cavernous with long hallways, we split the Crystal Point plan in half with elevators positioned in the middle of the residential floors to create short corridors and provide the building a very intimate feel,” says Jordan Gruzen (FAIA) of Gruzen Samton.  “We utilized multiple façade planes to break the building‘s mass up and ensure that every home had magnificent views.  Each condominium was designed so from the moment the front door of each home is opened one is aware of the views and the light emanating from the water.

“The layouts of the homes themselves often create large square rooms and sprawling living spaces that are open, airy and extremely functional.”

Crystal Point’s superb amenities include the Crystal Spa with a thermal bath, sauna, steam and treatment rooms.  Residents will also enjoy a yoga/aerobics room, state-of-the-art fitness center, lounge with flat screen televisions, game room with billiard and poker tables, children’s play room and a screening room within the Crystal Club.

“An outdoor deck overlooking the Hudson River features a sparkling pool, giant hot tub, private cabanas and lounge chair seating, as well as two BBQs and dining area, fire pits and a children’s play area,” says Adrienne Albert, CEO of The Marketing Directors, Inc., the building’s marketing and exclusive sales agent.  “The building also offers a professional concierge, valet parking and soon a lobby level restaurant.”

Crystal Point features a crystalline-style glass exterior and has been designed to maximize the building’s waterfront setting and views of the ever changing Manhattan skyline.   Inside, one-, two-and three bedroom homes range from 800 to 1,817 square-feet and offer an array of premium finishes.  Interior features include kitchens with Italian Pedini wood and glass cabinetry, sparkling quartzite counters, under-cabinet task lighting, full height pantries, islands with breakfast bars and a full Jenn-Air appliance suite. Residents also benefit from free on-site parking.

Homes at Crystal Point are made even more attractive thanks to a one of a kind, 30-year tax abatement that has been granted to the building which combines with very low common charges to make Crystal Point more affordable to buyers.

Crystal Point is conveniently located between the Paulus Hook and Newport sections of Jersey City and steps from PATH trains at both Exchange Place and Newport with direct access into New York City and a Light Rail station.

From the marketing Directors Inc.

Jersey City’s Trump tower condo sales on the rise | NJ.com

Trump Plaza condos - Jersey City, Downtown

Jersey City’s Trump tower condo sales on the rise | NJ.com.

New Model Residence Unveiled At Trump Plaza Residences in Jersey City – Press Release with Trump Plaza model home image

Trump Plaza's newest model home - Jersey City

Trump Plaza Residences Jersey City has announced the completion of a new two-bedroom model residence at the plush luxury condominium at 88 Morgan St., New Jersey’s tallest residential tower.  The luxury tower was recently featured on a July 25 episode of HGTV’s top-rated design competition show, “HGTV Design Star,” where two teams of finalists were brought on location with each team challenged to design a two-bedroom residence. Inspired by the work created by the show’s finalists for the episode, the marketing and sales team of Trump Plaza Residences Jersey City decided to install a permanent model in one of the two two-bedroom residences used for the show. the 1,182 square-foot two-bedroom, two-bath model is located on the 32nd floor of the elegant property. every room has northeast views of the Empire State Building, which are framed by the Manhattan skyline and the Hudson River’.the sleek, streamlined style of the model interior is highlighted by warm, contemporary tones of grays, browns, whites and lavenders. the textures of the window treatments, pillows, bedding and carpeting are rich and supple, perfectly complementing the serenity of the space.Displayed within the 23-foot by 13-foot living room are multiple-seating arrangements showcasing the room as an area for personal enjoyment or entertaining. Included are a lounge area with an elegant, comfortable sectional sofa, nesting tables and a flat screen TV; a custom-built counter-height shelf used as an eating nook; and a corner dining area with a café-sized table and chairs. Jodi Stasse, director of marketing and sales at Trump Plaza Residences Jersey City, is looking forward to revealing the stylish new model residence to prospects at the conclusion of her sales presentations. “Being able to show a possible future resident a glimpse of how their furniture and belongings will fit into their home is priceless,” she said, “It is so important for them to be able to visualize the possibilities of a room, and nothing makes that easier than a beautifully styled model.” the oversized master bedroom features northeast-facing windows, for a straight-on view of New York City from sunrise to sundown. the second bedroom has a large walk-in closet and, at 13 by 11 feet, is ample enough for a child’s bedroom, guest room or a spacious home office. Each thoughtfully designed home at Trump Plaza Residences Jersey City features refined and contemporary design elements such as stainless steel appliance packages in the kitchens; indulgent bathrooms with soaking tubs and/or showers; rich cabinetry and natural stone counters and vanities; elegant hardwood floors in living rooms, dining rooms and bedrooms; and premium fixtures and finishes, selected for their durability and timeless appeal. the homes at Trump Plaza Residences include one-, two- and three-bedroom residences ranging in size up to 1,599 square feet. the homes offer extraordinary value for the level of luxury provided, with pricing for the one-bedrooms starting in the mid $400,000s and pricing for the two-bedrooms starting in the mid-$600,000s.Penthouses are available but are in limited supply, as are the three-bedroom homes. Pricing for these is available upon request. Adding to the value is a 20-year tax abatement that translates into reduced property taxes for residents.the well-known Trump 24/7 concierge service is among the luxury hallmarks of Trump Plaza Residences Jersey City, along with their 40,000 square feet of indoor and outdoor amenities housed on the seventh floor. the indoor amenities include a screening room; a dining room with a full catering kitchen; a billiard and game room; a golf simulation room; a children’s playroom; a Roman-style aqua grotto; an in-house spa including massage facilities, locker rooms and saunas; and an Internet-accessible business center. the outdoor amenities include a landscaped lawn area, a heated pool with glamorous cabanas, a children’s tot lot and an impressive glass-enclosed fitness center.the proximity of Trump Plaza Residences Jersey City to Manhattan and the rest of the Gold Coast, as well as its convenient location near the Exchange Place and Grove Street PATH stations, the waterfront ferry and the Bergen-Hudson Light Rail, makes for easy commuting and uncomplicated travel to and from work, entertainment events or shopping and dining.for more information on Trump Plaza Residences Jersey City, visit the on-site sales suite, which is open seven days a week from 11 a.m. to 6 p.m. at 88 Morgan St. in Jersey City. Morning and evening hours are available by appointment. Contact the sales and marketing team by calling   (888) 263-7003, e-mailing info@trumpplazaresidences.com or visiting the website at trumpplazaresidences.com Follow us on twitter: @TrumpJerseyCityFacebook link: facebook.com/TrumpPlazaResidJerseyCity-or-Search for us on Facebook: Trump Plaza Residences Jersey CityAbout Trump Plaza Residences Jersey CityTrump Plaza Residences Jersey City is a full-service luxury high-rise condominium located at 88 Morgan St. in Jersey City, N.J. it is the tallest residential tower in the State of New Jersey reaching a soaring height of 55 stories, with panoramic views of the Hudson River, the Statue of Liberty and the New York City skyline. Completed in 2008 with a total of 443 residences, the homes at this exquisite property feature interior finishes with refined and contemporary design elements. Additionally, there are more than 40,000 square feet of amenities, managed by the Trump Corporation, which include such luxurious conveniences as a screening room; a dining hall with catering kitchen; game rooms; sitting areas and lounges; a heated outdoor rooftop pool with cabanas; an in-house spa including massage, locker rooms and saunas; a business facility; a fitness center; and indoor and outdoor children’s play areas. for more information, please visit the website at trumpplazaresidences.com###

FHA loans available at Crystal Point

FHA Loans are available at Crystal Point in Jersey City

Entering the height of the Spring market, Crystal Point condos on Jersey City’s waterfront is continuing it’s successful sales campaign.  In addition to the current sales being made, including those in and out of attorney review there are also many new home owners moving in.

With more and more homeowners taking possession of their new homes at Crystal Point, comes new opportunities for the home buyer who may not have been able to previously  purchase their home at Jersey City’s premier property.

What so different now you may ask?

Let me guess…….

• The market tanked……again
• Crystal Point slashed their prices because they weren’t selling
• Crystal Point is built on Infill
• The City of Jersey City recently, after a large donation was made to an unidentified politico approved the building of an island in the Hudson directly blocking the NYC views
• Or any other ridiculous rumor found on anonymous message boards on the “internets”.

So what is this magical power?  Crystal Point has now met Fannie Mae criteria for home owner occupations on floors 6 to 29.  This means a prospective home purchaser, who purchases a residence on floors 6 through 29 can secure FHA loans.  That’s right, not only is Crystal Point FHA approved, but these luxury waterfront Jersey City homes are now also Fannie Mae approved up to the 29^th floor.  In fact, my last client, without securing an FHA loan would not have been able to afford their first home due the sizeable down payment needed to buy a home at the National “Community of the Year” award winner.  This would have been a problem, considering this particular client had to have new construction, had seen most everything on the Gold Coast, and of course only wanted Crystal Point….weird.  Fortunately for all involved, this wasn’t a case of want but can’t have.

The Fannie Mae approval is serving to assist potential home buyers become current home owners.  I will continue to update the Crystal Point thread at LocallyLocated.com as the higher floors qualify for Fannie Mae approval.