Starting in January 2010, the first residents of the luxurious condominium building, Crystal Point will begin to move into their new homes. Boasting an optimal location overlooking the Hudson River in downtown Jersey City, Crystal Point has earned an unbelievable amount of attention, and bragging rights, as units are being occupied at levels other similar condo buildings have not been able to achieve.

Being the first building of its kind in the area, Crystal Point has been able to accomplish goals on many levels. The structure’s distinctive design and ultra-stylish units separate it from the competition, making Crystal Point one of the most sought-after residential addresses in Jersey City.

When the Crystal Point Jersey City development began, it was clear that towards the end of the project that the circumstances surrounding the housing market had changed dramatically. However, the building’s unique architectural plan, upscale and smartly-appointed units, along with its technologically-advanced communications system was too good to pass up for transplanted Manhattanites and Jersey City residents. It was one of the few buildings in the area that continued to enjoy healthy sales during the slump.

In addition to record-breaking sales, the Crystal Point Condo building accepted an outstanding nine silver awards from the National Sales and Marketing Council (NSMC), deeming the building a finalist in the National Association of Home Builders’ popular annual show this January in Las Vegas. Among the awards, Crystal Point was recognized as a finalist of Building of the Year and also Best Sales Center.

Crystal Point’s accomplishments, coupled with the upcoming occasion of welcoming its first residents, have allowed the building’s developers to realize the project’s dream: to create a truly exceptional and exclusive residential building in Jersey City, with an unrivaled location and immaculate design, functionality and esteemed reputation.

Written by

David Wrenn

Halliburton Homes

t. 201.420.7766

e. dwrenn@halliburtonhomes.com

w. www.crystalpointagent.com

w. www.thewrennreport.wordpress.com

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The Monaco Towers was initially a 3 building community. Now the plans and construction are in place for 2 of the towers (Monaco Towers) the third (the San Remo) was planned for the South side of the Double Tree, has not begun construction yet as it was not included in the most recent abatement request by the developer. The jury is still out on exactly what the future holds for the San Remo.

The Monaco Towers was initially approved for construction as a condo community, but was later switched to a rental community due to various factors. The developer (a joint venture between the Jersey City based Garden State Developers and Roseland Property) went to the city to apply for a more aggressive/lucrative tax abatement. The city agreed and granted the Monaco Towers the new abatement, but in order for the special abatement to be utilized construction had to begin this year.

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WATERFRONT COMMERCIAL CONDO RELEASEd FOR SALE

AT CRYSTAL POINT IN DOWNTOWN jERSEY cITY

Riverfront Space Approved For Restaurant With Seating For 150 Indoors and 82 Outdoors

JERSEY CITY – A 5,500 square-foot ground floor commercial condominium has been released for sale at Crystal Point, the premier residential condominium tower located a mere 25 feet from the Hudson River waterfront in the heart of downtown Jersey City, NJ.

The prime riverfront space in the 42-story building located at 2 Second Street is fully-approved for a restaurant with seating for 150 inside and 82 outside, according to Fisher Development Associates, Crystal Point’s developer. The commercial condominium offers 225 linear feet of glass frontage overlooking Jersey City’s waterfront walkway with direct views of the ever changing Hudson River and New York City skyline. Parking will be available via the building’s on-site valet garage.

The unfinished shell space offers 13’-2” from slab to slab, floor to ceiling glass, and uninterrupted panoramic views.

“This premier location offers a restaurateur a number of significant advantages, including a dramatic riverfront setting facing Manhattan, a vibrant waterfront walkway brimming with pedestrian activity, and close proximity to the Hudson Bergen Light Rail and several PATH stations and ferry terminals which will facilitate patrons on both sides of the river,” notes Brian Fisher, a principal of Fisher Development Associates.

“In addition, it’s situated in a densely-populated urban area teeming with upscale residential buildings, a strong commercial hub and several hotels. Of course, our own building offers a built-in customer base with 269 luxury condominiums.”

For more information on Crystal Point’s commercial space, please call Fisher Development Associates at (914) 696-1200.

Sales will officially open this March for Crystal Point’s condominium homes which are complemented by an unparalleled offering of resort-style services and amenities and a location on the final piece of developable waterfront land in Jersey City facing Manhattan.

Designed by noted architectural firm Gruzen Samton LLP, Crystal Point boasts sweeping views of the ever changing skyline stretching from lower Manhattan to the George Washington Bridge. Each home will have water views — a rare advantage experienced only at Crystal Point.

Crystal Point’s distinctive, crystalline-style glass exterior was designed to maximize the building’s riverfront setting and reflect its exclusivity and diversity, notes Adrienne Albert, CEO of The Marketing Directors, Inc., Crystal Point’s marketing and exclusive sales agent. Inside, one-, two- and three-bedroom homes will range from 800 to 1,817 square-feet of well-designed living space complemented by a wide array of premium finishes.

Crystal Point’s superb amenities include the Crystal Spa which will feature a thermal bath, sauna, steam and treatment room. Residents will also enjoy a yoga/aerobics room, game room with billiard and poker table, state-of-the-art fitness center, lounge with catering kitchen and flat screen televisions, kid’s room and a screening room within the Crystal Club. There will also be an expansive outdoor deck overlooking the Hudson River and Manhattan skyline will feature a lap pool, hot tub, private cabanas and lounge chair seating, as well as a BBQ and dining area, fire pits with accompanying seating, and a children’s play area, a professional concierge, and valet parking.

For additional information on the condominium homes at Crystal Point, please call 201-433-7778 or visit www.crystalpointcondos.com.

Media Contact: George M. Cahn: gcahn@cahncomm.com

Robert Kelly: rkelly@cahncomm.com

CAHN Communications

(201) 876-3100

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