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BROWN HARRIS STEVENS DEVELOPMENT MARKETING SELECTED TO COMPLETE SALES AT RICHARD MEIER ON PROSPECT PARK

Luxurious, Modern Brooklyn Development is 80% Sold and Occupied;
New Units Released on the Market This Week

NEW YORK, NY – January 12, 2012 – (RealEstateRama) — Brown Harris Stevens Development Marketing announced today that they have been selected as the new exclusive sales and marketing agent for Richard Meier On Prospect Park, a premier condominium development located at One Grand Army Plaza, at the gateway to Prospect Park in Brooklyn.

Led by industry veterans Stephen G. Kliegerman and Roberta Benzilio, the superb team at Brown Harris Stevens Development Marketing will execute a comprehensive marketing and advertising campaign to catalyze the completion of sales at On Prospect Park. The team will recommence sales this week with the release of 10 price-improved units, some of which are new to the market.

“We are thrilled to take over sales at On Prospect Park, one of the most coveted addresses in Brooklyn,” said Kliegerman, president of Brown Harris Stevens Development Marketing. “The strengths of our first-rate team, including our expertise and considerable resources, will contribute to a quick sell-out of the remaining units in this stunning building.”

A 15-story modern glass tower, the remaining 21 units at On Prospect Park are a mix of one-, two-, three- and four-bedroom homes that range in size from 962 – 3,524 square feet and in price from $695,000 – $5,100,000, including three penthouses with up to 3,500-square-foot terraces. New combination units have also been made available this week, offering buyers customizable simplex and duplex units ranging from 2 to 5 bedrooms. The development is currently 80 percent sold and occupied, with 93 of the original 114 units sold previously by The Corcoran Group, either individually or as combination units. For a full listing of available units, please visit: http://www.bhsusa.com/developments/id-19224

On Prospect Park was designed by Richard Meier & Partners Architects LLP, a world-renowned architectural firm that masterfully designed and proportioned each residence to evoke elegance and sophistication in a tranquil setting. With floor-to-ceiling, wall-to-wall glass windows, residences receive an abundance of natural light, providing an overall sense of openness, as well as spectacular views of Prospect Park, the Manhattan skyline and New York Harbor.

Each residence features white oak flooring, hardwood decked balconies, custom designed millwork, and Jet-Mist granite paved terraces. Kitchens feature open layouts with an island with extra storage, solid surface countertops with under mount integrated stainless steel sinks, Sub-Zero integrated refrigerators and freezers with ice makers, Sub-Zero integrated wine coolers, Gaggenau gas cooktops and integrated electric ovens, Gaggenau ventilation hoods, and Miele dishwashers. Master bathrooms include Thassos marble, radiant heat flooring with mosaic tile walk-in showers, Dornbracht mounted rain heads, and Zuma Air tubs. Junior bathrooms feature Jet-Mist granite flooring, solid surface countertops with integrated sink and Zuma Collection soaking tubs.

On Prospect Park offers a range of top line amenities, including: a concierge, doorman and live-in superintendent; on-site attended parking; membership to the 30,000-square-foot health club with an indoor swimming pool; a residents’ lounge with a full kitchen; billiard, meeting and children’s rooms; rooftop sundeck; private storage; and bicycle storage. The building also offers an effective 25-year, 421-a tax abatement.

In the thriving Prospect Heights neighborhood of Brooklyn, the blocks surrounding On Prospect Park are an enchanting mix of landmarked brownstones, monumental architecture, and landscaped scenery at Prospect Park, a 585-acre oasis of rolling hills and meadows. Residents have easy access to services, and will dine at well-known restaurants, shop at fine boutiques, and enjoy cultural institutions such as the Brooklyn Museum, the Brooklyn Public Library and the Brooklyn Botanic Garden.

For more information, please visit: http://www.bhsusa.com/developments/id-19224

About Brown Harris Stevens Development Marketing:
With over a decade of success marketing and selling new development projects, Brown Harris Stevens provides developers and customers with the highest level of service from pre-development planning through all aspects of marketing and sales. Our approach is not formulaic; our team of seasoned veterans guides each project through the entire process from inception through sellout always focusing on what differentiates each development from the competition. Our extensive expertise in comprehensive pre-development planning, innovative marketing strategies, market research and analysis coupled with our highly-respected, top-producing agents has resulted in thousands of new development transactions. For more information visit: http://www.bhsusa.com/new-developments

Contact: Amy Nizwantowski, amy (at) mediashoppr (dot) com
Mediashop PR, (212) 867-8778 x232