Home Housing & Development BEACON TOWERS ANNOUNCES NEW PRICING ON LAST FIVE UNITS

BEACON TOWERS ANNOUNCES NEW PRICING ON LAST FIVE UNITS

The Last One Bedroom is Listed for $239k;
Two Bedrooms Start at $335k

NEW YORK, NY – November 28, 2011 – (RealEstateRama) — Halstead Property Development Marketing today announced new pricing on the five remaining units at Beacon Towers, a Central Harlem cooperative development.

Located at 29 West 138th Street between Lenox and 5th Avenues, Beacon Towers is an eight-story development comprised of 73 residences. Beacon Towers offers a 421-a tax abatement and has very low monthly maintenance costs. The five remaining units are:
– Unit 2I, a 585-square foot one-bedroom, one-bathroom home for $239,000 and $587 in monthly maintenance costs
– Unit 2J, a 903-square foot two-bedroom, two-bathroom home for $335,000 and $888 in monthly maintenance costs
– Unit 8C, a 813-square foot two bedroom, one bathroom home $349,000 and $755 in monthly maintenance costs
– Unit 8E, a 812-square foot two bedroom, one bathroom home for $349,000 and $754 in monthly maintenance costs
– Unit 8J, a 919-square foot two bedroom, two bathroom home for $359,000 and $912 in monthly maintenance costs

“Beacon Towers is in its final phase of sales with our most attractive top floor and two full bath homes being offered at unbeatable prices, along with buyer incentives for those who purchase prior to the end of 2011,” said Stephen G. Kliegerman, president of Halstead Property Development Marketing. “No other new development offers these values, and there simply is no better time to buy than now.”

Buyers who sign before the end of the year will be able to choose from several additional incentives such as lease-to-own opportunities; furnished homes; and down payments as low as 3.5 percent through SONYMA financing.

Construction on the project is complete and immediate occupancy is available with no board approval required. Since Beacon Towers was built with the middle class buyer in mind, the qualifying salary cap for the income-restricted units at Beacon Towers is $204,500.

Residences at Beacon Towers are built with such top-of-the-line finishes as select oak hardwood flooring and oversized “Low E” windows, as well as bathrooms with soaking tubs, designer Kohler hardware and fixtures and Eurotech washers and dryers. A fitness center is among the many amenities at Beacon Towers, which also has a part-time attended lobby, a landscaped courtyard garden and underground secured parking. All residences are pre-wired for cable TV, high-speed internet access with accommodations for future technologies.

For a full list of available units and floor plans, please visit: http://www.beacontowersliving.com.

About Strategic Development and Construction Group:
Strategic Development & Construction Group (SDCG) has been actively engaged in the acquisition, financing, development and marketing of residential and commercial projects since 1985. SDCG has built more than three thousand residential units and earned numerous awards for its achievements from organizations such as the Associated Builders and Owners of Greater New York, Inc., the Brooklyn Chamber of Commerce, NYSAFAH and the New York State Senate. For more information, please visit: http://www.strategic-construction.com.

About Lemle & Wolff, Inc.:
Lemle & Wolff, Inc. is a real estate management and development firm that was established in 1938 and is today one of the foremost providers of affordable housing in upper Manhattan and the Bronx. A full service organization, the firm is committed to the preservation and upgrading of the housing stock in the areas it services. L&W currently manages more than 300 buildings and, since 1974, L&W has completed the construction and/or rehabilitation of over one hundred buildings. L&W is a past recipient of an award for national excellence for community development partnerships. For more information, please visit http://www.lemlewolff.com/.

About Halstead Property Development Marketing:
Halstead Property Development Marketing is the exclusive sales and marketing firm for numerous new developments in New York and New Jersey. They consult with developers on every aspect of the development process, including pre-development planning, such as comprehensive market research, detailed unit mix and layout analysis, and amenities planning — all of which enable their clients to maximize sales prices, increase absorption rates and provide an overall superior product benefiting the consumer and developer. In addition, the division directs and coordinates the selection of all on-site personnel, conducts extensive sales training and monitoring, designs exceptional sales environments, and creates integrated communications planning including marketing, advertising, public relations and branding. For more information on the Halstead Property Development Marketing Division, please visit: http://www.HalsteadPDM.com/.