Home Housing & Development Pre-Closings Begin at Beacon Towers in Harlem

Pre-Closings Begin at Beacon Towers in Harlem

STATUS UPDATE:

PRE-CLOSINGS BEGIN AND IMMEDIATE OCCUPANCY AVAILABLE AT BEACON TOWERS IN HARLEM

With Only 15 Units Remaining, Beacon Towers is Over 70% Sold

NEW YORK, NY – March 23, 2010 – (RealEstateRama) — Beacon Towers today announced that pre-closings have begun at the new cooperative building in Central Harlem and immediate occupancy is available.

According to developer John J. Frezza, the first pre-closing was completed on March 16 and additional pre-closings are scheduled to take place over the next month.  Upon pre-closing, residents may move in immediately.

Beacon Towers is the leading development offering new residences to middle-income families in New York City.  Located at 29 West 138th Street, Beacon Towers (www.beaconaffordable.com) is an 8-story newly constructed building with 15 remaining residences, some with private terraces.  Homes range in price from $323,500-$470,000 for households whose incomes are under $192,000. Beacon Towers is over 70% sold.

All of the residences at Beacon Towers feature top of the line finishes, including select oak hardwood flooring, oversized ”Low E” windows, bathrooms with soaking tubs, designer Kohler fixtures and hardware, and have their own washers and dryers.  The building’s amenities include a fitness center, an attended lobby, landscaped courtyard garden and underground secured parking.  All residences are also pre-wired for cable TV, high-speed internet access and to accommodate future technologies.

Beacon Towers is a joint venture between Strategic Development and Construction Group and Lemle & Wolff, Inc., two developers that have been at the forefront of creating mixed use affordable housing developments in New York City for more than 25 years.

The onsite sales office is operated by Halstead Property Development Marketing and is open Monday through Thursday 12:00pm to 7:00pm and Saturday and Sunday from 12:00pm – 6:00pm.  For viewings please call the sales center at (212) 368-5247 or contact Rachelle Camhi at rcamhi (at) halstead (dot) com, Tony Von Meyers at tvonmeyers (at) halstead (dot) com, or Neil Tilbury at ntilbury (at) halstead (dot) com.

For more information, media tours or high-resolution photos and renderings, please contact Megan Raphael at (212) 867-8778 or megan (at) mediashoppr (dot) com.  The complete offering terms are in an offering plan available from sponsor.

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 over 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 the tri-state area.  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 enables 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/home