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BEACON TOWERS, HARLEM RESIDENTIAL DEVELOPMENT OFFERS ITS OWN “CREDIT” FOR BUYERS

Developers Announce $8,000 Cash “Credit” for Contracts Signed Prior to July 31 New York, NY - May 24, 2010 - (RealEstateRama) -- Since the federal tax credit expired at the end of April, the real estate industry nationwide has seen a slight lull in activity. The developers of Beacon Towers, a new cooperative residential development in Harlem, announced today that they will offer their own “tax credit” to buyers, in addition to affordable prices.