Ten Units Remain at The Douglass; FHA & Fannie Mae Financing Available
New York, NY – July 22, 2010 – (RealEstateRama) — BRP Companies and Halstead Property Development Marketing today announced that 75% of units are sold at The Douglass, a new high-end condominium development in South Harlem, which also just received its Temporary Certificate of Occupancy (TCO).
After sales launched officially in November 2009, the development sold rapidly, reaching the 75% mark in eight months. Buyers have taken advantage of the reasonable prices, excellent design and quality finishes, as well as the 25-year 421-A tax abatement and availability of FHA and Fannie Mae financing.
A nine-story newly constructed building near Central Park and Morningside Park, The Douglass (http://TheDouglassCondo.com) has a total of 38 condominium residences. The remaining ten units include two and three-bedroom residences ranging in size from 1,015 to 1,322 square feet and in price from $649,000 – $829,000. With the TCO obtained this week, closings and move-ins will begin this month.
“We are very excited to have completed this number of sales in such a short period of time at The Douglass,” said Stephen G. Kliegerman, executive director of Halstead Property Development Marketing. “Buyers today are looking for all of the amenities that The Douglass offers including affordable homes, high end finishes, value and location.”
Residences at The Douglass feature stained oak hardwood flooring, white granite countertops, washers and dryers, stainless steel appliances by Jenn-Air, bathrooms with Toto toilets and Kohler fixtures, and individual storage units. The building also features an attended lobby, keyless internal public access doors, and on-site parking available for purchase. All owners can enjoy use of the fitness room and he landscaped courtyard located on the second floor.
The Douglass is a pet-friendly building surrounded by gourmet food and wine shops and award-winning restaurants. It is located just steps away from the B and C trains and also near the 2 and 3 trains.
For a full list of available units and floor plans, please visit: http://TheDouglassCondo.com or call The Douglass Condominium sales office at 212-521-5749. For renderings, photos and other press inquiries, please contact Allison Berger at Mediashop PR (allison (at) mediashoppr (dot) com; 212-867-8778 x223).
About BRP Companies:
Founded in 1995, BRP has been a trusted and proven developer and builder of new homes, condominiums, apartments and retail properties across the City of New York and Philadelphia. From the company’s modest beginning as a local Brooklyn developer, BRP has successfully evolved into a full-service real estate company offering a full complement of development, construction, and property management services.
To date, BRP has completed approximately 250 housing units and has over 700 units in the pipeline. With a dedicated and growing staff, BRP has worked tirelessly to enhance and continue its partnerships with government agencies and not-for-profit organizations to build quality affordable, mixed-income, and market-rate housing units throughout the City. For more information, please go to www.brpcompanies.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/.
Contact:
Allison Berger, allison (at) mediashoppr (dot) com
Mediashop PR, 212-867-8778 x223
