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$6m penthouse sale puts Jersey City in the big league.


Jersey City broke into the big league this month with the record-breaking $6 million sale of a double penthouse.

Tom Graham For the American football player, see .
Tom Graham (born Thomas Alexander Graham , 8 January 1980) is a British actor. Born in Nottingham, his mother is Irish and his father Scottish. He read Psychology at Manchester University.
, senior community manager of K. Hovnanian Homes, announced the record breaking sale to one buyer who purchased two penthouse homes at 77 Hudson, K. Hovnanian's new residential condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 in Jersey City. The penthouses, on floors 48 and 49, total 4,188 s/f. he sale sets a new record price for a penthouse sold in Jersey City.

The record sale reflects demand for a new lifestyle option in New Jersey's Gold Coast which 77 Hudson definitely offers. The tower has one of the most spectacular views of Manhattan and the Statue of Liberty Statue of Liberty

great symbolic structure in New York harbor. [Am. Hist.: Jameson, 284]

See : America


Statue of Liberty

perhaps the most famous monument to independence. [Am. Hist.: Jameson, 284]

See : Freedom
 available and offers the style, convenience and excitement of Manhattan, but at half the price.

"77 Hudson is designed for the ultimate in city living," said Graham. "The sophisticated design, hotel-quality amenities, luxury materials and finishes at 77 Hudson are exactly what buyers are seeking."

77 Hudson opened for VIP sales just two weeks ago, with over 300 appointments set for the initial sales release of homes. Approximately 50% of the 100 homes released have been sold to date, ranging in price from the upper $400,000s to over $6 million. 30% of sales have been broker generated.

Graham said the desireable neighborhood and the variety of homes available are what's drawing buyers to the tower, whose neighbors include Trump Plaza Trump Plaza is a name associated with several buildings in the Trump Empire
  • Trump Plaza (Atlantic City) is the 39-story Trump Plaza Atlantic City Hotel & Casino in Atlantic City, NJ built in 1984 owned by Trump Entertainment Resorts.
 being developed by Metro Homes and Donald Trump Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. .

77 Hudson offers its residentas a 14,200 s/f indoor spa/fitness center with Pilates/yoga room, massage room, steam and sauna areas, screening room, game room, click cafe and even virtual golf- with dramatic views onto an artfully landscaped 30,000 s/f outdoor plaza deck with a swimming pool, and hot tub. Its vast green rooftop park features walking paths, large expanses of lawn, gently rolling hills Rolling hills are like a mountain chain, only a "hill chain" of hills that roll on and on continually. You will often find them in between plains and mountains, near major rivers, or randomly anywhere. The only places without rolling hills are deserts and flood plains. , and a dog run. There's also a lounge and entertaining space with fireplace and private dining room with catering kitchen. 77 Hudson is located in historic Paulus Hook, just a block from the waterfront and two from the Exchange Place Path Station, the Light Rail System and the ferry, making any Manhattan commute a breeze.

The homes at 77 Hudson are currently priced from the $500s to more than $2 million. The architect and designer for 77 Hudson is the award winning New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 based Cetra/Ruddy.
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Comment:$6m penthouse sale puts Jersey City in the big league.
Publication:Real Estate Weekly
Date:Aug 29, 2007
Words:401
Previous Article:Buyers still hunting $50m trophies in the Big Apple.
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