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Ground broken on JC project.


Metro Homes has broken ground for Liberty Point, a new 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.
 community rising at the corner of Warren and Morris Streets in the historic Paulus Hook section of Jersey City.

Pre-construction sales have simultaneously opened for the community's 32 elegant condominium homes which will be in a four-story building situated just steps from the city's downtown waterfront district and its numerous commuter options, reports the Hoboken-based developer.

The building's expansive two-bedroom, two-bath homes -- many of which offer private terraces -- will feature from 980 to 1,300 SF of living space. Opening prices currently range from $395,000 to $570,000.

A unique, 20-year "Tax Enhancement" program has been established to significantly reduce homeowners' tax payments, notes Dean S. Geibel, president of Metro Homes.

The community will also feature a ground-floor restaurant, additional commercial space and on-site secured parking.

"Liberty Point residents will enjoy Paulus Hook's desirable neighborhood atmosphere with well-established restaurants, cafes and a distinctive residential ambiance am·bi·ance also am·bi·ence  
n.
The special atmosphere or mood created by a particular environment: "The noir ambience is dominated by low-key lighting . . .
 fostered by its tree-lined streets," Geibel points out.

"For those who commute to Manhattan for both business and pleasure, the community is just a short walk to the Hudson/Bergen Light Rail which provides convenient access to the Newport and Hoboken PATH Stations, as well as to the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Waterway Ferry terminals."

Liberty Point's striking exterior will boast a unique brick facade, charming metal panels, aluminum clad wood windows and cast stone sills which will clearly distinguish it within the neighborhood, adds Paul E. Fried, a partner in Metro Homes.

A landscaped common terrace, rear courtyard and common rooftop decks will provide residents with unusual outdoor space.

"We've incorporated a number of luxury amenities into the homes, including 11-foot high ceilings with elaborate Crown and Chair rail molding, oak hardwood flooring, spacious closets with ventilated ven·ti·late  
tr.v. ven·ti·lat·ed, ven·ti·lat·ing, ven·ti·lates
1. To admit fresh air into (a mine, for example) to replace stale or noxious air.

2.
 shelving shelv·ing  
n.
1. Shelves considered as a group.

2. Material for shelves.

3. An incline; a slope.


shelving
Noun

1. material for shelves

2.
, and large master-bedroom suites with lavish baths," Fried points out.

Large kitchens will boast a choice of designer cabinetry cab·i·net·ry  
n.
Cabinetwork: finely detailed cabinetry.

Noun 1. cabinetry - the craft of making furniture (especially furniture of high quality)
cabinetwork
 and counter tops with under-cabinet lighting, recessed lighting, ceramic tile floors, and a full GE appliance package featuring a range with an extra large oven, space maker microwave oven, refrigerator and dishwasher. Elegant full baths will feature ceramic tile, custom vanities and Kohler fixtures and faucets.

Every home will also offer a laundry room A laundry room (also called a utility room) is a room where clothes are washed. In a modern home, a laundry room would be equipped with an automatic washing machine and clothes dryer,and often a large basin, called a laundry tub, for hand-washing delicate articles of clothing such  with GE Washer and Dryer, and wiring for Satellite and Cable TV.

"Buyers will also be able to personalize their homes at Liberty Point by visiting our centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 design center in Hoboken and selecting from our diverse list of options and upgrades," Fried adds.
COPYRIGHT 2003 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Geographic Code:1U2NJ
Date:May 14, 2003
Words:411
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