Kushner buys $45m Windsor Towers.Kushner Companies has acquired the 525-unit Towers of Windsor Park This article refers to the home ground of the Northern Irish Football Club. For other uses of Windsor Park, see Windsor Park (disambiguation). Windsor Park is the home ground of the Northern Irish football club, Linfield FC, in Belfast. , two 13-story luxury apartment buildings on Chapel Avenue in Cherry Hill Cherry Hill, township (1990 pop. 69,319), Camden co., W central N.J.; name was changed from Delaware township to Cherry Hill in 1961. Largely residential, Cherry Hill has been marked by great development and housing growth, especially since the 1970s. , N.J., adding to the firm's already significant presence in Camden county Camden County can refer to:
"This property is the crown jewel Crown jewel A particularly profitable or otherwise particularly valuable corporate unit or asset of a firm. Often used in risk arbitrage. The most desirable entities within a diversified corporation as measured by asset value, earning power, and business prospects; in takeover of Cherry Hill," said Ploshnick. "These two buildings are beautifully maintained, have a great location and a great tenancy." Built in the mid-1960s, the curved, white-faced buildings feature a kidney-shaped outdoor swimming pool, tennis court, ample parking and 24-hour doorman service. Located near Kings Highway, the towers are within walking distance of Cherry Hill Library and in close proximity to Kennedy Hospital, several shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into and numerous houses of worship. "The Towers of Windsor Park are among the finest high-rise assets along the desirable Philadelphia-Trenton corridor," said Richard Stadtmauer, vice chairman and managing partner of Kushner Companies. "With spacious units and first-rate amenities, they are a prestigious addition to our portfolio." Towers of Windsor Park joins three other multifamily properties in Cherry Hill owned by Kushner Companies and operated by its property management affiliate, Westminster Management. The others include the 89-unit Lexington House on Chestnut Street, the 188-unit Colonial Apartments on Cooper Landing Road and the 59-unit Sussex House on nearby Kings Highway North. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Stadtmauer, Kushner Companies plans to invest significantly in capital improvements for Windsor Park. "Upgrades and capital improvements will always rank high on our list of property management priorities, regardless of our nearly lO0 percent occupancy rates," Stadtmauer noted. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion