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Kushner gets green light to move forward with East Brunswick, N.J., rental project. (Residential).


Kushner Companies has received approval to develop Horizons at East Brunswick, Middlesex County's newest upscale active adult rental community in East Brunswick, N.J., announced Jeffrey Freireich, Kushner Companies' vice chairman and managing partner. Situated on 10 acres with frontage on Rues Lane, Cranbury Road and New Brunswick New Brunswick, province, Canada
New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada.
 Avenue, this luxury, four-story apartment building will include 160 one- and two-bedroom homes for residents age 55 and over.

"The community will provide a new option for empty nesters who want to enjoy a more carefree lifestyle but remain in the region," noted Freireich.

East Brunswick is a vital township in the heart of Middlesex County For the traditional county of England, see Middlesex.

For other uses, see Middlesex (disambiguation).

Middlesex County is the name of six counties in North America:
  • Canada
  • Middlesex County, Ontario
, offering easy access to a wealth of recreation, shopping and dining. Within this context, Horizons at East Brunswick occupies a prime setting for active adult housing Active adult housing refers to communities either age-targeted or age-restricted to people aged 55 or better (sometimes 50 or better).

Homes for active adults tend to be single family detached homes, and typically range from 1500 to 2000 square feet, and lots tend to be less
, within walking distance of the township Senior Center and Municipal Complex, the public library and neighborhood retail.

Horizons at East Brunswick will feature spacious apartments with balconies, full kitchens, formal dining rooms, dens, washer/dryers, card-access security and basement storage. The property also will include state-of-the-art communications and computer hook-ups for each apartment to provide flexibility and convenience for this computer-savvy generation now reaching retirement age.

Kushner Companies' goal is to provide true luxury living with facilities that reflect the interests and desires of today's aging Baby Boomers See generation X. . The apartments will be beautifully appointed, complemented by upscale amenities, including a community room, fitness center, card and billiards billiards, any one of a number of games played with a tapered, leather-tipped stick called a cue and various numbers of balls on a rectangular, cloth-covered slate table with raised and cushioned edges.  room. The property will also feature extensively landscaped grounds highlighted by an attractive outdoor gazebo gazebo

Lookout in the form of a turret, cupola (small, lanternlike dome), or garden house set on a height to give an extensive view. Few late-18th- and 19th-century rustic gazebos survive, but 17th-century turrets built up in an angle of the garden wall are not uncommon.
.

Kushner Companies' construction division, Westminster Communities, will develop Horizons at East Brunswick with construction expected to begin in the fall of 2002. An on-site model unit and leasing center is also planned to open for tours after commencement of construction.

Horizons at East Brunswick will create a new niche in senior housing for the East Brunswick community. "East Brunswick has responded to the growth of its senior population by establishing abundant services and programs," Freireich said. "At the same time, no upscale rental alternative currently exists for active adults whose income exceeds the qualifications for the township-sponsored apartments. Horizons at East Brunswick is designed for higher-income residents who desire the convenience and social benefits of renting in an age-restricted community An age-restricted community is a housing area, often gated, that restricts ownership to individuals who are over a set age. In addition to restrictions on ownership, such communities frequently have age requirements for residency as well. ."

The launch of Horizons at East Brunswick marks Kushner Companies' continuing expansion in the luxury active adult housing market. Westminster Communities is currently completing construction at The Horizons at Franklin Lakes in Franklin Lakes, New Jersey Franklin Lakes is a borough in Bergen County, New Jersey, United States. The Franklin Lakes zip code is 07417. As of the United States 2000 Census, the borough population was 10,422. , which will open in the fall with 120 apartment homes for residents age 52 and over. In addition, the firm has received approval to develop Carriage Park, a 210-unit rental community for ages 55 and over in the Princeton suburb of Lawrenceville, New Jersey Lawrenceville is a census-designated place and unincorporated area located within Lawrence Township in Mercer County, New Jersey. As of the United States 2000 Census, the CDP population was 4,081. Lawrenceville is located roughly halfway between Princeton and Trenton. .
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jul 31, 2002
Words:452
Previous Article:Index: single-family housing market stable.(Mortgage Guaranty Insurance Corp.)
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