Teicher Organization purchases 140 acre property.The Teicher Organization, one of the tri-state area's leading residential and commercial developers, is preparing to introduce its second residential offering in the famed Pocono Mountains Pocono Mountains (pō`kənō), range of the Appalachian system, c.2,000 ft (610 m) high, NE Pa. Forested and having many lakes and streams, the Poconos are a major resort area. . The East Brunswick, N.J.-based company has recently purchased a 140-acre site at the renowned Tamiment Resort in the Monroe County's Lehman Township. Called Lehman's Pointe pointe n. In ballet, dancing that is performed on the tips of the toes. [From French pointe (des pieds), point (of the feet), tiptoe; see point.] , the new gated community gat·ed community n. A subdivision or neighborhood, often surrounded by a barrier, to which entry is restricted to residents and their guests. will feature 225 single-family homes. The new community will follow in the footsteps of Mystic Pines, an enclave enclave /en·clave/ (en´klav) tissue detached from its normal connection and enclosed within another organ. en·clave n. A detached mass of tissue enclosed in tissue of another kind. of 76 upscale townhomes Teicher is developing at the well-established Pinecrest Lake Golf and Country Club in Pocono Pines, Pa. "With its suburban setting, competitive housing prices and location within a reasonable commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment. from northern New Jersey, 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. and Philadelphia, the Pennsylvania Mountains are an exceptionally attractive option for today's homebuyer home·buy·er n. One who is in the process of buying a home. ," says Ryan Teicher, Vice-President of the company. "Thus, it is an obvious destination for us to expand our ever-growing residential portfolio. We are excited about the prospect of introducing new communities and product lines to this housing market." The Tamiment Resort has long been a popular destination for visitors to the Pocono Mountains. The tranquil, country-like setting and many recreational, cultural and entertainment diversions that historically attracted people to the resort will still be apparent in the homes Teicher will develop. Lehman's Pointe will feature a selection of five single-family designs. Initial prices for the homes are expected to range from $229,000 to the $400,000s. "Residents will also have access to the full array of five-star recreational and social amenities available on the Tamiment site," Mr. Teicher points out. "These include a swimming pool and tennis court." In addition to Lehman's Pointe and Mystic Pines, Teicher's activities in the Pennsylvania Mountains will also include a second development of approxiametly 315 single-family residences at the Pinecrest Lake Golf & Country Club. Combined with Mystic Pines, the two neighborhoods represent the balance of the community. |
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