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Renting begins at Roosevelt.

Renting is underway at The LeFrak Organization's newest residential development, The Roosevelt, a 7-story, 128-unit rental apartment building in the historic Hamilton Park neighborhood of Jersey City adjacent to Newport.

The announcement of the official opening of a temporary on-site rental office at The Lincoln, another distinctive LeFrak apartment building located just down the street from The Roosevelt, was made by LeFrak Managing Director Jamie LeFrak.

Rents at The Roosevelt, which is situated at 180 10th Street, between Manila Avenue and Luis Matin Boulevard, average approximately $1,250 for a studio; $1,475 for a one bedroom, $1,900 for a two bedroom with two full baths; and $2,300 for a three bedroom with two full baths.

Designed for contemporary living, studio units average 430 square feet; one bedrooms are 709 square feet; two bedrooms are 1,071 square feet; and three bedrooms are 1,308 square feet. The Roosevelt also offers onsite parking, a fitness room for residents, and a 4,000 square foot convenience store and green grocer to be called "The Hamilton Park Market."

Typical of the Lefrak standard for quality rental housing, The Roosevelt features spacious and attractive layouts; elegant master bathrooms; Euro-style kitchens with state-of-the-art appliances; prewiring for direcTV and T3 internet access; and a stylish lobby with luxurious appointments.

"The development allows us to appeal to that sector of the market that seeks the neighborhood ambiance that Hamilton Park offers, along with the on-site amenities that Newport provides just one block away," stated Mr. LeFrak.
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Title Annotation:apartment buildings
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NJ
Date:Jul 20, 2005
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