CRYSTAL POINT ON JERSEY CITY WATERFRONT WOWS NEW YORK CITY REAL ESTATE BROKER

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JERSEY CITY, N.J. – October 5, 2011 – (RealEstateRama) — Sophine Hung, a real estate broker at Metropolitan Residential Partners in New York City, had never been to Jersey City, N.J. before. The 20-year real estate veteran had been selling upscale homes in highly-amenitized buildings in Westchester County and Manhattan for the past two decades, but New Jersey’s Hudson River “Gold Coast” was unfamiliar territory.

“For the last two years, I’ve been focused in Manhattan showing high-end homes from uptown to downtown,” Mrs. Hung says. “I never considered crossing the Hudson River into New Jersey’s for sale market before.”
Mrs. Hung had one client she’d established a strong relationship while showing condominium homes in some of New York City’s most popular neighborhoods.

“We looked at several buildings until one day my client realized most of the homes were outside their price range,” Mrs. Hung recalls. “They decided they wanted to look in New Jersey where they could get more home for the money so I referred them to one of our local brokers.”

Comfortable with Mrs. Hung, the client asked if they could continue working with her and if she would represent them as the buyers’ sales agent for a potential purchase at Crystal Point, the upscale, 42-story condominium building being developed by Fisher Development Associates directly on the Hudson River waterfront in downtown Jersey City, N.J. Mrs. Hung agreed and set off for her initial trip to the fast growing Hudson County City.

“When I first got off the PATH, I couldn’t believe how nice a neighborhood downtown Jersey City was,” she recalls. “The landscaping and tranquil greenery created a very relaxed, laid back atmosphere in an active downtown district with shops, services and more.”

Mrs. Hung then made the short walk from the PATH station to Crystal Point.
“As soon as I walked in I told my client this was the place for them,” Mrs. Hung says. “The apartment was spectacular, located on a high floor with incredible Manhattan views. The price couldn’t compare with any similar buildings in Manhattan. Crystal Point had everything they were looking for; upscale homes, five-star amenities and a sought after waterfront location.”

With more and more potential homebuyers realizing the New Jersey waterfront is an attractive alternative to New York City thanks to its well-priced homes, upscale urban environment and countless mass transportation options into Manhattan, Mrs. Hung is just one of several New York City brokers who have crossed the Hudson River to complete deals at Crystal Point, which is now more than 80% sold.

“Sales at Crystal Point have been driven by its widespread appeal to buyers not only in New Jersey, but also those in New York City who want more home for their money,” says Brian Fisher, President of Fisher Development Associates. “They realize here they can get the same luxurious designs, recreational amenities and a downtown waterfront location that rivals Manhattan’s trendy neighborhoods at extremely competitive prices.

“Add in the PATH trains which are available minutes away at both Exchange Place and Newport and make commuting to the business centers of New York City even quicker than some neighborhoods within the City and its clear why this building has become a desired destination.”

The finest selection of homes is now available at Crystal Point. Many condominiums in the current inventory offer all the attributes that have led Crystal Point to the most successful sales program in Hudson County in recent memory – value-packed pricing from the upper-$500,000s, unobstructed views of the ever changing Manhattan skyline and Hudson River, easy access to a host of world-class on-site amenities and a key location in close proximity to major public transportation,.

The lifestyle that separates Crystal Point can be found in its world class amenities, including an expansive outdoor deck of over ten thousand square feet overlooking the Hudson River on the building’s sixth-floor which features a sparkling pool, giant hot tub, private cabanas and lounge chair seating, as well as two BBQs and dining area, fire pit and a children’s play area.

Indoors, residents enjoy five-star amenities including the Crystal Spa with a thermal bath, sauna, steam and treatment rooms, a yoga/aerobics room, state-of-the-art fitness center, lounge with flat screen televisions, game room with billiard and poker tables, children’s play room and a screening room within the Crystal Club. There’s also a professional concierge on site and valet parking.

Homes at Crystal Point range from 800 to 1,586 square-feet and offer an array of premium finishes. Residents also benefit from free on-site parking. Homes are made even more attractive thanks to a 30-year tax abatement that has been granted to the building.

“Floor-to-ceiling windows drench the homes in natural light and many of the residences offer riverfront balconies,” notes Adrienne Albert, CEO of The Marketing Directors, Inc., the building’s marketing and exclusive sales agent.

“Kitchens boast Italian Pedini wood and glass cabinetry, sparkling quartzite counters, under-cabinet task lighting, full height pantries, islands with breakfast bars and a full Jenn-Air appliance suite. Each residence also has SMART home technology capabilities and a full-sized washer and dryer.”

Created by the renowned New York City architectural firm Gruzen Samton LLP, the distinctive design of the landmark Crystal Point building maximizes its unrivaled waterfront location and creates homes with modern, open and furnishable living areas.

“Unlike many high-rise developments which often seem cavernous with long hallways, we split the Crystal Point plan in half with elevators positioned in the middle of the residential floors to create short corridors and provide the building a very intimate feel,” says Jordan Gruzen (FAIA) of Gruzen Samton. “We utilized multiple façade planes to break the building‘s mass up and ensure that every home had magnificent views. Each condominium was designed so from the moment the front door of each home is opened one is aware of the views and the light emanating from the water.

“The layouts of the homes themselves often create large square rooms and sprawling living spaces that are open, airy and extremely functional.”

The award-winning Crystal Point building has been recognized as the ULI-NNJ’s 2010 “Project of the Year” and last year received the Gold Award for “Community of the Year” from the National Association of Home Builders.

For additional information on Crystal Point, please call 201-433-7778 or visit www.crystalpointcondos.com.

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