NEW BRUNSWICK, N.J. – March 22, 2012 – (RealEstateRama) — The first residents have begun moving into The Vue, the new luxury building in the heart of downtown New Brunswick featuring a unique mix of rental residences and Penthouse condominiums and direct walkway access to the New Brunswick Train Station.
Additional move-ins are scheduled in the coming weeks as more than 25% of the rental residences have been leased and ten penthouse condominium homes have been sold in just ten weeks at the 23-story building, according to the New Brunswick Development Corporation (DEVCO) , which is developing The Vue in partnership with Pennrose Properties.
The residences at The Vue, which are situated on the prime upper floors of the building above retail and commercial space and a parking garage, include 150 luxury rental homes and 42 Penthouse condominiums occupying the top three floors.
The Marketing Directors, Inc. is the building’s exclusive marketing, sales and leasing agent.
“It’s always an exciting milestone when residents begin moving in and start transforming a building into active environment,” notes Christopher J. Paladino, President of DEVCO. “We’re delighted that they will now be able to enjoy The Vue’s luxurious homes with impressive views of the Raritan River and New Brunswick skyline, first-class amenities and an ultra-convenient location”
The tallest building in the City of New Brunswick, The Vue is ideally situated on Somerset Street and Easton Avenue with direct walkway access to New Brunswick’s train station, which offers express service into Manhattan and Philadelphia.
“Residents will enjoy the added convenience of shops and services at their doorstep,” says Timothy Henkel, Senior Vice President of Pennrose Properties, LLC. “The building will house 57,000 square-feet of retail space in its first eight stories, including a full-scale Barnes & Noble book store and a Brother Jimmy’s BBQ restaurant, as well as a 657-space parking garage. The Vue is also located next to Rutgers University and is a short walk to all the entertainment and cultural attractions of New Brunswick.”
Two professionally-decorated model residences are now open at The Vue. One home displays the luxury finishes and appointments of the condominiums, while the second model illustrates those of the rental residences.
One- and two-bedroom condominium homes at The Vue range in size from 773 to 1,216 square feet of living space and are initially priced from $277,000. The well-appointed residences feature hardwood flooring throughout the living and dining room, recessed lighting, and open gourmet kitchens complete with custom cabinetry, granite countertops and backsplashes, and state-of-the-art, stainless steel GE Energy Star appliance packages. Master baths are adorned with silvery gray granite countertops and marble flooring, elegant arctic white title shower surrounds, custom café vanities with polished chrome fixtures and glass-enclosed showers. Each home also includes a washer and dryer.
The Vue also offers a mix of one- and two-bedroom rental homes with myriad upscale features, including hardwood flooring in living and dining rooms, gourmet kitchens with grey oak cabinetry, quartz countertops and stainless steel GE Energy Star appliances; luxurious master baths and in-home washer and dryers. Monthly rents for these residences begin from $1,850.
“The building is finding its market with a rare offering of both condominium and rental residences that appeals to people with different lifestyle needs and requirements,” notes Jacqueline Urgo, President of The Marketing Directors, Inc. “All appreciate the exceptional value found here in terms of upscale finishes, superb amenities and services and convenience.”
Residents at The Vue enjoy a wide assortment of resort-like amenities, including an attended, custom designed lobby; fully-equipped fitness center and residents-only lounge featuring a billiards table, flat screen televisions, WiFi business bar and a separate catering kitchen and conference room. The Vue has also partnered with Verizon’s Virtual Concierge service to provide residents with additional services such as dining and building event reservations, and the ability to manage local venders (i.e. drycleaner, florist, housekeeping service, etc.) remotely.”
The Vue was developed in accordance with guidelines set by New Jersey’s Clean Energy Program’sTM (NJCEP) Pay For Performance which encourages new construction developments to achieve energy costs 15% below the current energy code. As a result, homes at The Vue are more environmentally-sensitive and more efficient than comparable new construction buildings while providing greater comfort and lower energy bills.
.For additional information on The Vue, please call 732-828-0111 or visit www.TheVuenj.com. The building is located at 110 Somerset Street, New Brunswick, NJ. The onsite sales and leasing office is open Monday thru Friday from 10:00am to 6:00pm and Saturday and Sunday from 11:00am to 6:00pm.
