SOME OF THE BEST PURCHASING OPPORTUNITES AVAILABLE AT CRYSTAL POINT ON JERSEY CITY’S WATERFRONT

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JERSEY CITY, NJ – July 12, 2011 – (RealEstateRama) — Some of the best purchasing opportunities are now available at Crystal Point in downtown Jersey City which has already sold an impressive 75% of its upscale condominium homes.

According to developer Fisher Development Associates, the many homes in the current inventory at the magnificent 42 story building directly on the Hudson River 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.

Purchasers will also have the added advantage of an active, lively environment with more than 200 residents already enjoying their luxurious lifestyle at Crystal Point.

“Crystal Point is not only drawing the attention of homebuyers in Hudson County and New York City, but also has tremendous appeal to suburbanites in Bergen and Morris Counties who want the well-rounded, resort lifestyle of an upscale urban building which is just across the river and minutes from Manhattan,” says Brian Fisher, President of the firm that bears his name.

“This is true of both empty-nesters who want to trade in large single-family homes for the ease and convenience of maintenance-free living and young families who want to shorten commute times to their employment centers in New York City. At Crystal Point, they can have all this without having to sacrifice the luxury they’ve grown accustomed to.”

The lifestyle that separates Crystal Point is on full display during summer when residents are delighting in the building’s Manhattan-style outdoor amenities. Situated on an expansive outdoor deck of over ten thousand square feet overlooking the Hudson River on the building’s sixth-floor, the outdoor social and recreational amenities are highlighted by 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.

While the outdoor amenities are certainly a hit during summer, residents looking to escape the heat can always head indoors and 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.

“Crystal Point’s elaborate amenity offering creates the upscale hotel-like living environment that today’s homebuyer desires,” says Mr. Fisher.

“This is on full display during the spring and summer months when our entire amenity package is open and functioning. It allows visitors to get a true sense of how Crystal Point is not just about the homes and finishes, but about providing a comprehensive lifestyle experience that extends beyond the walls of their residence.”

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.

Crystal Point is conveniently located between the Paulus Hook and Newport sections of Jersey City and steps from PATH trains at both Exchange Place and Newport with direct access into New York City and a Light Rail station.

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

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