New Model Unveiled At Fast-selling Crystal Point On Jersey City's Hudson River Waterfront

Crystal Point has unveiled another spectacular decorated model home. End Quote

Jersey City, NJ (1888PressRelease) February 23, 2011 - Crystal Point, the fast-selling 42-story condominium building being developed by Fisher Development Associates directly on Jersey City's Hudson River waterfront, has unveiled another spectacular decorated model home.

The debut of the professionally designed one-bedroom condominium comes as the collection of 269 residences is experiencing accelerated buyer interest and activity with more than 75% of its homes sold and 70% closed - incredibly impressive statistics in today's housing market and a true testament to the extraordinary value offered at Crystal Point.

"This new home will join with our existing models to provide visitors a comprehensive look at the luxuriously appointed condominium layouts that have fueled the sales success at Crystal Point," says Brian Fisher, principal of Fisher Development Associates. "Situated on the 36th floor, it will also demonstrate how Crystal Point perfectly blends its upscale living spaces with sought-after and unobstructed views of either the New York City skyline or picturesque western exposures with water views to create the most desirable urban lifestyle on New Jersey's Hudson River 'Gold Coast."

Crystal Point has enjoyed extraordinary buyer acceptance since opening to the public. The building features a crystalline-style glass exterior and has been designed to maximize the building's waterfront setting and views of the ever changing Manhattan skyline. Available one-, two-and three bedroom homes are priced from the upper $500,000s and 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."
Crystal Point's superb amenities include the Crystal Spa with a thermal bath, sauna, steam and treatment rooms. Residents will also enjoy 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.

"An outdoor deck overlooking the Hudson River 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," says Ms. Albert. "The building also offers a professional concierge, valet parking and soon a lobby level restaurant."

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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