{"id":50,"date":"2013-10-24T16:44:54","date_gmt":"2013-10-24T16:44:54","guid":{"rendered":"http:\/\/buysellrenthudsoncountynj.com\/?p=50"},"modified":"2013-10-24T16:44:54","modified_gmt":"2013-10-24T16:44:54","slug":"2-8-million-dollar-penthouse-purchase-sets-jersey-city-record","status":"publish","type":"post","link":"http:\/\/buysellrenthudsoncountynj.com\/?p=50","title":{"rendered":"2.8 Million Dollar Penthouse Purchase Sets Jersey City Record"},"content":{"rendered":"

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Jersey City, NJ, September 2013:<\/b>\u00a077 Hudson, K. Hovnanian\u0092s\u00ae<\/a> soaring 49-story residential tower on the Hudson River in Jersey City, has just achieved a new milestone. The sparkling blue-glass luxury high-rise building recently sold one of its few remaining unsold homes, a two-bedroom penthouse on the 48th<\/sup>\u00a0floor, for a record-setting price of $2.8 million.<\/p>\n

While the transaction marks the highest sale price ever paid for a residential condominium in Jersey City, according to Scott Waldman, 77 Hudson\u0092s broker of record, \u0093It does not represent the top of the line at 77 Hudson. This record sale is not the highest-priced home in the building. However, it certainly showcases the stark comparison between our 2,100 square-foot penthouse and similar apartment homes just across the Hudson. A comparable 2,100 square-foot condominium on the west side of Manhattan would cost between $5-7 million, if you could find it. This is a testament not only to the quality and the desirability of the homes at 77 Hudson and our close-to-everything location, but also to the rebounding strength of the housing market in New Jersey. This spectacular building is nearly 100% sold \u2013 and our final penthouses are the crown jewel of 77 Hudson, with views that are just breathtaking.\u0094\u00a0
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According to Waldman, 77 Hudson has had a widespread appeal to a variety of buyers. \u0093We\u0092ve had buyers from throughout the New York metropolitan area, as well as from around the globe,\u0094 Waldman said. \u0093People recognize what an excellent value 77 Hudson represents for a waterfront building with drop-dead Manhattan skyline views. Our foreign buyers in particular recognize that their homes are a fraction of the price of river-view buildings on the New York side.\u0094<\/p>\n

77 Hudson is an impressive edifice from many perspectives, beyond its record-setting sales. The building was recently named among thetop ten tallest buildings in New Jersey, in a list compiled by online news service NJ Spotlight. According to K. Hovnanian\u00ae Homes\u00ae Area President Randy Brosseau, its towering height gives 77 Hudson \u0093some of the world\u0092s best panoramic urban views. Not just some of the best views in metro New York, but some of the best in the entire world. The magnificent new One World Trade Center is the centerpiece of our visual panorama, and all of midtown Manhattan is arrayed before you. It\u0092s like you\u0092re sitting in the first row of the mezzanine and the Manhattan skyline is the stage you\u0092re looking down on,\u0094 Brosseau said.<\/p>\n

From chic, luxurious homes overlooking the Hudson, to a remarkably convenient location, private concierge service, and a variety of unusual, unrivaled on-site amenities, 77 Hudson offers homeowners a luxurious lifestyle that is the equal of anything in Manhattan. The wide-range of resort-style\u00a0amenities\u00a0and on-site activities include a state-of the art fitness center and serene mirrored rooms that are ideal for yoga and Pilates; a private spa with sauna and steam rooms; a massage room, pool and hot tub; a jogging path, golf simulator, tot lot for the children, and even an on-site dog run. The building also offers its own rooftop bar, caf\u00e9 and fire pit. 77 Hudson\u0092s range of concierge services from Bravo Concierge Services can take care of residents\u0092 dry cleaning, house cleaning, dog walking and more, to make homeowners\u0092 lives even more pleasant and convenient.<\/p>\n

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77 Hudson\u0092s desirable\u00a0Jersey City location\u00a0provides easy commutes to all points in Manhattan, with convenient access to the PATH train, Holland Tunnel and ferry. Located in the Paulus Hook section of Jersey City, a vibrant community characterized by tree-lined streets, 77 Hudson is in walking distance to a number of top-rated restaurants and an array of boutique shops.<\/p>\n

Only a few remaining penthouses are available at 77 Hudson. For details on the final homes, or to arrange a private tour, call the sales center at (201) 433-2609, or visit\u00a0www.77Hudson.com.<\/p>\n

ABOUT HOVNANIAN ENTERPRISES\u00ae, INC.<\/b>:<\/p>\n

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey.\u00a0 The Company is one of the nation\u0092s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia.\u00a0 The Company\u0092s homes are marketed and sold under the trade names K. Hovnanian\u00ae Homes\u00ae, Matzel & Mumford, Brighton Homes, Parkwood Builders, Town & Country Homes and Oster Homes.\u00a0 As the developer of K. Hovnanian\u0092s\u00ae Four Seasons communities, the Company is also one of the nation\u0092s largest builders of active adult homes.<\/p>\n

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company\u0092s 2012 annual report, can be accessed through the \u0093Investor Relations\u0094 section of the Hovnanian Enterprises\u0092 website at\u00a0www.khov.com. To be added to Hovnanian\u2019s investor e-mail or fax lists, please send an e-mail to\u00a0IR@khov.com\u00a0or sign up at\u00a0www.khov.com.<\/p>\n

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