Looks like interest in the new 40 Park condos on the “Green” in Morristown didn’t end with the much publicized Red Carpet event last month…

STRONG SALES SINCE HISTORIC GRAND OPENING TURN-OUT
LEAVES SCARCITY OF OPPORTUNITIES AT 40 PARK

The enormous buzz that emerged from the historic Grand Opening turn-out at 40 Park in downtown Morristown last month has proven to have staying power as strong sales activity and numerous move-ins have occurred since the momentous event.

In the weeks following the “Models Unleashed” opening that attracted more than 1,000 people over a four-hour period, buyers have continued to embrace the unique downtown urban lifestyle offered at 40 Park which has led to an increase in sales and a diminishing number of homes available in each price and location.

“We’ve gotten to a point where there’s a true sense of urgency,” notes Debra Tantleff, a Vice President at Roseland Property Company, which, along with Woodmont Properties, is developing the 76-home 40 Park — winner of three Sales and Marketing Awards at the 2010 SAM Awards held earlier this week in Atlantic City.

“We started with an unusually large variety of home designs which represent varying floor plans, locations and price points. With the sales pace we’ve enjoyed and the steady flow of closings that have taken place, many of those product lines are either no longer available or are becoming increasingly more limited. It’s a unique scenario that is clearly gaining traction with today’s home buyers who also appreciate the fact that remaining homes are completed and ready for move-in.”

Much of 40 Park’s appeal to buyers stems from the prospect of being able to live a pedestrian-friendly lifestyle that allows them to walk to work, entertainment, parks, restaurants, bars, cultural destinations and public transportation.

Residents also enjoy a number of private recreational amenities located within the building, including the 40 Park Center, a private amenity floor for homeowners featuring a billiard table, media lounge with fireplace and large flat screen TVs; catering kitchen and cozy bar seating, and fully-equipped, state-of-the-art fitness center – all of which leads out to private garage parking.

40 Park’s amazing residences include a wide variety of one-, two- and three-bedroom floorplans. These limited edition homes are priced from the mid-$400,000s to more than $1 million for the Signature Residences and from $1 million to $2.2 million for the custom designed penthouses. The penthouses include up to 3,200 square feet of living space and provide extraordinary private terraces of up to 1,800 square feet of fabulous outdoor living space not offered anywhere else in the area. Penthouse buyers have the unique opportunity to work with the building architect to custom design their own penthouse.

Buyers can choose from three distinct designer-selected finishes packages that include hard wood floors and spacious kitchens with granite countertops and stainless-steel appliances, while balconies and architectural bay windows add to the appeal of the homes. A private amenity floor for homeowners features a billiard table, media lounge with fireplace and large flat screen TVs; catering kitchen and cozy bar seating, and fully-equipped, state-of-the-art fitness center – all of which leads out to private garage parking.

High-end, boutique retailers and restaurants will complement the downtown, pedestrian-friendly setting of the centrally-located community. A short walk to NJ Transit’s direct train line to New York City puts Manhattan at your door step. Morristown is a great place to live, work, play, dine and entertain without the need to drive.

For more information on the grand opening of 40 Park, please call (973-359-0010), or visit the community’s newly-remodeled website at http://www.40park.com which highlights the luxury condominium’s unique lifestyle offering. 40 Park’s new onsite Sales Center, located in an eye-popping Penthouse home, is open seven days a week from 10 a.m. to 6 p.m. and is located at 40 West Park Place, Morristown, NJ 07960.
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