Young Condo Buyers Taking the Next Step in Luxury Living

June 2, 2008 - PRLog -- For several years, young renters have been drawn to New Jersey’s Gold Coast because of the its unique atmosphere, dynamic nightlife and easy access to Manhattan. Today, these same savvy renters are becoming prospective buyers, seeking the same attributes when buying a new home. Many are finding all that they’re looking for at the Siena in Montclair— arts, music, boutiques, fine restaurants, nightspots and a beautiful new building with extraordinary detailing — at lower prices than those being offered at communities along the Hudson River.

The Siena At Montclair (http://www.sienaatmontclair.com), Pinnacle Downtown’s luxury condominium community, has become a popular destination for the sophisticated young buyer who understands the unparalleled value of moving to a place such as the heart of downtown Montclair, N.J.

“The City of Montclair, with its vibrant, thriving and cultured downtown, has established itself as one of New Jersey’s most desirable places to live,” said Mary Boorman, Pinnacle’s senior vice president for development, sales and marketing. “Many former residents of Gold Coast cities such as Hoboken and Jersey City are relocating to The Siena at Montclair to take advantage of a modern urban village that boats a short commute to New York City.”

Buyers at The Siena at Montclair enjoy all of the extras and amenities that define high-end urban living in the Gold Coast cities. In turn, sales at the Siena continue to be robust, with over 70 percent of the homes already sold and over 60 residents moved in.

The Tuscan-influenced mixed-use community includes 101 luxury condominium residences, including one-, two- and three-bedroom homes and 40,000 square feet of boutique retail space on the street level. Starbucks and New York Sports Club have already opened in the Siena village and soon to follow are a Dry Cleaning Station and Woodhouse Spa.

All of the homes include features such as hardwood floors, granite countertops, European cabinetry, stainless steel appliances and ceramic stone bathroom floors — usually considered upgrades at many other communities. Each home comes with private garage parking located underground. The exquisitely finished lobby continues the community’s Tuscan theme, including granite floors, custom carpet inserts lining the hallways, granite and marble paneling along the concierge desk and a wall of water flowing over the Siena logo. Even the elevators are Italian design inspired.

Prices for the homes, which range in size from 771 to 2,800 square feet, range from the low $400,000s to $1.3 million.

The Siena is a joint partnership between Pinnacle Downtown, a division of The Pinnacle Companies, and Kohl Partners. Prospective buyers can make appointments to tour the luxury residences at the sales center, located at the Siena on the fifth floor. The sales center is open from 10 a.m. to 5 p.m. Mondays through Wednesday and Sunday from 10 a.m. to 8 p.m. on Thursday and Friday and from 11 a.m. to 8 p.m. on Saturday.

For more information call (888) 743-6265 or visit http://www.sienaatmontclair.com

About The Pinnacle Companies:
The Pinnacle Companies, which includes Pinnacle Communities, Pinnacle Custom and Pinnacle Downtown, is among the most respected real estate development and investment companies in the industry for their ability to anticipate trends in the changing real estate market and create “what’s next” in luxury residential communities. Pinnacle’s innovative approach to development and creative problem-solving abilities are qualities that continually position Pinnacle as an industry leader in the real estate market. In 2006, The Pinnacle Companies was featured on an episode of “Extreme Makeover: Home Edition” for ABC television in the town of Bergenfield.

The award-winning company has built an enviable reputation in the sale and rental of luxury, active-adult and custom housing, as well as the office, retail and mixed-use markets. Since the company’s founding in 1984, Pinnacle has built in excess of 5,000 luxury attached and detached homes as well as several million square feet of retail, hotel and restaurant space. For more information on Pinnacle, visit http://www.pinnaclecompanies.net.