Residences Nearly Sold Out At the Only New High-Rise Condominiums in Palisades Park
The Tarragon Corp. (NASDAQ: TARR) has announced that Trio I, its new luxury high-rise condominium development in Palisades Park, is more than 90 percent sold.
The development, which consists of three buildings, is the only new residential high-rise condominium in Palisades Park. Trio offers one-, two-, and two plus-bedroom residences.
"We are excited that Trio I is nearly sold out, and Trio II is selling very well," said William Rosato, president of Tarragon Corp. "The development offers a unique, serene living experience. Residents love the beautiful lobby and the fitness center, which overlooks the trees of the adjacent meadow."
Rosato attributed the increased pace of sales to discounted prices, the advent of the spring market, favorable interest rate and a change in attitude among buyers, many of whom have decided to move forward after waiting on the sidelines for months.
Trio has 16 different floor plans and top-notch amenities and finishes, offering buyers a new level of luxury for Palisades Park. The development brings the glamour of a cosmopolitan lifestyle to a suburban setting just minutes from the George Washington Bridge.
The buildings at Trio collectively feature state-of-the-art fitness centers, a fully equipped business suite, a children's playroom and ample common areas. Trio II features a business center with conference room and a multi-purpose room with a terrace and a media room. The buildings' amenities are open for use by all residents. Trio I and II are mirror images of each other and will each offer a three-level self-park garage below the buildings.
Every residence at Trio is finished with hardwood floors throughout, plus marble floors in the master baths, granite countertops in the kitchens and baths, washers and dryers, stainless steel appliances by GE and fixtures by Kohler.
Trio was designed by a world-renowned team through the collaboration of Edgewater-based Architectura and the acclaimed New York residential designer, Ismael Leyva Architects. MY Studio, led by award-winning principal Meejin Yoon, designed Trio's interior environments, creating exceptional lobbies and resident amenity spaces. Alex Stark, a noted consultant, advisor and teacher on issues involving creativity, efficiency and design, acted as Trio's feng shui consultant. Model designers, Interiors by Steven G. http://www.interiorsbysteveng.com/ and Terrat-Elms http://terratelms.com/, furnished and decorated the model residences at Trio.
For more information on Trio, please visit www.triocondos.com
About Tarragon Corporation:
Tarragon Corporation (NASDAQ: TARR) is a leading developer of multi-family housing for rent and for sale. The company's operations are concentrated in the Northeast, Florida, Texas and Tennessee. To learn more about Tarragon Corp., visit the Web site at www.tarragoncorp.com.
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