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Homebuyers Seminar at The Residences at Dixon Mills in Jersey City, NJ


Dixon Mills
WEICHERT NEW HOMES WILL HOLD HOMEBUYING SEMINAR AT THE RESIDENCES AT DIXON MILLS IN JERSEY CITY, N. J., AUG. 7

— Weichert to Answer All Real Estate-Related Questions as Attendees Learn About the Advantages of Owning vs. Renting —

JERSEY CITY, N. J. (Aug. 4, 2008) — In today’s real estate market, prospective buyers are plagued by uncertainty. With no way to gauge which way the market is heading, many individuals are not sure if it’s better for them to own or rent a home.
This question and more will be answered on Thursday, Aug. 7, when Weichert New Homes holds a homebuyers seminar at The Residences at Dixon Mills, Robert Martin Company’s landmark condominium conversion in Jersey City, N.J.

Expert sales agents from Weichert New Homes, the exclusive sales team for the community, will discuss the advantages of owning one of Dixon Mills’ stellar residences versus renting at other luxury communities along the Gold Coast. While there are many positives when it comes to owning a home, the savings a buyer will receive over the long term is the most important reason.

“Buying a home is clearly one of the most important decisions and purchases a person will ever make, and nowadays, many renters are hesitant to take that next step,” said Greg Berger, principal of Robert Martin Company, partner of Dixon mills. “This homebuyers seminar will outline the many reasons why purchasing a condo at Dixon is the smartest decision a renter could ever make. Just ask the over-115 buyers — the majority of them first-time buyers — who’ve already made the move.”

In addition to saving money, Dixon Mills’ residents enjoy homes that boast chic industrial architecture and one-of-a-kind floor plans. Studios, as well as one-, two- and three-bedroom condominium residences are available from the mid $200,000s. Over 350 one-of-a-kind floor plans, including duplexes and triplexes, are available to fit an array of lifestyle needs.

Many of the homes at Dixon Mills feature oversized windows and ceilings that range in height from nine feet to 12 feet; stylish gourmet kitchens outfitted with G.E. Profile stainless steel appliances and granite countertops; and luxurious bathrooms with Carrara tile floors, beautiful marble vanities, pedestal sinks and sleek finishes. Private outdoor patios with spectacular views of the Manhattan skyline and Statue of Liberty are available with select homes.
In addition to comprehensive upgrades in the residences themselves, extensive renovations and upgrades are now underway on the community’s courtyards, and work is progressing rapidly on the community’s lobbies and common area spaces. Most recently, the developers completed a sun deck in the community’s Landmark building courtyard.

The community recently submitted plans to start the construction of the Club at Dixon Mills, a comprehensive onsite amenities facility that will be housed in the community’s Powerhouse building, featuring a large fitness center, locker rooms, yoga/movement room, community lounge, media area indoor multi-purpose recreational court and a plug-and-play area for laptop computers. In addition to the planned Club, amenities include round-the-clock security, courtyards with grills, private shuttle buses to the PATH station and on-site management and parking.

The community is located just three blocks from the nearby Grove Street PATH station, offering direct access into Manhattan, as well as the neighborhood’s many retailers, restaurants and cultural and entertainment venues.

To register for the Aug. 7 homebuying seminar, call 201-309-1004. The seminar will be held in the Dixon Mills Sales Office, 158 Wayne St., Jersey City, N. J.

The Residences at Dixon Mills Sales Office is open from 10 a.m. to 6 p.m. Monday, Wednesday and Friday through Sunday; and from noon to 8 p.m. on Tuesday and Thursday. To visit the Sales Office, take Interstate 78 East to the Jersey City/Columbus Drive exit and stay straight to go onto Center Street. Make a right onto Christopher Columbus Drive. Turn right onto Brunswick Street and then left on Wayne Street. The Sales Office will be on your right.

For more information about The Residences at Dixon Mills, please call the Sales Office at 201-309-1004 or visit www.dixonmillsjc.com. Tours of the Sales Office and designer model condominium homes are available by appointment only.

About Dixon Mills
The five separate buildings that comprise The Residences at Dixon Mills were converted into apartments in the late 1980s. RGD Dixon, the venture between leading real estate development firm Robert Martin Co. and GoldenTree InSite Partners, is making a multimillion dollar investment in Dixon Mills by converting these historic buildings from apartments to condominiums, restoring the original architectural details, such as period brickwork, cobblestone-style streets, landscaped courtyards and turn-of-the-century streetlamps.

About Robert Martin Company
Founded in 1957, Robert Martin Co. has a long, distinguished history in real estate. The company and its partners have developed and acquired over 20 million square feet of property and its holdings presently include over two million square feet of office space and hundreds of acres of developable land. Widely regarded as a pioneer in office park development and mixed-use urban renewal projects, the real estate and investment firm has expanded from its home base in the New York metropolitan region into California and Florida, where it has recently partnered to buy over 600 hundred acres of land, approximately 2,500 apartments and a large mixed-use project in Miami, Florida. For more information on Robert Martin Co. visit www.robertmartincompany.com.

About GoldenTree InSite Partners
GoldenTree InSite Partners is an international real estate investment firm headquartered in New York City. The firm was formed in March 2005, in partnership with GoldenTree Asset Management. GoldenTree InSite Partners pursues value-added real estate opportunities through direct equity investment and non-traditional lending activities. To date, the firm has committed capital to residential, retail, industrial, office, hotel and mixed-use projects. GoldenTree Asset Management, with offices in New York, London, Los Angeles, Chicago and Dallas, manages a variety of absolute return strategies, which invest in bank debt, high yield bonds, distressed debt, middle market loans, equities and real estate and employs over 150 people. GoldenTree manages approximately $10 billion as of May 1, 2007, of which $7.6 billion is absolute return assets. For more information on GoldenTree InSite Partners, please visit www.goldentreeinsite.com.
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