MONTCLAIR, NJ, May 22, 2007 — Pinnacle Downtown has announced that 50 percent of the homes in The Siena at Montclair have been sold, with occupancy expected for late fall 2007. The final exterior panels have been hoisted into place and work on the distinctive interiors is nearing completion.
"There has been a great deal of excitement as people witness The Siena’s transformation into a Montclair landmark, and they realize that this is truly what’s next in luxury living in the region," said Mary Boorman, Pinnacle’s senior vice president of marketing and strategic planning.
The Siena includes 101 luxury condominium units, including one–, two– and three–bedroom homes and 40,000 square–feet of boutique retail space on the street level. Prices for the homes, which range in size from 771 to 2,800 square feet, start at $389,990 and go to $1.3 million. All of the homes will include luxury features such as hardwood floors, granite countertops, European cabinetry, stainless steel appliances and stone bathroom floors that are usually considered upgrades. In keeping with its name, the entrance lobby of The Siena is designed and finished in the rich tradition of Tuscany, including natural stone, wood and a magnificent water wall.
The luxury appeal of The Siena’s homes, as well as their location in the heart of Montclair’s trendy downtown business district with easy access to midtown or downtown Manhattan, has made The Siena one of the state’s most popular and exciting new condominium developments. In addition to being close to public transportation, The Siena is also within walking distance of Montclair’s many restaurants, movie theaters, retail shops, art galleries, nightspots and recreational facilities.
"Montclair has long been one of New Jersey’s most desirable places to live because of its vibrant cultural community and the tremendous variety of shops and restaurants that will be just outside the doorstep at The Siena," said Boorman.
The Siena is being built on the site of the former Hahne’s Department Store, which had been vacant for more than 10 years. In addition to developing the landmark site, The Pinnacle Companies have become a strong supporter of the Montclair community. This year they will be the sole sponsor of Montclair’s Center Stage Concert series. They sponsored the Palio Music Festival in 2005, and donated $10,000 to a Montclair Economic Development Corporation fundraiser in 2006. The Pinnacle Companies have also supported the Business Improvement District and been a sponsor of Montclair’s "First Night."
The Siena sales office is located at The Georgian Inn, Unit M–2 at 37 North Mountain Ave. in Montclair. The sales office showcases the beautiful bathrooms and kitchens and is open from 10 a. m. to 5 p. m. Mondays through Fridays, and from 11 a. m. to 5 p. m. on Saturdays and Sundays. Virtual video tours of the new development are available. Photographs of The Siena’s construction are available on the Web site www.sienaatmontclair.com.
To learn more about The Siena call the sales office at (888) SIENA NJ or visit the Web site. Brokers are welcome.
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 www.pinnaclecompanies.net or contact the company’s Chatham headquarters at (973)379–1900.