After More Than a Decade of Construction, the Multi-Million-Dollar Project Is Coming to a Close; what prospective tenants and Long Branch residents can expect from much-anticipated Pier Village condos
Long Branch, New Jersey: Acclaimed real estate developer, Extell Development Company, is excited to announce the much-anticipated Pier Village revamp is almost complete. In the first two phases, New Branch residents and visitors saw the Jersey strip go from typical beachfront to thriving commercial and residential space that includes 492 rentals units and over 30 shops and restaurants. Now, over a decade later and the third and final phase in progress, the real estate development company (with help from top architectural and design firms) builds The Lofts Pier Village, 245 luxurious one- to four-bedroom condominiums overlooking the Jersey waterfront.
The Lofts Pier Village is the first New Jersey development project for the Manhattan-based developer. Wanting to combine New York luxury with New Jersey charm, they teamed up with established Jersey architectural firms, Shore Point Architecture and Mesillo + Bauer Associates, Inc., and leading design studio, Childs Dreyfus Group.
“Part of the vision for Pier Village is to bring our level of expertise in real estate development to the Jersey Shore,” said Anna Zarro, Extell’s SVP of Sales and Leasing. “That includes floor plan design, quality of construction, luxury finishes, and five-star services and amenities.”
Of the many amenities, tenants can look forward to the outdoor lap pool, 24-hour security, concierge and porters, and state-of-the-art fitness center and yoga studio, as well as a complimentary shuttle and close proximity to New York City. Thanks to the city’s 30-year tax abatement (pilot) program, buyers can also enjoy lower property taxes. As for Long Branch, the city can expect to reap economic benefits, as once-desolate neighborhoods turn over to several of hundred thousand, even multi-million-dollar properties. Construction on The Lofts Pier Village is underway, and initial occupancy is expected for 2020.
To learn more about the New Jersey beach condos, contact The Lofts Pier Village Office at (732)-847-0010 or email info@PierVillageLofts.com.
About Extell Development Company: Extell Development Company is a nationally acclaimed real estate developer in New York City, NY. Founded in 1989, Extell Development builds retail, residential, commercial, hospitality, and mixed-use properties in Manhattan and prime real estate areas across the US. It is known for many of New York’s iconic properties, most notably the record-breaking, 1,000-ft-tall tower, One57.