Crystal Point
After launching sales roughly two years ago, the 269-unit Crystal Point condominium in Jersey City is 60 percent sold, according to developer Fisher Development Associates. The building began closings about six months ago, with roughly 50 percent of the units closed. Asking prices for the one-, two- and three-bedroom units start in the mid-$500,000s. Despite this good news, sales have not always been smooth for Crystal Point. The development was granted its second tax abatement in the summer of 2009, following sluggish sales. The Marketing Directors are handling sales at the building. TRD
