Suburban Trump towers offer new options

TRD New York /
Nov.November 19, 2007 03:19 PM

Just in case there was any threat of a winter sales slowdown at two Trump towers north of New York City, some unique options are now on offer. The 40-story Trump Plaza in downtown New Rochelle offers a “Rent Today, Own Tomorrow” program that allows buyers to lease for one year, with the option to buy at today’s prices at the lease’s end. The money paid during the lease would apply toward the purchase price. For a two-bedroom apartment, the average rent is $3,600 per month. Condos at the tower, which recently held its grand opening, are priced in the mid-$500,000 to $1.7 million range. Seventy percent of the tower’s 194 units have sold.

At Trump Parc Stamford, a “Bonus on Your Bonus” plan offers buyers the option of putting down 5 percent of the purchase price through Jan. 31, with the rest of the down payment due after this year’s bonus checks clear. More than 30 percent of Trump Parc Stamford’s 170 units have sold since the summer. The 34-story glass and steel tower is under construction and move-ins are slated for early 2009. Prices range from $670,000 for a one-bedroom to more than $3 million for duplex penthouses. TRD


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

From left: a rendering of 3 Sutton Place, Joseph Beninati and Gamma Real Estate's Jonathan Kallikow

Failed Sutton Place developer files for bankruptcy

(Credit: Getty Images)

Express to close 100 stores, stock jumps 21%

Flo Rida is building a vodka distillery in Fort Lauderdale Opportunity Zone

Flo Rida is building a vodka distillery in Fort Lauderdale Opportunity Zone

Real estate brokers are feeling more positive about the business for the first time since dark clouds started appearing a year ago. (Credit: iStock)

Brokers feeling more upbeat for the first time in a year: REBNY

Fathom Holdings CEO Joshua Harley (Credit: Fathom)

Virtual brokerage Fathom Holdings files for IPO

arrow_forward_ios
Loading...