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Cappelli Announces Innovative Design Concept for Purchasers in The Ritz-Carlton Tower II
First 50 Buyers of Villa or Penthouse Residences Will Receive Complimentary Architectural Services To Customize Their Own Luxury
By: PR Newswire
May. 23, 2007 02:00 PM
WHITE PLAINS, N.Y., May 23 /PRNewswire/ -- Cappelli Enterprises, the region's most dynamic developer, today announced a unique and exciting program that offers the first 50 Villa or Penthouse buyers of Tower II at The Residences at The Ritz-Carlton, Westchester complimentary architectural services to customize their own luxury condominium residence.
The launch of this innovative program coincides with the start of the sales campaign for Tower II, a new 44-story high-rise condominium that Cappelli Enterprises is building on Main Street in the heart of downtown White Plains, one of the nation's hottest real estate locations.
"This is a once-in-a-lifetime opportunity for 50 fortunate buyers to work closely with our world-class architectural team in custom designing a residence that is uniquely theirs. No one in this market has ever offered this kind of custom architectural design program -- but then again, no one in this market has ever built a condominium like The Residences at the Ritz-Carlton, Westchester," said Louis R. Cappelli, President of Cappelli Enterprises. "Our buyers deserve the very best -- whether it's the Ritz-Carlton's legendary five-star service, our first-class amenities or the opportunity to design their own dream home," he added.
Mr. Cappelli said a number of buyers in Tower I expressed interest in having creative input into the design of their new home. "Now as we launch our sales campaign for Tower II, we felt this was an opportune time to offer this unique design service to some of our buyers," said Mr. Cappelli.
The opening of sales at Tower II builds on the unprecedented success of Tower I, a 44-story high-rise with 185 residences that sold out less than eight months after opening for sales. Tower I will be completed this fall with residents moving in by year-end. Also opening this fall will be The Ritz- Carlton, Westchester hotel that is flanked by the two residential towers that form the $400 million complex.
The residences at Tower II will range in size from approximately 1,100 to 2,900 square feet and offer spacious floor plans from 1-bedroom, 11/2 baths to 3-bedroom, 31/2 baths. They are priced from $727,000 to $8,000,000. The 185 luxury residences in Tower II afford the same commanding views of the Manhattan skyline, Long Island Sound and the Lower Hudson Valley region that have made Tower I so popular with today's homebuyers.
"The sales success we've enjoyed with Tower I has been very impressive. We felt strongly that the Ritz-Carlton concept in residential living would be highly successful in Westchester. While the concept is a first in the market, it has quickly been embraced by discerning buyers who understand the incredible lifestyle advantages that can only be offered by a world-class player of the status of Ritz-Carlton. This is the right product, for the right community, at the right time," said Mr. Cappelli.
Mr. Cappelli said buyers are coming from both Westchester and throughout the region, including Manhattan. "Interestingly, we have found that many younger buyers have discovered the project and appreciate the tremendous quality and Manhattan-style amenities they can gain at significantly lower prices.
While we expected to attract many empty-nesters, we have been surprised at the number of young professionals who have bought residences. Many of them work in Manhattan and enjoy the convenience of being two blocks from the MetroNorth station and a half-hour train commute from Midtown," he added.
The City of White Plains is enjoying a remarkable renaissance in downtown living that began with Cappelli's Trump Tower and City Center, a downtown residential, retail and entertainment complex that opened in 2003. The re- birth of the city's downtown is now reaching new heights with The Residences at The Ritz-Carlton, Westchester. "It's very exciting to see the many new restaurants and night spots that continue to open," Mr. Cappelli commented. "Downtown White Plains has taken on a totally new feeling, and there's much more to come."
The Residences at The Ritz-Carlton, Westchester is an entirely new concept in residential living that combines the carefree convenience of a condominium with the amenities and services of a world-class hotel. Owners at The Residences at The Ritz-Carlton, Westchester will have exclusive access to a wide array of The Ritz-Carlton's legendary five-star amenities and services including maid service, room service, concierge, chauffeured Bentley service and luxury spa. Owners will also benefit from The Ritz-Carlton privileges around the world.
The hotel -- The Ritz-Carlton, Westchester -- featuring 123 luxury rooms will set a new standard for hotels in the market. It will feature a 10,000- square-foot luxury spa and fitness center; 10,000 square feet of meeting and special event space; and a 500-person ballroom. The hotel will also feature BLT Steak, one of Manhattan's premier restaurants, which will open a 102-seat restaurant in the two-story glass "winter garden" fronting on Main Street. BLT Steak, which is the personal stamp of acclaimed chef and restaurateur Laurent Tourondel, is scheduled to open this fall. A second restaurant offering magnificent views of Manhattan, Long Island Sound and beyond will be located on the 42nd floor of Tower I.
Cappelli Enterprises is a leading real estate developer and general contractor in the Northeast. Headquartered in Valhalla, NY, the company has built more than 10 million square feet of mixed use, retail, waterfront, residential, office building, laboratory and parking facilities. Cappelli has been the driving force behind the dramatic revival of downtown White Plains with the highly successful 1 million-square-foot City Center complex including the sold-out Trump Tower, Westchester's first luxury high-rise condominium, and now The Ritz-Carlton, Westchester hotel and The Residences at The Ritz- Carlton, Westchester. For more information about The Residences at The Ritz- Carlton, Westchester call (914) 946-9200 or visit
http://www.rcresidenceswestchester.com/.