40 PARK’S UNIQUE LIFESTYLE OFFERING HAS WIDESPREAD APPEAL

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Residents Convey Their Experiences on New Web Channel, www.WeLove40Park.com

MORRISTOWN, N.J – October 20, 2011 – (RealEstateRama) — With fewer than 15 luxury condominium homes remaining, 40 Park in downtown Morristown has successfully attracted homebuyers looking for an upscale living experience in a dynamic downtown setting. Residents range from young professionals and newlyweds to local retirees and people relocating from out of state. They may have had different reasons for moving, but all of them share a common adoration for the unique lifestyle 40 Park offers.

Many of them have happily shared their stories on a new YouTube Channel accessed through www.WeLove40Park.com, which hosts videos of residents displaying their spectacular homes and discussing their favorite aspects of living at 40 Park. Viewers can also watch a comprehensive property tour of 40 Park that takes visitors through a Signature Series condominium and a spectacular Penthouse residence, providing sensational visual footage of the homes’ dramatic living spaces and huge terraces, the outdoor public piazza and various points of interest in downtown Morristown.

“We’re thrilled that a number of our homebuyers are sharing with the world how happy they are with their new lifestyles at 40 Park,” notes Debra Tantleff, a Vice President of Development with Roseland Property Company, which developed 40 Park with Woodmont Properties. “The videos have helped prospective buyers better connect with the community and its residents.”

Ryan Weldon, a pharmaceutical professional, was one of the first buyers at 40 Park.

“I decided early on to buy rather than rent, and I definitely wanted something new,” said Mr. Weldon. “I visited the 40 Park sales center and the quality came across right away. The location was as good as it gets and I also felt Morristown was a sound investment because they had a comprehensive redevelopment plan in place.”

As one of the first purchasers, Mr. Weldon had his pick of floor plans and decided on an exquisite two-bedroom-plus-den design on the second floor.

“I am really enjoying living here,” Mr. Weldon said. “My criteria for buying included a convenient commute, a growing area, a lifestyle where I could park my car for the weekend and be able to walk to bars and restaurants, and a good investment. 40 Park has all of that, but what really sold me on this residence was the large terrace overlooking the Morristown Green.”

New resident Christine Conti-Collins loves all of the comfort, luxury and aesthetic beauty that comes with living in a 40 Park Penthouse. She takes maximum advantage of her location right in the heart of Morristown by exploring the city and enjoys spending time on her spacious outdoor terrace.

“This building has been even more comfortable than I expected,” Ms. Conti-Collins said. “We really love this home. It’s large. It has a remarkable terrace. And when those trees turn color, it’s like seeing a painting come to life. It’s breathtaking.”

Ms. Conti-Collins frequently goes into New York City with friends, so she also finds the proximity to the Morristown train station particularly convenient. “I would really recommend this to people who are looking for a real care-free way of living,” Ms. Conti-Collins said. “Once they’re in here, they won’t regret it.”
John and Maryrose Bianchi are certainly enjoying their care-free lifestyle at 40 Park. They fell in love with Morristown right away, leaving behind a dream lifestyle on the west coast to move there. The couple previously spent half the year in a stunning oceanfront home in Half Moon Bay, California and half the year in a luxury condo on the Las Vegas strip. Any regrets they had about leaving their current home on the West Coast quickly turned into excitement when they visited downtown Morristown and 40 Park. They decided on a gorgeous two-bedroom, 2.5-bath condominium with a den and two Juliette balconies that overlook the Green.

“We couldn’t believe our good fortune when this became available,” Ms. Bianchi said. “It was just what we wanted. We love the location, right on the Green, and the close proximity to a million great restaurants. It’s just a real easy, fun place to live, so we thought ‘wow, how lucky are we?’”

The combination of well-designed homes in a highly-amenitized building just steps from all that downtown Morristown has to offer has created wide-spread appeal for 40 Park, leaving a limited number of homes and specific floor plans available for sale. Remaining Penthouses are priced from $1 million to $2.2 million and include up to 2,700-plus square feet of living space and private terraces with up to 1,800 square feet of outdoor space. Two- and three-bedroom condos featuring a variety of layouts are available from the mid-$700,000s. Only two Penthouses that overlook the Morristown Green remain available.

40 Park homeowners also enjoy The Park Center, a private amenity floor within the building that includes a state-of-the-art fitness center, billiard tables, flat screen TVs and a media room. All homes also come with private, indoor parking and concierge service.

For more information on 40 Park and to make an appointment to tour the model homes – including a sensational Penthouse model, please call 973-359-0010 or visit www.40park.com. The community is located at 40 W. Park Place, Morristown, NJ 07960.

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