Stephen G. Kliegerman
President of Development Marketing
West 147th Associates LLC
Back to school offer at PS90
Halstead Property Development Marketing and West 147th Associates LLC, the developers of PS90, announced a new tuition incentive of $1,000 per unit for buyers who sign new contracts by September 30.
PS90 is the redevelopment of a circa 1905 elementry school. The new incentive pays homage to the building's history.
Developers note that the inventive is recommended for school-related activities, such as taking a class or adding to a college fund. It will be given as a credit after the buyer provides a bill or receipt for their school-related expenses incurred within three month of the closing on the contract.
"As another school year begins, we wanted to find a way to entice buyers, but also encompass the history of PS90," said Lisa Gomez, executive vice president of development at L+M Development Partners, Inc., the lead developer of PS90. "this incentive not only reflects PS90's unique past, but encourages buyers to make it a part of their future."
Located at 220 West 148th Street, PS90 features a total of 75 residences in a mix of studio, one-, two-, and three-bedroom homes.
Now over 85% closed or under contract, the nine remaining units range from $425,000 to $755,000.
Wednesday, September 07, 2011