Stephen G. Kliegerman
President of Development Marketing
Regional Spotlight—Halstead Property Development Marketing and West 147th Associates LLC, the developers of PS90, a Harlem, New York-based school-turned-condo development, recently announced a new tuition incentive of $1,000 per unit for buyers who sign new contracts by September 30th.
PS90, a premier residential development, is the redevelopment of a circa 1905 elementary school, and this incentive pays homage to the building’s history.
Developers note that the incentive is recommended for school-related activities, such as taking a class or adding to a college fund. The incentive will be given as a credit after the buyer provides a bill or receipt for their school-related expenses incurred within three months of closing on a contract.
“As another school year begins, we wanted to find a way to entice buyers, but also encompass the history of PS90,” says 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 part of their future.”
Tuesday, August 30, 2011