Hudson View Realty Announces
100th Sale in Luxury Troy Towers Coop!

Union City, NJ - December 22, 2009 – Hudson View Realty, the leading real estate firm handling sales and sublets in Troy Towers, a 320-unit luxury high-rise cooperative apartment building in Union City, proudly announces the sale of its 100th unit.  The unit, #2111, is a beautifully renovated one-bedroom near the top of the building and was sold by Albert and Lisa VanDenBerg on Tuesday, December 22nd.

Troy Towers, situated on The Palisades in a quiet section of bustling Union City near the border of Weehawken, is known for its unobstructed “million dollar views” of the iconic, world-famous New York City skyline. Just five minutes from the Lincoln Tunnel, the building offers full-service amenities such as 24-hour concierge service and security, a seasonal swimming pool, on-site covered parking, a fitness center and more. It is also one of the most highly ranked coops in New Jersey for its excellent financial profile, superior building maintenance and 90% owner occupancy rate, making it a very attractive investment to both lenders and buyers.

Hudson View Realty, founded in 2002 and located on the lobby level of Troy Towers, produces 60 to 90% of the sales in the building annually.  By its third year in business, Hudson View Realty was outperforming other brokers, including large franchises, not only in volume but in speed of sale and price achievement, according to Hudson County Multiple Listing Service statistics. more...

President and Owner of Hudson View Realty, Paula Brown, has been in real estate for eleven years and has lived in Troy Towers for over 20 years. As a long-time shareholder, she prides herself on being a resident expert on Troy Towers as well as its number one fan. “As a three-time coop unit owner since 1984 and having sold dozens in New York City as well as more than a hundred in New Jersey, I am able to apply personal experience, expertise and efficiency in guiding a buyer through the pre-qualification and coop board approval process,” says Ms. Brown. “My track record of successful coop approvals and closings is about 98%.” 

Hudson View realty achieves a high level of repeat and referral business based on its reputation for integrity, thoroughness, and value added service. “We provide detailed financing scenarios and comparative ‘apples to apples’ analyses to help buyers arrive at their decisions more quickly and confidently,” Ms. Brown adds. “Sellers likewise appreciate our attention to detail and our honest, under-promise/over-perform approach.” 

As an on-site broker and long-time resident, Ms. Brown enjoys a good level of built-in credibility. Anthony, the proud new owner of unit 2111, had been eyeing Troy Towers for two or three years, waiting for the right time and opportunity.  “Troy Towers seemed like a secure, well-maintained building,” says Anthony. “I also liked the close proximity to Manhattan, where I work.  Paula was extremely helpful, informative, and patient.  I liked that she was also a resident of the building, which enhanced my level of comfort in making my decision.”  He further quips, “I felt I could trust the validity of the information she was giving me – after all, if it weren’t true, I’d always know where to find her!”

For those who may not know what a coop is, it is actually a corporation that owns a building and grants shares of stock and proprietary leases to those who choose to live in it, while condos and houses are individual units of real estate. According to Ms. Brown, coops can be a highly desirable option for buyers seeking their personal residence since the coop board screening process limits financial leveraging, which helps to protect property value, and high owner occupancy results in a well-maintained character for the building. 

“Right now is a wonderful time to buy your own home,” advises Ms. Brown. “Prices are great – and interest rates are even greater!  Also, the $8,000 federal income tax credit for home-buyers has been expanded and extended through June 2010. So start looking and take advantage of it!”

Hudson View Realty is a full-service boutique agency that specializes in luxury coops and condos with New York City skyline views. The company lists and provides buyer agency services for properties in Union City, Jersey City, Hoboken, West New York, Guttenberg and other Hudson/Bergen County “Gold Coast” communities.

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For more information, please contact:

Paula Brown, (201) 866-6500
paula@hudsonviewrealty.com

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The above information and offerings, while deemed from reliable sources, are subject to errors, omissions, prior sale, rental, change of terms, or withdrawal without notice. Neither broker nor owners make any representation as to the accuracy hereof. © 2002-2009 Hudson View Realty, LLC