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CLIFFSIDE PARK, NJ-Construction is just under way for Aurora Over the Hudson, a two-tower residential condo development here. The project is being done by Aurora Development, a joint venture of a trio of developers, Pinnacle Downtown of Chatham, Kohl Partners of Teaneck and the locally based Craftex Builders Inc.

Aurora Over the Hudson, located on the Palisades overlooking the Hudson River opposite Manhattan, carries a construction price tag of $150 million. Its 131 units will encompass two- and three-bedroom units in two, 11-story towers. The residences are slated for delivery by the developers in 2010.

And those units will carry an upscale price tag for prospective owners, in a range of $1 million to $2.5 million, reports Mary Boorman, Pinnacle Downtown's SVP for development, sales and marketing. Formal plans had been unveiled in March after local approvals were cleared, and since then, "we sold more than 10% of the homes before there were even shovels in the ground," she says.