NEW BRUNSWICK-Upscale rentals and penthouse condominiums are drawing strong early response at downtown New Brunswick’s The Vue, a building that offers walkway access to the train station close by.
About 25% of the 150 rental residences have been leased and ten penthouse condominium homes have been sold in the first three months, according to the New Brunswick Development Corp. Pennrose Properties is a partner with DEVCO in developing the complex.
Jacqueline Urgo, president of The Marketing Directors, Inc., which is handling both leasing and sales, tells GlobeSt.com, “The building is finding its market with a rare offering of both condominium and rental residences that appeals to people with different lifestyle needs and requirements. The development represents the continued evolution of New Brunswick from a collegiate center to a more rounded and sophisticated downtown location.”
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