THE MONTCLARION AT BAY STREET STATION TO WELCOME LOCAL ART ORGANIZATION STUDIO MONTCLAIR

Montclarion.ValueThe developers of The Montclarion at Bay Street Station in downtown Montclair, New Jersey have announced two a significant milestones in the building’s emergence as a premier new residential address in one of the most attractive communities in Essex County.

Studio Montclair, a non-profit organization that hosts exhibits of professional and emerging artists, has signed a lease to occupy a 1,100 square-foot studio in the ground-floor retail space at The Montclarion at Bay Street Station, according to Richard Polton, a member of the development team.  The Studio Montclair space, located at 127 Bloomfield Ave, will feature a gallery, meeting facilities, workshops and offices for Studio Montclair.  There will also be eight large street front windows programmed for public art displays.

For two decades plus Studio Montclair has promoted culture and education in the visual arts in northern New Jersey through events, community programs, development workshops, lectures and talks, as well as curated art exhibits.

“We’re delighted Studio Montclair has decided to call The Montclarion at Bay Street Station home,” Mr. Polton says.  “This is a wonderful fit for both the organization, the neighborhood and residents of the building.  This growing arts organization will unquestionably enliven the Eastern Gateway area of Montclair and bring a range of activities to the neighborhood. We’re excitedly looking forward to a variety of openings, displays, sales and other art related activities that will engage a wide audience.”

The addition of Studio Montclair displays the developer’s support for the local arts community and vision to create a building that’s not only a residential landmark, but also great place to access the cultural resources of Montclair.  Studio Montclair’s presence will complement the contemporary and stylish architecture that defines The Montclarion at Bay Street Station and is expected to open this fall.

Equally as noteworthy as the Studio Montclair announcement, The Montclarion at Bay Street Station is nearing a complete lease-up with 32 of its 40 upscale one-and two-bedroom apartment homes reserved.  Value Asset Management, the exclusive leasing and management agent for the five-story LEED Silver building, is expecting to complete its leasing program less than five months after opening to the public.

Included in the remaining inventory are the building’s popular one-bedroom rentals priced at $2,250.  The homes are available for immediate occupancy.

The Montclarion at Bay Street Station has successfully tapped into the growing appeal of downtown Montclair and the increasing desire to live in an urban-inspired and walkable environment.  The building is ideally situated adjacent to the NJ Transit Bay Street Station whisking commuters to Secaucus Junction, Newark, Hoboken and Penn Station in New York City.   The building’s commuter friendly location is further enhanced by New Jersey Transit Busses available right outside.

The living spaces at The Montclarion at Bay Street Station offer open, well-conceived floor plans with designer finishes and appointments not commonly found in rental buildings. Homes will range from 745 square-feet to 1,522 square-feet and boast upscale interior elements such as 9′ plus ceiling heights, hardwood floors, oversized windows with Juliette balconies, modern style kitchens with stainless steel appliances, gas range and breakfast bar, abundant closet space and washer/dryers in each home.

The Montclarion at Bay Street Station features exercise room, rooftop patio, covered parking and the new home for Studio Montclair at the ground floor level. The building’s convenient location encourages pedestrian activity.  Within walking distance are the Montclair Center and the redeveloping Lackawanna Plaza and Glenfield Park.  There’s also easy walking access to nearby shops, including a Panera, a Smash Burger, PNC Bank and a 7-11.

Designed by Sionas Architecture, The Montclarion at Bay Street Station’s brick and glass exterior blends perfectly with Montclair’s motto “Where The Suburb Meets The City.” Contemporary, high-end design is extended throughout the boutique building’s interior spaces with a dramatic two-story lobby, bike racks, rooftop patio, exercise room and business center/lounge.

The Montclarion at Bay Street Station complements The Montclarion, a 56-unit rental building originally built in 1985 and recently upgraded.

For additional information on The Montclarion at Bay Street Station, please call 973-783-1250 or visit http://www.montclarion-apts.com.   A fully-furnished model home is available to tour.

About Value Asset Management

Value Asset Management was formed by Value Companies to provide full-service management capabilities and customized asset solutions to third-party real estate investment and property owner clients.  Headed by CEO and President Andrew Abramson, Value Companies boasts an impressive portfolio of approximately 3,226 multifamily apartments across fifteen communities in New Jersey and New York. Value Companies has received numerous industry awards for its various properties as well as being a 4-time recipient of the New Jersey Apartment Association Management Company of the Year award.

For more information, please contact Andrew Abramson, President and CEO of Value Companies, at its corporate headquarters at 973-473-2800 or visit www.valuecompanies.com.

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CBCF to Host 10th Annual Golf Classic August 7th at Mountain Ridge Country Club in West Caldwell, N.J.

2017 Gold OutingThe Cure Breast Cancer Foundation (CBCF) will host its 10th Annual Golf Classic on Monday, August 7th at the Mountain Ridge Country Club in West Caldwell, N.J., site of the USGA 2012 Men’s Senior Amateur Championship, the 2014 MGA Mid-Amateur Championship and has been one of Golf Week’s “Top 100 Classic Courses in America.”

The annual “Pink is the New Green®” event is one of the most popular and successful events sponsored by CBCF having raised millions to assist the efforts of the Foundation’s Scientific Advisor, Dr. Larry Norton.  Dr. Norton, Deputy Physician-in-Chief for Breast Cancer Programs and the Medical Director of the Evelyn H. Lauder Breast Center at Memorial Sloan-Kettering Cancer Center, is leading the fight against breast cancer with trailblazing work, and has discovered that cancer cell mobility and the interactions between the cancer cell and its microscopic environment are the key pathways to understanding and eventually eradicating breast cancer.

Reservations are now open for both the morning and afternoon sessions of The Golf Classic.  The morning session will begin at 7:00 a.m. with registration and breakfast, followed by a shotgun start at 8:15 a.m.  The afternoon session will begin at 10:30 a.m. with registration and breakfast and a 12:30 p.m. shotgun start.  An $18,000 winner-take-all-chip-off will take place immediately following conclusion of play.

The day concludes with a cocktail reception and awards dinner where Dr. Norton will address guests.  A raffle drawing will also be held for a 2017 Ford Mustang convertible, courtesy of Fette Ford. Those interested in participating in the 10th Annual Golf Classic can call (973) 471-CBCF (2223) or email register@curebreastcancerfoundation.org.

“Pink is the New Green was one of our first large-scale fundraising efforts and we’re incredibly proud of its growth in the past decade,” says Andrew Abramson, Treasurer and Co-Founder of CBCF.  “Of course, its success would not be possible without the commitment of the many participants, volunteers, corporate sponsors and business leaders who have kindly dedicated resources and time.  Their tireless efforts on behalf of CBCF have enabled us to support Dr. Norton’s important research and work towards finding a cure for breast cancer.”

CBCF is a Clifton, N.J.-based 501(c) (3) charity.  The organization has raised in excess of $6.5 million to assist the dedicated team of physicians and scientists at Memorial Sloan-Kettering Cancer Center in New York and New Jersey and their national and international collaborators.  Fully 100% of the net fundraising proceeds received by the foundation are donated towards research projects coordinated by Dr. Norton.

For more information on the CBCF, please call (973) 471-CBCF (2223) or visit http://curebreastcancerfoundation.org.

Cure Breast Cancer Foundation

The Cure Breast Cancer Foundation (CBCF) is a Clifton, N.J. – based not-for-profit 501(c) 3 charity devoted to fund research on the growth and spreading of breast cancer cells, also known as the Self-Seeding Theory, at the Memorial Sloan-Kettering Cancer Center in Manhattan and other national and international cancer research facilities under the direction of Dr. Larry Norton, who serves as the Foundation’s Scientific Advisor.  The founder and president is Carly Abramson.  Her father, Andrew Abramson, is Treasurer.  For more information, call (973) 471-CBCF (2223), e-mail info@curebreastcancerfoundation.org or visit www.curebreastcancerfoundation.org.

 

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The Montclarion at Bay Street Enjoys Early Leasing Success in Downtown Montclair, NJ

Montclarion.Value

The Montclarion at Bay Street Station, the boutique new rental building located adjacent to this New Jersey Transit train station, has quickly grabbed the attention of today’s renting public.

More than 50% of the 40 upscale apartments in downtown Montclair, N.J. have been leased following its official Grand Opening in early May, according to Value Asset Management (VAM), the exclusive leasing and management agent for The Montclarion.

The high leasing pace has translated to another important milestone at The Montclarion at Bay Street Station.  The first residents have arrived and the five-story LEED building is rapidly transforming into a friendly, thriving residential address.

“Just weeks after we officially launched the leasing program, we are already seeing incredible demand from renters looking for a luxury apartment in a vibrant, commuter-friendly location,” says developer Richard Polton.  “We’re thrilled by the positive feedback we’ve received from our first residents, who are enjoying its modern, designer homes, unique urban/suburban environment and great access to mass transportation and all that downtown Montclair is known for.”

The Montclarion at Bay Street Station is ideally situated at 125 Bloomfield Avenue adjacent to the NJ Transit Bay Street Station connecting to Secaucus Junction, Newark, Hoboken and Penn Station in New York City.   The building’s commuter friendly location is further enhanced by New Jersey Transit Busses available right outside.

The Montclarion boasts upscale one- and two-bedroom rental residences, including only seven exclusive top-floor Penthouse apartments with expansive outdoor terraces. Monthly rents start from $2,250 for one-bedroom homes and $2,650 for two-bedroom residences.  Apartments are available for immediate occupancy. Continue reading

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THE PRINCIPALS OF VALUE COMPANIES AND THE GOLDSTEIN GROUP LAUNCH FULL-SERVICE PROPERTY MANAGEMENT FIRM FOR RETAIL AND COMMERCIAL SECTOR

CLIFTON, N.J. – Andrew Abramson of Value Companies and Alan Goldstein of The Goldstein Group, the principals of prominent New Jersey real estate companies, have recently announced a new joint-venture partnership providing full-service management for retail, industrial and commercial property owners in New Jersey and New York.

Called Corestone Management, the new firm is expected to fill a significant void in the commercial marketplace by offering a complete package of advisory services and customized asset management.  Corestone will draw on over 100 years of combined experience in construction, operations, repair and maintenance, customer service, budgeting, demographic research and leasing to create a cutting-edge approach that blends traditional business methods with innovative techniques to effectively market and manage properties.

ABA press photo“We’re excited to announce this partnership and see tremendous growth potential in today’s competitive retail market,” says Andrew Abramson, President and CEO of Value Companies, an awarding-winning Clifton, N.J.-based property management firm and apartment owner and developer.  “Corestone Management will offer landlords and owners the advantage of an ‘in-house’ management utilizing Value’s expertise and leasing team utilizing Goldstein’s expertise that will raise the bottom line and increase the operating income of their portfolio.  Our goal is to create value by analyzing and improving properties, whether it’s through repositioning, renovating existing assets, tenant relations, maintenance operations and other programs.”

Alan Goldstein“The retail and commercial sector lacks a full-service provider of leasing and asset management,” adds Alan Goldstein, Chairman of The Goldstein Group, which has provided retail real estate services to landlords, national and regional chains, restaurants and local retailers for 30-plus years.  “With the high demand of landlords actively looking to outsource the management of their properties, we will now be implementing this important component to the services we provide.”

“Our clients have expressed strong interest in a company that could offer all the services they need under one umbrella.  That’s exactly what we’re providing with Corestone Management. We’re combining the expert retail knowledge and contacts of The Goldstein Group with the nearly 70-years of experience in property management of Value Companies to provide a highly-professional approach, detailed research tools and access to in-depth advisory services.”

For additional information on Corestone Management, please visit www.corestonemgmt.com or call 973-916-2952.

About Value Companies

Through its owned and managed portfolio of rental communities, Value Companies is an award-winning property management firm totaling over 3,000 apartments/homes throughout New Jersey and New York. Value Companies is proud of its numerous industry awards, including being a four-time recipient of the New Jersey Apartment Association’s (NJAA) Property Management Company of the Year award.

About The Goldstein Group

The Goldstein Group was founded in 1986 with a retail focused dedication to providing retail real estate services to its broad customer base. From the inception, we put the best interests of our clients first. Whether it be landlords, national and regional chains, restaurants, or local retailers, we offer clients personal attention, sophisticated research, and strategic business advice. Every member of our team is a talented real estate professional committed to the future of your success.

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Value Companies, Inc. Receives Multiple Honors at 23rd Annual NJAA Garden State Awards

value-companies-njaa-gsa-2016

CLIFTON, NJ – Value Companies, Inc. earned seventeen prestigious awards for its rental communities and dedicated real estate professionals at the 23rd annual New Jersey Apartment Association’s (NJAA) Garden State Award Ceremonies held on November 10th at the Ocean Place Resort and Spa in Long Branch, N.J.

Three of the Clifton, N.J.-based company’s apartment neighborhoods were dual award winners in “Excellence in Property Management” and “Excellence in Curb Appeal” — Foxhall Apartments in Passaic Park, N.J., Gateways at Randolph in Morris County, N.J. and 140 Mayhill in Saddle Brook, N.J.  Saddle Brook Apartments in Bergen County was also cited for “Excellence in Property Management,” while Crestview Apartments in Parlin and Dorchester Manor in New Milford took home individual honors in “Excellence in Curb Appeal.”

Value Companies’ talented staff was also highlighted at the event with eight members recognized in the premier “Maintenance Supervisor” category, including Wojciech Cebula, Antoni Golab, Jaroslaw Hahajko, Piotr Maj, Piotr Mroz, Miguel Truinfer, Kamil Wrobel and Tomasz Zieba.

“These awards are a testament to our dedicated management professionals whose hard work and commitment are evident in every aspect of our business, from property maintenance and appearance to on-site leasing, customer service and management,” says Jack Linefsky Vice President of Property Management for Value Companies.  “It is an honor to be recognized from colleagues within our own industry.  We take great pride in the communities we build and manage, and appreciate the acknowledgment from our peers.”

Value Companies boasts an impressive portfolio of approximately 3,188 multifamily apartments across fourteen communities in New Jersey, Pennsylvania, and New York.

For more information, please contact Andrew Abramson, President and CEO of Value Companies, at its corporate headquarters at 973-473-2800 or visit www.valuecompanies.com

About Value Companies

Value Companies, founded in 1952, is a leading real estate development, investment and management company.  Across its development division, Value Companies has embarked in new apartment developments and investments in strategic suburban and urban locations throughout the country.  Value’s development success is directly tied to its steadfast commitment and expertise in multifamily housing, and its ability to introduce new housing products that address consumer and community needs.

Value’s residential properties are built and managed by a highly-skilled, in-house management team of more than 80 industry professionals which oversee all aspects of Value’s communities, including construction, leasing, maintenance, property management and administration.  Value’s third-party management business, Value Asset Management (VAM), provides full-service management capabilities and customized asset solutions to a growing list of third-party real estate investment and property owner clients.  Value Companies also received numerous industry awards for its various properties as well as being a 4-time recipient of the New Jersey Apartment Association Management Company of the Year award.

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Newest Assignment Illustrates Diverse Capabilities of Value Asset Management

montclairion-iiFull Service Division of Value Companies to Handle Leasing and Operations at Existing 56-Home and Brand New 40-Unit Rental Properties in Montclair, N.J.

CLIFTON, NJ  – Value Asset Management (VAM), a full-service division of the Clifton, N.J.-based Value Companies, Inc., has been retained to oversee the leasing and management of two neighboring apartment buildings totaling 96 homes in the Essex County Town of Montclair.

The new assignment is reflective of the company’s ability to lead real estate operations at a broad range of property types, from existing apartment complexes in need of a reinvigorated management program to brand new rental buildings being brought to market.  The Montclair portfolio consists of The Montclarion, a 56-unit rental building originally built in 1985; and The Montclarion at Bay Street Station, a new five-story, 40-home LEED certified apartment building expected to open leasing in early 2017.

Value Asset Management will immediately take over management, leasing and marketing efforts on behalf of Richard Polton, the building’s owner and developer.

“The properties are in different stages of need and the owner was looking for one management company that was well-versed in handling both an established apartment community, as well as experienced in launching a leasing program for a new ground-up rental building,” says Jack Linefsky, Vice President of Property Management for Value Companies.  “With more than 60 years of developing, owning and managing apartment complexes, we were able to bring the type of insight and knowledge needed to achieve and maintain a high occupancy level at The Montclarion and execute a successful leasing program at The Montclarion at Bay Street Station.”

The Montclarion is located at 10 Pine Street and has recently undergone strategic renovations, including a new exterior façade and windows, new entryways; improved hallways, solar installation and upgraded kitchen and baths in many homes, to bring the property to market standards.  The building features 56 one- and two-bedroom apartments in a four-story elevator building.

Located at 125 Bloomfield Avenue, The Montclarion at Bay Street Station will offer 40 luxurious one-and two-bedroom homes and a select number of two-bedroom Penthouses. Homes will boast designer interior elements such as 9′ plus ceiling heights, hardwood floors, modern style kitchens and washer/dryers in each home.   Residents of will receive an idyllic apartment lifestyle thanks to recreational and social amenities located in The Montclarion at Bay Street Station.  Steps from their front door residents will find a rooftop patio, fully-equipped exercise room and business center/lounge.

The properties are situated feet from the Bay Street New Jersey Transit Station connecting to Secaucus Junction, Newark, Hoboken, Penn Station and New York City.  There’s also New Jersey Transit Busses available right outside the complexes with fast access into Manhattan. Continue reading

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Cure Breast Cancer Foundation Raises over $500,000 with Two Spring/Summer Events

CBCFCLIFTON, N.J. – The Cure Breast Cancer Foundation (CBCF), a Clifton, N.J.-based not-for-profit 501(c) 3 charity, has announced a successful start to its 2016 fundraising initiatives.

The organization’s keystone event – the 9th annual “Pink is the New Green®” Golf Classic held on June 13th – was one of the most prosperous on record, raising more than $500,000 to support the groundbreaking breast cancer research efforts under the direction of Dr. Larry Norton, the Deputy Physician-in-Chief for Breast Cancer Programs and the Medical Director of the Evelyn H. Lauder Breast Center at Memorial Sloan-Kettering Cancer Center.  Held yearly at the Mountain Ridge Country Club in West Caldwell, N.J., the 2016 golf tournament featured an exciting $18,000 Winner Take All Chip Off and raffle drawing for a brand new Ford Mustang convertible.

Preceding the Golf Classic, CBCF teamed up with Jena Karp, one of the most popular Flywheel instructors and a breast cancer survivor herself, for a special 45-minute indoor cycling experience to raise important funds and awareness.  The “Save The Tatas With Jena” event, which took place at Flywheel Sports-Tribeca in mid-May, and raised $7,100.

Fully 100% of the net fundraising proceeds received by CBCF during all fundraising efforts are donated towards research projects coordinated by Dr. Norton.

“The success of CBCF could not be achieved without our generous donors and participants and our dedicated business partners, volunteers and community leaders,” says Andrew B. Abramson, Treasurer and Co-Founder of CBCF.  “We continue to reach new heights thanks to their efforts and the overwhelming success of these two events demonstrates how our supporters are highly engaged with Dr. Norton’s work and committed to helping to find a cure for breast cancer. The Golf Classic and Flywheel events are a perfect springboard into our full schedule of fall fundraising activities.” Continue reading

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