The Lofts Pier Village in Long Branch Achieves 200 Sales

12/20/20

Limited Opportunity Remains at Luxury Jersey Shore Condominium

On the heels of a sales surge during the pandemic, national real estate firm Extell Development Company announced today that its first New Jersey project The Lofts Pier Village – an oceanfront condominium at the Jersey Shore beach town of Long Branch – has reached another significant sales milestone, having sold 200 residences. With only a few dozen homes left for sale, time is running out for buyers to call this oceanfront enclave home.

“It’s really no surprise that The Lofts Pier Village has experienced such great sales velocity, even during this time,” said Moshe Botnick, Vice President of Development at Extell Development Company. “With people more comfortable than ever with the concept of working remotely, The Lofts Pier Village, an attractive resort destination which is still in close proximity to New York City, offers buyers a year-round luxury escape and relaxing lifestyle for the long term. We are down to only a handful of one, three, and four-bedroom homes available.”

Winner of the prestigious NJBA SAM Award for Community of the Year, The Lofts Pier Village offers the ultimate seaside lifestyle and oceanfront escape and brings timeless luxury, breathtaking water views, and an exceptional suite of indoor and outdoor amenities to the Jersey Shore. Designed by Shore Point Architecture with interiors by The Childs Dreyfus Group, The Lofts Pier Village features 245 thoughtfully-designed residences. Each of the homes offers floor-to-ceiling windows, open layouts, and private outdoor terraces, as well as Extell’s signature custom finishes and high level of design. Many residences also include home office spaces ideal for remote working.

The lifestyle and service package at The Lofts Pier Village is unmatched. Acclaimed landscape design firm Melillo and Bauer Associates has designed a one-and-a-half-acre private outdoor park and amenity deck with exclusive access for residents. The resort-style amenities include an outdoor lap pool and cabanas, an expansive pool deck with towel service, a lounge area with fire pits and grills, a bocce court, and a lush landscaped park with meandering paths and relaxation lawns.

Additional indoor amenities include a fully-attended lobby with 24-hour concierge, a state-of-the-art fitness center with yoga studio and massage room, men’s and women’s locker rooms, a residents’ lounge with catering kitchen, screening and game rooms, a children’s playroom, pet washing station, package reception and mail room, bike storage, refrigerated storage, and indoor parking with electric car-charging stations.

The Lofts Pier Village is the centerpiece of a large-scale renovation to the Long Branch oceanfront. This new phase of Pier Village offers a fresh surge of dining and shopping options and exciting public recreational amenities, including an outdoor stage for live entertainment, a seasonal ice-skating rink, beachside shade structures, and complimentary bike racks.

The City by the Sea also features a one-of-a-kind custom handcrafted, wooden, indoor/outdoor carousel commissioned by Extell, which offers rides year-round on its classic carousel horses and school of imaginative sea creatures. This wonderful attraction provides entertainment for families and their kids visiting the popular beachfront destination. Each ride on the carousel is two-and-a-half minutes long and is handicap-accessible.

Pier Village is only a 15-minute drive from Asbury Park and an hour’s drive from New York City. Rail access is available via a shuttle service that takes residents directly to the nearby New Jersey Transit train station, offering an additional convenient travel option.

Prices on remaining units start at $619,000 and buyers also benefit from an unprecedented 30-year tax abatement (PILOT) program, which significantly reduces carrying costs. For more information, please call 732-847-0010 or visit www.piervillagelofts.com.

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