News: Brokerage

Grove at New Windsor celebrates one-year anniv. and sells 60% of townhomes; Developed by Baker Residential

The Grove at New Windsor will be celebrating its one-year anniversary in style with nearly 60% of its townhomes sold in 12 months. To mark the milestone, Baker Residential, developer of The Grove, is releasing brand new and improved two-bedroom floorplans at the popular community which is rising on the site of the former Stewart Military base in the Orange County. "It's been a remarkable first year at The Grove with 81 homes sold," Ashley Young, sales representative for Baker Residential said. "Our success can be directly traced to the value-packed homes, competitive pricing and historically low interest rates which make homeownership more affordable than ever. This record setting sales pace has left us with less than 23-bedroom townhomes available for sale. And with our inventory of homes quickly dwindling, homebuyers interested in these incredible housing opportunities should act quickly." To celebrate its one-year anniversary, The Grove will be hosting Open House weekends every Saturday and Sunday from 11 a.m. to 4 p.m. throughout January. In addition to the two-bedroom model homes, visitors can also tour two furnished three-bedroom models - the Spruce and Aspen - when attending the Open House events. Many of the sales at The Grove have been generated from homebuyers from New York City looking to trade in the hustle and bustle of city living for a suburban residential address. Two and three-bedroom homes at the community range in size from 1,800 to 2,600 square feet. Designer features can be found throughout the kitchen, baths and living areas; including luxurious master suites with vaulted ceilings, walk-in closets and private bath with double vanity, stall shower and soaking tub and gourmet kitchens with center islands. There are also one and two car garages, private deck or patio and many homes that include finished basements. There will also be a select number of brand new townhome designs available at the neighborhood. Commuter convenience is ideal at The Grove at New Windsor which is near Interstate 84 and the New York State Thruway. A variety of mass transit options are readily available including the Metro North and NJ Transit rail service and CoachUSA operated bus service via the 17K Park-N-Ride. Those flying out of or into the area will enjoy the ease that comes with having Stewart International Airport close by. Those looking for a grander shopping experience will be pleased to find the Woodbury Commons Mall, with over 200 specialty shops and outlet stores, only a short drive away. Residents at The Grove will enjoy an active and social lifestyle from the day they move in thanks to an existing 4,100 square-foot clubhouse which offers a host of amenities including a state-of-the-art fitness center, game room, residents lounge, outdoor swimming pool, tennis court and deck/patio with commanding views of the surrounding mountains and landscape. Nestled in the historic Hudson River Valley, The Grove at New Windsor boasts a country-like atmosphere with panoramic mountain views.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their