1 Rector Park Opens to Extraordinary Sales Success

1 Rector Park, the new condominium conversion in Battery Park City, opened to unprecedented sales success, with over 30 contracts signed in the opening weeks.  According to Corcoran Sunshine Marketing Group, strong interest and sales are being driven by the building’s highly desirable waterside location and the fact that the building is completed, as well as attractive pricing that has been carefully calibrated to reflect the new realities of today’s market.  1 Rector Park offers superior value with studios to four bedroom residences priced from under $400,000.

To further empower today’s buyers, 1 Rector Park has paid close attention to the critical need for accessibility to mortgage alternatives. 1 Rector Park has received both FHA approval and FNMA conditional approval, which is separated into three marketing phases to facilitate closings much faster than the standard 50% of the building being sold. Moreover, 1 Rector Park has engaged lenders Bank of America, Met Life and Wells Fargo, each of whom have pre-approved the building and will provide mortgages to qualified borrowers.

Located on the corner of South End Avenue and Rector Place in Battery Park City, 1 Rector Park is surrounded by 36 acres of landscaped parks and protected open spaces, offering endless year-round recreational activities. From soccer and basketball, to jogging and cross-training, 1 Rector Park has it all, including shaded walkways, meadows, a marina, and plush green lawns.

Across from the entrance to 1 Rector Park is Rector Park, a unique waterfront setting with stunning views of New York Harbor and the Statue of Liberty.  A sophisticated garden in the finest European tradition, Rector Park is beautifully detailed with shaded benches, small lawns, and formal gardens.

Residences at 1 Rector Park are designed to optimize the building’s sweeping water views. Spacious and contemporary, most feature balconies with a few offering generous outdoor terraces. Adding variety of choice, the residences have been built with two different selections of flooring, kitchen and bathroom finishes.

A selection of thoughtful amenities has been planned to enhance the lifestyle at 1 Rector Park.  Highlights include Bar and Books, a private lounge and event space, and Little Door, a generously scaled children’s playroom. There is also a fully equipped fitness center, a business and homework center with state-of-the-art technology, as well as on-site parking, a 24-hour attended desk and Abigail Michaels concierge services.

Most importantly, 1 Rector Park is a completely finished building. Buyers can tour the residences, appreciate pivotal factors including space, scale, and light and visualize their new homes just as if they were already living there.

Corcoran Sunshine Marketing Group is now exclusively handling sales and marketing for 1 Rector Park.  For more information, or to schedule an appointment, please visit their onsite sales center and model residences at 333 Rector Park, or visit their website: www.1rectorpark.com