WPCNR MAIN STREET JOURNAL. By a White Plains CitizeNetReporter. October 5, 2004: A WPCNR reader toured the Trump Tower at City Center Sales Office Monday, and files this report about their impressions on how Trump Tower at City Center is being presented:
Hi John,
As you probably know, the sales office for the Trump Tower and the Loft building at City Center opened last weekend. My wife and I made an appointment and spoke with a sales agent. If you haven't already done this you should certainly go to the office and hear the sales pitch. My impression is that given the amenities and quality of the apartments, the prices are very attractive.
I believe that the apartments with the best exposures, layouts and views are being snapped up. There may even be investors who are buying now and looking for a quick profit by reselling when the building is complete.
There is only one negative I found and that has to do with the parking. Most condominiums in Westchester include one or two parking spaces as part of the purchase price ; you usually own your parking space and it will appear in your title. At the City Center, Capelli will remain the owner of the parking garage and will be renting the spaces to the condominium owners. The parking space rental will be $100/month and there is no guarantee that this will not increase over time.
Another negative feature of the parking is that the garage will have valet parking. This makes sense for Capelli, because with Valet parking many more cars can be parked in the available space (each earning $100/month). This is probably a workable arrangement in Manhattan where during the work week most people take public transportation or walk, and only use there car on weekend trips to the Hamptons.
In Westchester, we are accustomed to having a car available for trips multiple times each day and the thought of calling ahead each time to have a valet retrieve our car would be strange indeed. And what about the 100+ morning auto commuters all coming down to the Valet between 7:30 and 8:00 AM asking for their cars to get to work. That should be very interesting.
Just thought you might be interested.
A White Plains CitizeNetReporter
