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The First Apprentice Takes a Condo at The Boss's Tower. Posted on Monday, December 13 @ 23:03:04 EST by jfbailey

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WPCNR MAIN STREET JOURNAL. From Cappelli Enterprises. (Edited). December 13, 2004: Bill Rancic, who catapulted to fame as star of Donald Trump’s “The Apprentice,” is Westchester’s newest celebrity resident. The 32-year-old executive has signed a contract to purchase a two-bedroom luxury condominium in Trump Tower at City Center in White Plains.

 

TRUMP TOWER AT CITY CENTER is the building in center of your picture on the right, the building with the yellow cap. (The view is looking East Southeast over the city from 1,000 feet.) Photo by WPCNR News.

 

Mr. Rancic, whose new home in the 35-story tower offers commanding views of the Manhattan skyline, said Trump Tower at City Center combines the best of both worlds – Manhattan-style conveniences, quality and amenities without the high Manhattan prices. “Trump Tower at City Center offers Manhattan-style living that’s priced well below the Manhattan market, and it’s only 30 minutes from my New York City office,” said Mr. Rancic.



 

“A luxury high-rise condominium in Manhattan with the level of sophistication, convenience and spectacular views of Trump Tower at City Center can easily cost in excess of $2 million in Manhattan, and, typically it offers far less space,” he added.

 

Trump Tower at City Center features spaciously designed 1-, 2- and 3-bedroom residences priced from $600,000 to $1.6 million. Residents enjoy a full array of luxury amenities and services including 24-hour doorman, concierge service, garage valet parking, a fully equipped state-of-the-art fitness center, indoor and outdoor pools and tennis courts; as well as sweeping views of the Manhattan skyline and Long Island Sound. Residences feature high-end finishes including hardwood floors, stainless steel appliances, marble bathrooms, cherry kitchen cabinets, granite countertops and numerous other luxury features.

 

Mr. Rancic joins a growing roster of savvy homebuyers who have discovered the tremendous value of Trump Tower at City Center. Since opening for sales in October, contracts for 65% of the 212 condominiums have been signed.

 

Louis R. Cappelli, who is building Trump Tower at City Center in partnership with Donald Trump, congratulated Mr. Rancic on his purchase. “We are thrilled that Bill will be among the new residents who have chosen Trump Tower at City Center as their new home. Trump Tower at City Center offers the best in sophisticated, luxury high-rise living with all of the advantages of a Manhattan location but at a fraction of the cost,” Mr. Cappelli said.

 

Donald Trump praised Mr. Rancic for making “an intelligent quality of life decision. He will truly have the best of both worlds of living in a world-class luxury residence that is conveniently located in the heart of Westchester only 30 minutes from Manhattan and five minutes from Trump National Golf Course in Briarcliff Manor.”

 

Since joining The Trump Organization, Mr. Rancic has been overseeing the development of the new Trump International Hotel and Tower in his native Chicago. His development and promotional activities bring him to New York frequently and his Trump Tower residence will be his base of operations on the East Coast. 

 

Both the Trump Tower at City Center and The Lofts at City Center are the final components of the $325 million City Center complex that Mr. Cappelli is completing in the heart of downtown White Plains. They are scheduled to be ready for occupancy in Fall 2005.

 

In addition to the two luxury condominium buildings, City Center includes 450,000 square feet of retail, restaurant and entertainment space, as well as the 35-story One City Place that includes 311 luxury rental apartments, 50 percent of which have been leased since May 2004.

 

Mr. Cappelli noted that Bill Rancic typified the young professional who works in Manhattan but is “attracted to the sophisticated, high-rise and loft-style living that we are offering in White Plains.”  He noted that Trump Tower and The Lofts at City Center are also attracting empty-nesters who have sold their large single-family homes and are seeking maintenance-free living. 

 

“With more than $1 billion in new construction already started or about to begin, downtown White Plains is rapidly emerging as a true 24-hour city with thousands of new residents as well as new stores, theaters and restaurants all within easy walking distance of Trump Tower,“ said Mr. Cappelli.


 
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