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The Siena, Montclair's Premier Condo Building, Nears Sellout and Full Occupancy for Retail

The Siena earns praise for its prime downtown location, large residences, high-quality retail and luxury amenities, including concierge service


News provided by

The Pinnacle Companies

Nov 19, 2014, 02:47 ET

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MONTCLAIR, N.J., Nov. 19, 2014 /PRNewswire/ -- The Pinnacle Companies announced today that The Siena, a luxury mixed-use community on the corner of South Park and Church Street in Montclair, is nearly 100% sold out, with only a handful of units available for purchase. Only one 1,856-square-foot retail space is available for lease.

Photo - http://photos.prnewswire.com/prnh/20141119/159668

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"There is a growing demographic of both young professionals and empty nesters that are particularly interested in living in downtown Montclair," said Suzanne Kiall Benedetto, broker of record for Pinnacle Companies Realty Group, exclusive broker for The Siena. "The Siena is ideal for people that want a doorman building in a prime location just steps from Bloomfield Avenue."

Located in the heart of downtown Montclair, the 101 residences at The Siena are larger than many urban condos, ranging from 771 sq. ft. to 2,800 sq. ft.  Designed by the renowned The Childs Dreyfus Group in Chicago, The Siena offers best-in-class amenities, including concierge service, two passenger elevators, underground garage parking, on-site maintenance, a rooftop community terrace and an entrance foyer with marble accents and a water wall.

"The location of The Siena is ideal. It provides a bus stop to New York City right outside your door, a weekly farmers' market in the nearby plaza, views of Manhattan to the east and the Eagle Rock Reservation to the west," said Michael Ambrosi, who owns two units in The Siena.  "There is no better place in Montclair to be." 

The Siena offers 35,000 square feet of street-level boutique retail space, with retailers including Starbucks, New York Sports Club, Verizon, Supercuts and the Woodhouse Spa.  The Siena's newest retailers include Chocolate Works, the Heritage House restaurant and Jimmy John's gourmet sandwiches.

"I moved into The Siena two years ago and it has been the best decision I have made thus far. The Siena provides me with an incredible location and a beautiful apartment," said Andy Schwartz, owner of a two-bedroom unit at The Siena.  "Whether I'm walking down to get a coffee at Starbucks, working out at The New York Sports Club next door or going to grab a bite to eat, it is all within a short walking distance from my doorstep. It certainly can't get much better than that."

Residences within The Siena have stainless steel appliances, European cabinetry, ceramic stone bathroom floors, granite countertops, recessed lighting, in-unit laundry room, controlled heating and cooling systems and open concept living areas.

"A high-end building like The Siena is hard to find," said Randi Bennett, a real estate agent at Remax Neighborhood Properties. "My clients like the availability of the stores and restaurants and the New York City feel."

About The Siena

Inspired by Tuscany, The Siena is a seven-story luxury mixed-use community at 48 South Park Street (corner of South Park and Church Streets) in Montclair, NJ.  The Siena offers 35,000 square feet of street-level boutique retail space and 101 luxury condominium residences on the site of the former Hahne & Company department store.  The Siena project was built as a joint venture between The Pinnacle Companies, Kohl Partners and the Mandelbaum family. www.sienaatmontclair.com @SienaMontclair

About The Pinnacle Companies

The Pinnacle Companies, founded thirty years ago in 1984, is privately held and is among the most respected real estate development and investment companies in the tri-state area and Florida. Pinnacle is a developer and investment owner of residential, retail, office and hotel properties. Pinnacle has always been known as an innovator, able to anticipate trends in an ever-changing real estate market and create "what's next," particularly in complex mixed-use and redevelopment projects. Pinnacle is a full service real estate company offering investment, property management, brokerage, construction and workout services.

Pinnacle has earned many industry awards for its leading edge and best of breed projects, which have included over 8,000 residential units of all types and an extensive portfolio of commercial projects and buildings of over two million square feet, located in New Jersey, New York, Connecticut and Florida. www.pinnaclecompanies.net @ThePinnacleCo

SOURCE The Pinnacle Companies

Related Links

http://www.pinnaclecompanies.net

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