Trump Park Residences Rolls Out an Attractive Incentive Plan for Real Estate Agents and Purchasers
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Yorktown, NY (2006-09-21) Real estate agents who sell a home at Trump Park Residences -- the new, $112 million, 141-condominium community being built in Yorktown for active adults 55-plus by developers Donald J. Trump, Louis R. Cappelli and Michael Cappelli, will enjoy a very attractive commission package.

The package features a 4% commission of which $10,000 is paid to the real estate agent within 30 days after the contract is firm. The balance will be paid at closing. Agents must accompany and register the client on his or her initial visit to Trump Park Residences in order to be credited for the sale. This incentive will run for a limited time and expire on December 1, 2006.

To further celebrate this new collaboration between Cappelli and Trump, purchasers are being offered an exceptional financing arrangement. Buyers can take advantage of the Trump Park Mortgage Program, which offers a 10-year, 80% mortgage based on a 30-year amortization at 5.5 percent interest for the first three years, and 6.5 percent for the next seven years; no points upfront; and no prepayment penalty.

At Trump Park Residences your clients will get Trump buying power, because qualified clients will be able to maximize their borrowing potential through a special Trump Park Mortgage Program, said Marge Schneider, Director of Sales. What makes this program particularly attractive is that if our purchaser doesn't require financing for the Trump Park Residences purchase, they can use it to sell their current home, she added.

These terms are based on availability and the buyer's qualification through a Trump Park Residences mortgage lender. The mortgage program can change at anytime without notice and will be offered on a limited-time basis.

Influenced by the grand Hudson River estates, Trump Park Residences offers the perfect blend of a breathtaking 50-acre setting overlooking a sparkling lake and distinctive, luxurious lifestyle amenities. Designed by award-winning Sullivan Architects of White Plains, the exterior is expressed in warm stone and stucco with European-red rooftops and private courtyards.

Inside, the sophisticated stone lobby will resemble a country club or grand hotel. A concierge will be at the residents service. The Club at Trump Park will feature stunning marble floors, magnificent stone fireplaces, tapestries and sumptuous furnishings. There will be a spacious adjoining terrace, library, private movie theater and business center, as well as a card and billiard room. An indoor and outdoor swimming pool, a state-of-the-art fitness center, and biking/walking trails throughout the site offer plenty of opportunity to indulge in a healthy lifestyle.

One of the most exciting aspects of ownership at Trump Park Residences is that residents will have the privilege of social or golf membership at the prestigious Trump National Golf Club, Westchester in Briarcliff Manor, NY. Trump National Golf Club is among the most highly regarded private clubs in the area. The Tom Fazio designed course is known as one of America's best.

At the Sales Center, buyers can visit three graciously appointed, full-sized model apartments designed by award-winning J.R. Cattington Interiors of Briarcliff Manor, NY. A magnificent building model of the luxury condominium showcased the location of specific homes within the attractive, three and four-story buildings.

Many homes will have expansive views of the lake or wooded area, and buyers can choose from one, two or three-bedroom homes that feature light-filled spacious rooms, nine-foot ceilings, crown moldings, hardwood floors, magnificent master suites and marble baths. Gourmet kitchens with desirable stainless steel appliances can be personalized with a choice of cabinet and granite countertop packages. Patios, eat-in kitchens and Juliet balconies are available in select homes.

Prices for the one, two and three bedroom homes range from the low-$500,000's to $1.2 million. The Trump Park Residences Sales Office is located at 3770 Barger Street, Shrub Oak. For more information or to make an appointment, call the Sales Center at (914) 245-0055 and visit www.trumpparkresidences.com

Trump Park Residences is a joint venture between Cappelli Enterprises and the Trump Organization. Cappelli is a prominent force in Northeastern real estate development, headquartered in Valhalla, NY, with a portfolio value exceeding $2 billion. TheTrump Organization is the world's most recognized name in real estate development worldwide. Together, these two teams are recreating and redefining the landscape of Westchester and beyond.

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