Daily News from New York, New York • 537

DAILY NEWS REQ 3 Friday, November 1, 1985 QUanhaf fan 'Jew- town At 53rd Third RARITY for Manhattan, 12 new town houses are nearing Lft completion at Astor Terrace, a luxury condominium development at 245 E. 93d St In addition to the town houses, According to Jean Solomon, president of Solomon Equities, and a principal in the development, Astor Terrace was planned "with quality of life and meaningful amenities as top priorities." An approximately town house, including an adjacent patio garden, balcony and terrace, starts at $694,000. A model home is available for viewing by appointment Call (212) 427-8811. of the 33-story high-rise tower. Although Manhattan has its share of older town houses, new homes are unusual.

The Astor Terrace homes feature individual outdoor patio gardens, greenhousesunrooms, rooftop terraces, skylights and 14-foot ceilings in the living rooms. In the center of the complex is a private formal garden.Each resident will have a key to the garden. the complex includes a 279-unit aWO COMMUNICATIONS companies one in print trie otner in teiecom- miiniratinns will be tenants at high-rise of apartments and penthouses. The two rows of six town houses on E. 93d St and E.

94th St have facades of dark Ironspot velour brick, matching the facade "53rd At Third." an office building undar 1X1 Hl 0 0 0 for end-ef-siimmer special prices! construction in midtown Manhattan, announced David Lawrence, senior vice president of the Hines Organization. The 34-story oval office building, being built on Third Ave. between 53rd and 54th is a joint venture of Gerald Hines Interests and Sterling Equities, Inc. The glass and stone building, scheduled for initial occupancy in December, 1985, was designed by John Burgee Architects with Philip Johnson and will contain 580,000 square feet. One of the leases is with Eastern Newsstand for a newspaper and tobacco shop.

The other lease is with Telecom Plus International, Inc. A subsidiary of Telecom Plus will install and operate a multi-tenant, shared-use telecommunications facility in 53rd At Third. Hello, Central? Lawrence explained that Telecom Plus "is now the largest telecommunications interconnect company in the nation." Telecom Plus, he said, will provide tenants in "53rd At Third" with equipment for data processing and word processing, as well as a complete telephone system with access to such long-distance telephone services as least-cost routing. The newspaper and tobacco shop will occupy 326 square feet off the eastern side of the lobby. Eastern Newsstand leases and operates newsstands across the nation, including several in other Hines properties such as the RepublicBank Center in Houston and in two Hines office buildings in San Francisco.

Gerald D. Hines Interests is a national investment building firm, headquartered in Houston and with a Northeast regional office in New York City. The Hines organization operates in 23 states. Its current projects include office buildings in New York City, Boston and Washington, D.C. Since its formation in 1957, the Hines Interests has developed more than 66 million square feet of office, commercial, retail, hotel, residential and industrial space.

20 MODEL HOMES FOR YOU TO SEE 7 DAYS A WEEK 234 HOMES BUILT LAST YEAR ALONE QCC CHOICE PROPERTIES OLL AROUND THE LAKE! SITES BORDERING THOUSAND ACRE STATE PRESERVES! 1 designs tor style. Pocono Model Village World Preferred Bu.lders "Better Homes for A I America received the Belter Homes and Gardens" distinguished Bronze Medallion Award function quality and cost- controlled state-of-the-art construction tunc AWARDED THRU 2020 REALTY. INC BETTER HOMES ANO GARDENS PREFERRED BUILOfcHS- Otucn nuncj rn I MiVil lf 11 Villi' rnvn on i kj-- khu mm i i AfClCD ha th -i'Avj 3 1 t4s Iff'i'ALF 3TS2S IWMI TTTvv. in rm mm I nukc. r-i 11 'I'll r-rad? I NOW JUST Appreciation? ft mwM IB CONDOMINIUM RESALES through nnwM Govel Realtors have appreciated 30 on average, according to a survey by the Belleville-based real estate organization.

William W. Govel, president of Govel Realtors, reported that between 800 and 900 condominium units handled through the organization have appreciated at a rate of This special $2,250 down payment financing package gives qualified buyers our year 'round. 3 bedroom "Lakeside" home on a beautifully wooded homesite at Pocono Country Place a full service community served by central water and central sewer systems. With our 9V2 ANNUAL PERCENTAGE RATE 30 Year Adiustable Rate Mortgages, qualified buyers pay only $369 00 a month Interest rate adiustable semi-annually, and cannot go up or down more than 1 in that period with a ceiling of 6V2 over the term of the mortgage Rates tied to 26 week Treasury BillsMoney Market Certificates, tf today's Treasury Bill rate does not change, it is estimated your monthly payments after the 1st six months and for the balance of the term of your mortgage will remain at $359 00 Total Cash Price of this package is $44,990 and includes your homesite preparation, excavation, foundation and driveway, central water A sewer available Full interior and exterior construction of the "Lakeside" to include full insulation, heal, water heater, all plumbing and electric Complete kitchen cabinetry and all full bath fixtures and slan-dard accessories included All carpeted, wall-to-wall. Kitchen appliances are additional Landscaping is optional Site improvement, if Year 'round Lake Home on a Wooded Homesite in a Resort Community Central Water Sewer nL Private Lake mTe stocked with fish 30 within the last two years.

"No one can predict what the condominium market will be like in the future," necessary, is exua. explained Govel. "However, one can judge the favorability of the market by taking the economy into consideration. If the economy continues as it has. there most probably will FREE Boating 3 Beautiful Pools Beach Private Club Facilities not be a reduction in the condominium market." Govel cited the following projects as POCONO MODEL VILLAGE WORLD examples of condominium appreciation: P0C0N0 MODEL VILLAGE WORLD 263 COURTLAND ST EAST STROUDSBURG, PA 18301 Pica rnntarl me rinht awav nRIVE-UP ALLOWANCE no obligation to purchase TO QUALIFYING VISITORS WHO CALL FOR AN APPOINTMENT AND TAKE OUR MODEL HOME 4 COMMUNITY TOUR MONDAY THRU 550 Parkside Condominiums, Lyndhurst, N.J.

Originally contracted between $60,000 and $70,000, these units are now reselling FRIDAY. ALLOVVANLt lb Us UN saiunuHi a I'm inforoctafl in until htllTlP Ahd DIDDertV for $95,000 to $105,000. Valley Manor. Lyndhurst, N.J. In I already own properly and would like to build a dome OR COLLECT (717) 424-9197 1-8C 0-833-3053 CALL NOW: itially sales ranged from $64,000 to $74,000 pi-rmr uii noiuc cnnM THF CITY and.

within 12 months, are reselling for NAME Take the Washington Bridge into section of Rts. 611, 940 and 196. $85,000 to $94,000. Brandvwine Condominiums, Bellevil PHO'iE (A MUSf) i.fin ujea thru Dfilaware Water Gao ADDRESS le, N.J. Originally sold in 1983 between Deal nyni uiu 372 miles on 196 N.

and register for your model home and property tour at POCONO MODEL VILLAGE WORLD OH 11-1 into PA. Get off at Exit 44 (Scotrun) and make left at end of exit ramp onto Rt. 611 North. Travel 7 miles 54.000 to $64,000. these units are now I reselling for between $84,000 and $90,000.

L. reception center. to Mt. Pocono traffic light at mter- Govel partly credited his firm's "state-of- nrrnv renor, reouired Federal law and read sjgn.ng arming No federaJ atencv tjw aped tms or Mm th-art comDuter system." used by their marketing department, for their success in Pocons Country race ww--r condominium resales..