Montclair, NJ — The Hampshire Companies, a full-service, private real estate investment and development firm, and The Pinnacle Companies, a privately held regional real estate development firm, announced the opening of The Clair, a 40-unit luxury multifamily community, located at 37 Orange Rd. in Montclair.
Located steps away from Montclair’s dynamic Bloomfield Avenue corridor, The Clair offers highly adaptable residences paired with an amenity package unmatched in the local market.
Designed by Minno & Wasko, The Clair’s studio, one and two-bedroom apartments are built around the needs of today’s apartment residents with open floorplans, high ceilings, floor-to-ceiling windows, walk-in closets, stainless steel appliances and kitchen pantries. Beyond their homes, residents can enjoy a comprehensive amenity package that includes valet parking, package service, community wi-fi, EV charging stations, a clubhouse and business center, an outdoor courtyard with grills, a roof terrace and in-unit house cleaning.
Residents of The Clair enjoy exclusive access to the adjacent 159-room MC Hotel, built by The Hampshire Companies and The Pinnacle Companies, which offers a wealth of amenities including a fully-equipped business center, stylish indoor/outdoor lounge spaces, a modern fitness center, and convenient drop-off dry cleaning services. Additionally, the partnership provides residents with special perks such as discounted hotel rooms and catering events and savings at the hotel’s Allegory Restaurant & Bar, MC Market and the award-winning Alto Rooftop Lounge.
“Apartment residents today seek opportunities to connect not only with their fellow residents but also with the vibrant community right outside their doors,” said James E. Hanson II, president & CEO of The Hampshire Companies. “We are confident that The Clair’s comprehensive amenity package and prime location at the gateway to one of the state’s most dynamic downtowns provide the perfect environment to foster these connections.”
“The Clair will offer residents a boutique living experience with only 40 residences, unparalleled amenities and hospitality services” added Brian Stolar, president and CEO of The Pinnacle Companies. “In addition to the outdoor club level courtyard and rooftop amenities, the Clair offers a 4,000 s/f street level plaza that residents will enjoy as well.”
Jeff Sica, president, CEO, chief investment officer of Circle Squared Alternative Investments, a partner on the project, continued, “It is an honor to be involved with bringing this beautiful project to what we consider the most exciting town in NJ.”
OceanFirst Bank provided financing for The Clair. The Hampshire Companies has tapped Sparrow Asset Management to oversee leasing at the community. The Hampshire Companies will serve as property manager upon stabilization.
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