TUXEDO,
N.Y., Dec. 18, 2023 /PRNewswire/ -- Lennar, one
of the nation's leading homebuilders, proudly announces the
acquisition of nine neighborhoods totaling 1,273 homesites in the
Tuxedo Reserve (formerly known as Tuxedo Farms) master-planned
community located in Tuxedo, New
York from Related Companies. With expertise across the
homebuying spectrum, Lennar will offer a variety of townhomes,
stacked townhomes, single-family and Active Adult
neighborhoods.
Situated in New York's southern
Orange County, Tuxedo Reserve will
offer the winning combination of convenient commutable access to
New York City and Northern New Jersey while embodying a small
town feel. Home shoppers will have an opportunity to own a
brand-new home in a master-planned community complemented by
exciting amenities including hiking and biking trails, sports
courts and a clubhouse.
"We are excited to expand our presence in the New York market and to have the opportunity to
bring our design expertise and industry leading innovation to this
one-of-a-kind location in this prestigious setting," said
Anthony Mignone, New Jersey / New York Division President for
Lennar. "We look forward to partnering with the Town of Tuxedo, New York to make this
master-planned community a destination of choice for those desirous
of the Hudson Valley home ownership lifestyle."
With a grand opening planned for the second half of 2024, Lennar
will offer all-new home designs that feature large-scale open
living spaces and thoughtful design details suited for the way
people live, work and play today. For more information, please
visit
https://www.lennar.com/new-homes/new-jersey/new-jersey/promo/cjhlen_tuxedo_reserve.
About Lennar Corporation
Lennar Corporation,
founded in 1954, is one of the nation's leading builders of quality
homes for all generations. Lennar builds affordable, move-up and
active adult homes primarily under the Lennar brand name. Lennar's
Financial Services segment provides mortgage financing, title and
closing services primarily for buyers of Lennar's homes and,
through LMF Commercial, originates mortgage loans secured primarily
by commercial real estate properties
throughout the United States. Lennar's Multifamily
segment is a nationwide developer of high-quality multifamily
rental properties. LENX drives Lennar's technology,
innovation and strategic investments.
Media Contact:
Danielle Tocco
Vice
President Communications
Lennar
Corporation
Danielle.Tocco@Lennar.com
Direct
Line: 949.789.1633
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content:https://www.prnewswire.com/news-releases/lennar-grows-new-york-presence-with-acquisition-of-1-273-homesites-in-tuxedo-reserve-master-planned-community-302009608.html
SOURCE Lennar