Palm Cay hosts ‘reservations-become-reality’ night
Published: Oct 30, 2013
In an atmosphere charged with anticipation, prospective homeowners gathered outside the Palm Cay clubhouse for a reservations-become-reality night, eager for the groundbreaking approach to luxury condo sales at the $200 million development.
Guests were there with a mission in mind, to turn the interest they registered in one of the first 12 units of The Anchorage condominium complex in the gated, nautical community on New Providence's southeastern shore into reality.
Prospective buyers had previously made a fully refundable $5,000 commitment for one of the first 12 units available during Phase One. Some 15 reservations had come in, prompting Palm Cay to consider accelerating plans for the construction of Phase Two.
Each of the residences will have views of Palm Cay's gardens and all feature travertine tile floors, nine foot ceilings, terrace or balcony and access to Palm Cay's amenities including marina, beach, playgrounds, tennis courts, restaurant and bar.
“Tonight was a major success,” said Palm Cay’s Director of Marketing and Sales Zack Bonczek.
"We had a great turn out and the buyers were very excited and engaged throughout the entire process. It also gave people a chance to meet their future neighbors and that added to the fun and spirit that is becoming synonymous with Palm Cay." The community's recently introduced Friday happy hours and Saturday's lunches with family beach fun days. Both have drawn larger than expected numbers despite the need to reserve ahead.
During last week's event, reservation holders were called in the sequence that their respective reservations were made. Once a unit was chosen, it was marked off, visible to the other buyers declaring the unit was spoken for, creating more suspense.
Matthew Sands and Gabrielle Burrows, the first buyers to claim a unit shared their satisfaction.
"I was very excited that we were able to look at all the units and choose the best spot for us and get the first pick of our unit of 12 reservation holders," said Burrows.
The high-end Palm Cay development on New Providence's southeastern shore boasts the island’s largest small to mid-sized boat marina, 1,200 feet of white sand beaches, two tennis courts, pools, playground and clubhouse in a “family-oriented” community.