CONSTRUCTION ADVANCING FOR ALTESSA

UNION CITY, N.J. — Rocha Construction & Development is advancing construction for Altessa, a 15-story residential condominium building located in Union City. The property will feature 100 residences in a mix of one-, two- and three-bedroom units, which will range in size from 812 to more than 1,400 square feet. Prices will start at $310,000. Each unit will come with an on-site, secured parking space, and some of the units will include outdoor patios. Building amenities include a landscaped rooftop deck that features scenic views of the New York City skyline, an elevated outdoor pool and a running track. Other amenities include a fitness center and a lounge with a flat-screen television. The units will go on sale in early 2009. The completion date for the project was not disclosed.