Site work has commenced on the 34-story tower that is expectedto take approximately 18 months. Since sales began in early June,officials with the developers say that more than 20% of the 170planned luxury condominium residences have been sold. Units arepriced from $670,000 for a one-bedroom to more than $3 million forduplex penthouse units.

Trump Parc Stamford is being developed by New York City-baseddeveloper Donald J. Trump, locally based Thomas L. Rich of F.D.Rich Co. and Louis R. Cappelli of Cappelli Enterprises of Valhalla,NY. While Trump has developed a number of luxury condo propertiesin Westchester County in partnership with Cappelli, Trump Parc istheir first venture in the Nutmeg State.

"We've been experiencing excellent sales activity over the pastfew months and expect the pace to accelerate in the weeks ahead,"says Jessica Rohm, senior managing director of sales and marketingfor Cappelli Enterprises. She adds that Trump Parc Stamford "isgenerating tremendous buzz among brokers and buyers alike. There isa huge pent-up demand in the Stamford area for the Manhattan-styleluxury that we're offering."

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.