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Historic Redevelopment Inspired by Italian Town

MONTCLAIR, NJ, APRIL 3, 2006 — Prospective buyers continue to be drawn to the desirable Siena at Montclair, Pinnacle Downtown’s newest luxury condominium and mixed-use complex located in Montclair, New Jersey. The Siena, a smart growth development located at South Park and Church Street, features 101 luxury condominiums including one-and two-bedroom designs as well as exciting retail space.

“Pinnacle is thrilled with the response to The Siena,” said Mary Boorman senior vice president of marketing of The Pinnacle Companies. “The Siena was strategically designed to offer something for everyone. It accommodates busy New York City commuters, as well as people who are looking for a new living and retail experience in the heart of prestigious Montclair. The strong demand for these homes drives home the point that Pinnacle’s The Siena is ‘what’s next’ in luxury living.”

This fabulous complex, located on the former Hahnes department store site, is being developed by Pinnacle Downtown, a subsidiary of The Pinnacle Companies, and Kohl Partners. Prices for the units will range from the $400,000’s to the mid-$800,000’s. The seven-floor building will also feature 40,000 square feet of ground level retail space, which will include a New York Sports Club.

Prestigious Montclair is a community of over 38,000 inhabitants. Montclair’s beautiful views and hillsides have become a haven for artists and writers. This is a seasoned community whose many old houses enhance its charm, yet at the dawn of a new century, Montclair remains one of the most vibrant communities in the state with an eclectic mix of restaurants, galleries, museums, theaters and other cultural venues.

The Siena sales office is located at The Georgian Inn, Unit M-2 at 37 North Mountain Avenue in Montclair, New Jersey. Open from 10am-5pm, Monday through Friday, and 11am-5pm, Saturday and Sunday, in-office inquiries are by appointment only. The sales office makes it easy to visualize the homes through virtual technology and lifestyle video presentations. Sales professionals will be on hand to guide homebuyers through a virtual tour of the community as well as individual units.

To learn more about The Siena please call the sales office at (888) SIENA NJ or visit the website www.sienaatmontclair.com. Brokers are welcome.

The Pinnacle Companies which includes Pinnacle Communities, Pinnacle Custom and Pinnacle Downtown, is among the most respected real estate development and investment companies in the New Jersey and Connecticut markets. Since the Company’s founding in 1984, Pinnacle has built in excess of 3,000 luxury attached and detached homes. Kohl Partners, LLC has been developing residential housing in New Jersey and New York since 1953. Together Pinnacle Downtown and Kohl Partners bring a wealth of expertise and innovation to the Siena.

For more information on Pinnacle Ltd., visit www.pinnaclecompanies.net or contact the company’s Chatham headquarters at 973-379-1900.