Toll Brothers, Inc. builds luxury homes and residential communities across U.S. markets. News about TOL commonly covers new community openings, model-home grand openings, final sales opportunities, and planned collections of single-family homes, townhomes, and condominiums in regional markets such as Florida, Georgia, California, Texas, and Connecticut.
The company’s recurring updates also describe home designs, community amenities, buyer categories, and related operations in architecture, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing. Earnings announcements and conference-call notices add periodic reporting on home sales, deliveries, contracts, backlog, margins, and other homebuilding operating measures.
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Toll Brothers has launched two luxury home communities in Long Island, New York: Manhasset Crest and Toll Brothers at Dix Hills. Manhasset Crest features 46 home sites with prices starting at $3 million, offering six home designs over 5,000 square feet. The model home is expected to be completed by late spring 2023. Toll Brothers at Dix Hills has 30 home sites starting at $2 million, with a model home opening in summer 2023. Both communities provide easy access to major transportation routes, emphasizing luxury homebuyer experience with customization options.
Toll Brothers (NYSE:TOL) has launched The Meadows, a luxury master-planned community in Lake Forest, California, featuring 18 new model homes. The opening weekend attracted thousands of visitors, and over 50% of the residences are already sold. The community will consist of over 500 homes, priced between $1.5 and $2.2 million, with amenities like a recreation center, pools, and parks. Homes range from 1,900 to 3,600 square feet, offering modern designs and personalization options. The grand opening of the recreation center is expected in summer 2023.
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Toll Brothers City Living has launched sales for 151 Bay Street, a new luxury condominium in Jersey City's Powerhouse Arts District. This 34-story building features 259 residences with pricing starting in the low $500,000s. Designed with high-end finishes and a range of amenities including a Sky Lounge and fitness center, it aims to attract homebuyers drawn to its prime location near the Grove Street PATH station. As the final phase of the Provost Square development, it promises to enhance the local community.