HORSHAM, Pa., July 18, 2013 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) ( www.tollbrothers.com), the nation's leading builder of luxury homes, today announced its first closings and an update to its schedule of projected closings of condominium units at The Touraine, its ultra-luxury 22-story residential building at 135A East 65 th Street off Lexington Avenue on Manhattan's Upper East Side in New York City. The building includes twenty-two spectacular residences with one to five bedrooms, and one to five-and-a-half baths. To date, 21 of the 22 condominiums in the building are under contract and the first 15 have been delivered to residents this fiscal quarter. Toll Brothers now expects that by July 31, 2013, its third-quarter end, a total of 16 units representing approximately $50.7 million of revenues, will have been delivered to residents. The remaining 5 units under contract, representing approximately $38.3 million of revenues, along with the associated earnings, are now expected to be delivered early in its fourth quarter, which ends October 31, 2013.