When it comes to new construction in Jersey City’s Journal Square, no firm is more prominent than Kushner Real Estate Group, which has continued development of the massive Journal Squared complex with the recent ground-breaking of the project’s second skyscraper, now climbing above ground level. YIMBY spoke with the firm’s eponymous president, Jonathan Kushner, to discuss the site and its impending second and third towers, KREG’s general portfolio growth, as well as Mr. Kushner’s outlook on the state of the neighborhood and the local market.
Located in Greenwood Heights at 185 18th Street, a new upcoming residential building named Arbor Eighteen just launched sales. With eleven stories consisting of 73 condominiums, the project is designed by Isaac & Stern Architects with interiors carried out by Paris Forino. The developers are Adam America and CGI Strategies. Halstead Property Development Marketing’s The Aguayo Team is handling the marketing and sales for Arbor Eighteen.
After topping-out at the end of 2018, 99 Hudson Street has become the tallest skyscraper in both Jersey City and all of New Jersey, standing 900 feet to its rooftop. The 79-story residential building will have 781 units with perfect uninterrupted views of the World Trade Center, the morning sun, and afternoon sunsets to the west. Perkins Eastman is the designer of the tower, while the developer is China Overseas America. Plaza Construction is the main contractor, while DeSimone Consulting Engineers is the structural engineer. Vidaris is in charge of the facade, which is now quickly making its way towards the crown.
After topping-out last year above Morningside Heights, the Vandewater has now launched sales of its 183 condominiums. Located at 543 West 122nd Street, the 33-story residential building stands 391 feet tall, with a total scope of over 300,000 square feet. It is designed by Incorporated Architecture & Design, while SLCE Architects is the executive architect. Savanna is the project’s developer, while Halstead Property Development Marketing is handling sales.
Located between Sixth and Seventh Avenue in Times Square, 145 West 47th Street will soon yield a new 343-key hotel. Designed by Berg + Moss Architects, the hospitality project is well under way, and the first floor is now being formed and assembled. The building will stand 27 stories high when complete, and have a total square footage of around 141,500 square feet. The property was sold by Stahl Real Estate almost three years ago for $101.2 million dollars, and TriBeach Holdings is the new developer.