Boraie Development

Waterfront rendering of Peninsula at Bayonne Harbor - NK Architects

Developers Granted Preliminary Approvals to Construct 1,250-Unit Complex in Bayonne, New Jersey

7:30 am on June 11, 2022 By Sebastian Morris

The Bayonne Planning Board has granted preliminary approvals for developers to construct what will be the largest mixed-use complex in the New Jersey waterfront city. Known as Peninsula at Bayonne Harbor, the development will comprise 1,250 residential units, 10,000 square feet of retail space, parking for 788 vehicles, a landscaped public park, and a waterfront promenade.

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40 Rector Street

26-Story, 169-Unit Mixed-Use Project At 40 Rector Street Lands Financing, Newark

12:30 pm on August 20, 2015 By Reid Wilson

Following the approval of a 30-year tax abatement and a false ground-breaking in 2013, Boraie Development is now expecting to begin construction on a 26-story, 169-market-rate-unit mixed-use building at 40 Rector Street, in downtown Newark, a few blocks north of Penn Station. The existing six-story building will expand, and 8,500 square feet of retail will be located in the base. According to NJ Advance Media, Goldman Sachs is financing the majority of the project, dubbed One Riverview, and permits are currently be acquired to begin construction.

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