New Jersey

Bayonne Bridge Reconstruction: Raising the Road on America’s Largest Suspended Arch Bridge

5:17 pm on April 22, 2016 By Vitali Ogorodnikov

In general, new construction reflects local real estate demand and community needs. But given New York’s position as a global economic hub, it is not surprising that one of the city’s largest engineering efforts is a direct response to a megaproject 2,200 miles away. The suspended roadbed of the 84-year-old Bayonne Bridge, which spans the Kill Van Kull strait between Staten Island and Bayonne, N.J., is too low for passage of the latest, giant container ships built to traverse the expanded Panama Canal locks. If the Port of New York and New Jersey fails to accommodate such vessels, the nation’s largest metro area would suffer considerable economic damage. To keep up with the canal’s expansion, slated to open later this year, the Port Authority is raising the bridge roadbed from 151 to 215 feet above the mean water level. The Navigational Clearance Project is expected to cost $1.3 billion.

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50 Kenny Place

Renovated 12-Story, 148-Key Crowne Plaza Hotel Opens at 50 Kenny Place, Saddle Brook, New Jersey

6:00 am on April 21, 2016 By Reid Wilson

Last summer, Houston-based Unique Hotel Management Group acquired the shuttered 12-story hotel at 50 Kenny Place, in Saddle Brook, New Jersey (in Bergen County). Now, after six years of sitting empty, the hotel has finally reopened as a Crowne Plaza, according to NorthJersey.com. The renovated hotel has 148 rooms, a redesigned lobby, meeting and event rooms, a business center, and a restaurant, dubbed SKY, located on the top floor. The distinctly cylindrical tower was built in 1971 as a Holiday Inn, but closed in 2010 following the financial crisis, prior to being acquired by Unique for $10.7 million.

33 Route 17 South

Fmr. Landmark Catering Hall to Become Self-Storage, Retail, Gas Station at 33 Route 17 South, East Rutherford

10:00 am on April 14, 2016 By Reid Wilson

Morristown, N.J.-based Hampshire Real Estate Companies has acquired the 3.2-acre property at 33 Route 17 South, in East Rutherford, located just west of the Meadowlands. The site is currently occupied by the former Landmark, a 225,000-square-foot, three-room catering facility that closed its doors 2013, and a 55,000-square-foot industrial building. Hampshire Cos. plans to redevelop the property into a 100,000-square-foot self-storage facility, a retail store, and a gas station, according to NorthJersey.com. It’s not known if the existing structures are going to be demolished, although it’s possible that they could be converted to fit the new program.

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