New Jersey

Cindy Xu of China Overseas America (in blue) and Jersey City Mayor Steven Fulop (to her left) at the groundbreaking for 99 Hudson Street.

Ground Broken for 99 Hudson Street, Jersey City, To Be New Jersey’s Tallest Tower

8:00 am on January 29, 2016 By Evan Bindelglass

On Thursday, at a little before noon, a groundbreaking ceremony was held for 99 Hudson Street in Jersey City. Located on a site bounded by Hudson, Grand, Greene, and York streets, the 900-foot-tall mixed-use condominium tower will likely be the tallest building in the state and one of the tallest residential buildings in the entire country. The event not only kicked off construction, but also provided a venue to show off new renderings of the project.

Rendering of 99 Hudson Street, January 2015. Via City of Jersey City.

Jersey City’s Towering 99 Hudson Street Gets FAA Clearance

7:00 am on January 12, 2016 By Evan Bindelglass

As 2016 will prove to be a pivotal year for the Manhattan skyline, a neighbor across the Hudson River is also seeing amazing growth. Just last month, ground was broken for the LeFrak Organization’s 444-foot-tall, 43-story, 376-unit tower in the Newport section of Jersey City. Now, we have word of an important step in the process constructing a much taller tower to the south near Exchange Place.

First Tower Of “Journal Squared” Tops Out At 53 Stories In Journal Square, Jersey City

4:00 pm on December 17, 2015 By Reid Wilson

Late in 2014, YIMBY reported on the ground breaking of Journal Squared’s first residential tower, located right around the corner from the Journal Square PATH station, in northwestern Jersey City. On Wednesday, Kushner Real Estate Group topped out the 53-story, 538-unit building, which stands 563 feet above street level, according to the Jersey Journal. Façade work is also now underway, and completion of the tower is expected in 2016. Once completed, Journal Squared will boast three towers and 1,838 residential units, along with 36,000 square feet of retail and restaurant space. The second tower to rise will stand 70 stories and the final tower will top out at 60 stories. HWKN is the design architect, while Handel Architects is serving as the architect of record.

Rendering of LeFrak's 43-story building in Newport, Jersey City. Credit: Arquitectonica

LeFrak Breaks Ground For 43-Story Residential Tower In Newport, Jersey City

8:00 am on December 17, 2015 By Evan Bindelglass

The skyline of Jersey City is on its way to getting another addition. It was announced Wednesday that the LeFrak Organization, which has been building in the city for decades, broke ground for a 43-story building, dubbed Ellipse, in the Newport section at the city’s northern end, just south of the Hoboken border.

Ceremonial Groundbreaking For 13-Story, 350-Key Hotel At 284 East Oakdene Avenue, Teaneck, New Jersey

11:00 am on December 11, 2015 By Reid Wilson

Over the summer, news broke of the planned 13-story, 350-key dual-brand hotel set to rise at 284 East Oakdene Avenue, in southern Teaneck, New Jersey, located immediately off exit 70 on the New Jersey Turnpike. According to Real Estate Weekly, Alfred Sanzari Enterprises recently held a ceremonial groundbreaking at the site, which is located adjacent to the Glenpointe commercial complex. The 147-foot-tall hotel will feature a Hampton Inn & Suites and Homewood Suites, both to be operated by Hilton. One hotel will be geared towards short-term guests while the other will accommodate extended-stay guests. A completion date has not been given, but excavation work is now imminent.

Tax Breaks Approved For One Journal Square’s 56-Story, 744-Unit Mixed-Use Tower, Jersey City

6:30 am on November 17, 2015 By Reid Wilson

Officially proposed last summer, New Jersey’s Economic Development Authority has approved $93 million in tax breaks for Kushner Companies and KABR Group’s planned 56-story, 744-unit mixed-use tower at One Journal Square, in Jersey City’s Journal Square district. According to the Jersey Journal, WeWork is expected to lease 101,000 square feet of office space on seven floors, and 78,000 square feet of retail space is planned on the bottom two levels. A second tower is also reportedly in the works, although completion of the first is expected in the spring of 2018.

Financing Secured For 364-Key Hotel Project At Port Imperial Ferry Terminal, Weehawken

2:00 pm on November 13, 2015 By Reid Wilson

Roseland, a branch of Mack-Cali Realty Corporation, has landed $94 million to build a 364-key hotel development at 500 Avenue At Port Imperial, in Weehawken, New Jersey. According to Real Estate Weekly, the project will include a 210-key Renaissance hotel and a separate 154-key Residence Inn, both to be operated by Marriott. The hotel will be built atop an existing multi-level parking garage, and 15,000 square feet of outdoor space is planned on the sixth floor. Completion is expected near the end of 2017.

Seven-Story, 150-Unit Mixed-Use Project At 315 South Harrison Street Lands Financing, East Orange

1:00 pm on November 13, 2015 By Reid Wilson

Newark, New Jersey-based Blackstone 360 has secured $43.5 million in financing for their planned seven-story, 105-unit mixed-use project at 315 South Harrison Street, in East Orange, New Jersey. The building will be rentals and includes 30,000 square feet of ground-floor commercial space. Unfortunately, the structure will take on a tower-in-the-park configuration, per renderings by the developer. According to Real Estate Weekly, the financing will also be used to purchase Indigo 141, a 12-story, 105-unit apartment building a few blocks away at 141 South Harrison.

Seven-Story, 128-Unit Residential Project At 1475 Palisade Avenue Financed, Teaneck, New Jersey

4:00 pm on November 6, 2015 By Reid Wilson

Back in 2013, the Teaneck, New Jersey Zoning Board of Adjustment granted a variance to build a seven-story, 128-unit apartment building at 1475 Palisade Avenue. Now the developer, The Family Office, has landed a $30 million construction loan to build the project, according to Real Estate Weekly. The building will sit atop a two-story, 256-car parking garage, and residential units will have one- to three-bedroom configurations. An estimated completion date has not been released.

Four-Story, 104-Unit Residential Complex At 221 Bergen Street Complete, Harrison, NJ

3:00 pm on October 14, 2015 By Reid Wilson

The Hampshire Companies’ four-story, 104-unit residential complex at 221 Bergen Street, in Harrison, New Jersey — located a few blocks away from the PATH station — is now open for occupancy, according to Real Estate Weekly. CrownPoint Group is also a partner in the project, and the residential units will all be rentals. Ground broke on the project only a year ago. The building’s amenities include a lounge, fitness room, garage and storage areas, and a rooftop terrace.

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