Construction is nearing completion on The Greyson, a 29-story residential tower at 25 Cottage Street in Jersey City, New Jersey. Designed by Handel Architects and developed by Nasser Freres, the building will offer 622 rental units in studio to three-bedroom layouts. The project was formerly known as The Cottage and is located between Summit Avenue and John F. Kennedy Boulevard.
Lions Group has secured a $200 million structured capitalization for Homestead Gateway, a 34-story mixed-income residential tower planned for 701 Newark Avenue in Jersey City, New Jersey. JLL Capital Markets advised on the capitalization and forward Freddie Mac commitment for the development, which will bring 360 new residential units, including 90 affordable apartments, to a site formerly occupied by a municipal parking lot.
YIMBY recently tour The Journal, a new two-tower residential and retail complex located at 36 Journal Square Plaza in Jersey City, New Jersey. Designed by Woods Bagot with interiors by 1159 and developed by Kushner, the nearly $1 billion project consists of two 64-story skyscrapers, approximately 2 million square feet of space yielding 1,723 rental units and 40,000 square feet of retail space. The property is bounded by Sip Avenue to the south, John F. Kennedy Boulevard to the west, and convenient access to the Journal Square PATH train to the northeast.
KABR Group and Kushner have received the Adaptive Reuse Award from the Jersey City Landmarks Conservancy for the redevelopment of the former Great Atlantic and Pacific Tea Company Warehouse at 130 Bay Street in Jersey City. Located in the Powerhouse Arts District, the historic 1913 structure has been transformed into the Arts & Powerhouse Building, a six-story mixed-use commercial property. Design and restoration efforts were led by Manhattan-based GRO Architects.
New images have been released of Bisby, a 34-story residential tower at 30 Park Lane North in Newport, Jersey City. Designed by Minno & Wasko and developed by LeFrak, the project yields 385 residences. The property is located adjacent to the Hudson River waterfront at the corner of River Drive North.
