Plans Revealed as Jersey City to Consider 56-Story Tower Downtown
The growing Jersey City skyline could soon be getting another high-rise just a block away from the Hudson River as officials will soon be weighing a plan that would also bring more affordable housing and open space to Exchange Place. Last year, Jersey City advanced zoning changes for about two acres of land that includes the Battery […]
Hampshire, Claremont sell Jersey City rental properties with 362 units for $121 million
Rivet and Rivet 26 at 23 and 26 University Place Blvd. in Jersey City — Courtesy: Cushman & Wakefield By Joshua Burd The Hampshire Cos. and Claremont Development have sold a two-building, 362-unit apartment portfolio in Jersey City for $121 million, in a deal arranged by Cushman & Wakefield. According to a news release, Sym […]
Developer eyes 1,000 apartments, retail space in new plan for historic Orange hospital site
A plan by Gateway Merchant Banking would bring 1,005 apartments, 70,190 square feet of retail and commercial space and more than an acre and a half of public space to the former Orange Memorial Hospital property at 188 South Essex Ave. in Orange. — Rendering courtesy: Gateway Merchant Banking By Joshua Burd A developer has […]
Jersey City Approves Another 27-Story Tower Near Journal Square
A developer who is almost single-handedly transforming several blocks near the Journal Square PATH station has been greenlit to bring the next tower of redevelopment that includes more additions to a pedestrian plaza. During their January 28 meeting, Jersey City’s Planning Board approved an application to revitalize several lots at 32-38 Cottage Street. The properties, […]
Real Estate NJ’s 2025 Market Forecast
Editor’s note: This is part of a special advertising section appearing in Real Estate NJ’s January issue. Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it […]