Category Archives: REAL ESTATE PROFILES

City of Jersey City Announces Plan for 95-Story Building Tallest in New Jersey

Building will  be New Jersey’s Tallest as Fulop Administration Continues to Develop a World Class Skyline

 Most Significant Condo Project in State’s History Speaks to Strength of Jersey City Housing Market and Fulop Administration’s Success at Creating Record Construction Boom

Jersey City Skyline as seen from New York River View Observer   JERSEY CITY – Already home to seven of the state’s ten tallest buildings, the City of Jersey City today announced an ambitious plan for a 95-story residential tower that at 950 feet would be “by far the tallest building in New Jersey, dramatically remaking the Jersey City skyline,” according to Mayor Steven M. Fulop. Continue reading City of Jersey City Announces Plan for 95-Story Building Tallest in New Jersey

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Advance Realty, DeBartolo Development Form Joint Venture Partnership to Develop Centerpiece Mixed-Use Project in Hudson County Town

JV will create 1,000 luxury multifamily residences and 20,000 square feet  of retail space in town’s Riverbend District

 Harrison, NJ, (Nov. 12, 2014) – Advance Realty and DeBartolo Development, LLC, have formed a joint venture partnership to develop six buildings on three blocks within the Riverbend District of Harrison, N.J. The large-scale mixed-use project will serve as the centerpiece in the continued revitalization of the Hudson County town.

The first block to be developed, located at the corner of Cape May Street and Frank E. Rodgers Boulevard, is slated for vertical construction to begin in early 2015. The building will feature 286 luxury multifamily residences, an onsite parking deck and extensive indoor and outdoor amenities. When completed, the project will include 1,000 apartments and 20,000 square feet of premium retail space on the three blocks.

Continue reading Advance Realty, DeBartolo Development Form Joint Venture Partnership to Develop Centerpiece Mixed-Use Project in Hudson County Town

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McGinley Square Tower Moving Forward, Expanding Jersey City’s Revitalization

The Jersey City Planning Board unanimously approved a 21-story tower planned for McGinley Square, directly south of the busy Journal Square neighborhood. The product of a joint venture between St. Peter’s University and Sora Development, the building will not only provide new housing options for the university, but is also expected to contribute greatly to the revitalization of the McGinley Square and Journal Square neighborhoods as the city’s redevelopment moves westward from the resurgent waterfront.
Continue reading McGinley Square Tower Moving Forward, Expanding Jersey City’s Revitalization

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NAI Hanson Facilitates $4.6-Million Sale of Jersey City Warehouse and Subsequent Lease Signing

CenterPoint Harbor LCC Acquires Property, Leases 54,000-SF Space to Iron Mountain Information Management

 harbor viewJERSEY CITY, N.J. (May 30, 2014) – NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced the $4.6-million sale of 106 Harbor Drive, a 65,000-square-foot, single-tenant warehouse property in Jersey City, N.J. The NAI team of Senior Vice President Tom Ryan and Vice President Barry Cohorsky represented the property’s seller, a family investor. Continue reading NAI Hanson Facilitates $4.6-Million Sale of Jersey City Warehouse and Subsequent Lease Signing

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Fulop Administration Announces $600 Million, Three-Tower Residential Project in Journal Square; Development will Kick-Start Revitalization in Heart of City

Mayor Steven M. Fulop address the attendance at his Ignaugural

JERSEY CITY – Mayor Steven M. Fulop announced today the administration’s plans to bring redevelopment to Journal Square, with a $600 million, three-tower residential project near the PATH station.
The project, by KRE Developers, will see three residential towers rise behind the Journal Square PATH station – on Summit Avenue between Pavonia and Magnolia Avenues. The three-phase project, called Journal Squared, will result in 1,840 market-rate units, as well as 36,000 square feet of retail space. Approximately 700 construction jobs will be created during each of the three phases, with ground expected to be broken later this year on the first phase.

“Jersey City residents have waited years, in fact, decades, for the revitalization of Journal Square,” said Mayor Fulop. “With this project, we will finally see real progress in Journal Square with a major residential development. We made a commitment that the success of development along our Hudson River waterfront would extend throughout the city, into areas like Journal Square and Bergen-Lafayette, and this project is the first example of how we are doing that. ” Continue reading Fulop Administration Announces $600 Million, Three-Tower Residential Project in Journal Square; Development will Kick-Start Revitalization in Heart of City

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RVO REAL ESTATE VIEWS: $2.8 Million Penthouse Purchase Sets Jersey City Record

77 Hudson Penthouse Condo goes for 2.8 Million in Jersey City
The Pool at 77 Hudson
in Jersey City

Jersey City, NJ, September 2013: 77 Hudson, K. Hovnanian’s® soaring 49-story residential tower on the Hudson River in Jersey City, has just achieved a new milestone. The sparkling blue-glass luxury high-rise building recently sold one of its few remaining unsold homes, a two-bedroom penthouse on the 48th floor, for a record-setting price of $2.8 million.

While the transaction marks the highest sale price ever paid for a residential condominium in Jersey City, according to Scott Waldman, 77 Hudson’s broker of record, “It does not represent the top of the line at 77 Hudson. This record sale is not the highest-priced home in the building. However, it certainly showcases the stark comparison between our 2,100 square-foot penthouse and similar apartment homes just across the Hudson. A comparable 2,100 square-foot condominium on the west side of Manhattan would cost between $5-7 million, if you could find it. This is a testament not only to the quality and the desirability of the homes at 77 Hudson and our close-to-everything location, but also to the rebounding strength of the housing market in New Jersey. This spectacular building is nearly 100% sold – and our final penthouses are the crown jewel of 77 Hudson, with views that are just breathtaking.” Continue reading RVO REAL ESTATE VIEWS: $2.8 Million Penthouse Purchase Sets Jersey City Record

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REAL ESTATE-YOUR HOME:Advanced, Custom Timber Frame and Log Home Manufacturers Make Design-Build Process Faster, Easier

 

House 1 metcalfehousewcap

Virtual tour of dream home simplifies the design process, sophisticated CNC equipment speeds construction

 

house 2 apsleycottagesmall

While building a custom home or vacation home has long been the dream of many couples, too often challenges in visualizing it, customizing it, or making changes have gotten in the way.  Or the design-build process has taken too long, with complications or hand-cutting materials on site delaying the project and unnecessarily raising costs.

 Fortunately, some of the most advanced timber frame and log home manufacturers are now simplifying the design process and expediting turnaround using technologies such as computer videoconferencing, 3D virtual home tours, and sophisticated automated prep and cutting of logs before the homes are constructed.  These advances are enabling customers to easily visualize and change home design – from significant layout changes to refinements such as raising or lowering a ceiling or window – which typically have been expensive and time-consuming to do after construction is underway.  Continue reading REAL ESTATE-YOUR HOME:Advanced, Custom Timber Frame and Log Home Manufacturers Make Design-Build Process Faster, Easier

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Annette Rubin Broker/ Salesperson at Exit on the Hudson in Bayonne Wins Award at Exit Convention

Annette Rubin Broker/ Salesperson  at Exit on the Hudson Realty in Bayonne New Jersey  received the Bronze Production Award at the 14th Annual 2012 EXIT International Convention Gala  held from October 24th to October 27th at the  Gaylord Opryland Hotel & Conference Center in Nashville, TN.

 

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Toll Brothers Launches 1450 Washington with Event for 90 Hoboken Brokers

12-Story, 157-Unit Luxury Tower Is First New Condominium to Break Ground in Hoboken since 2003

HOBOKEN, NJ—November 28, 2011—Hoboken Hudson Tea Complex has added a new member: 1450 Washington, 157 luxury condominiums.

On Thurs., Nov. 10 representatives from Toll Brothers thanked area brokers for helping them sell 40 percent of the new property. “And that’s before we even opened a sales office,” stated Ben Jogodnik, senior vice president of Toll Brothers as he addressed his guests.

Toll Brothers City Living, which is developing Hudson Tea and Maxwell Place, a total of nearly 3,000 luxury condominiums in Hoboken’s north end expects the new property to be completed in May 2012. Continue reading Toll Brothers Launches 1450 Washington with Event for 90 Hoboken Brokers

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RIBBON-CUTTING FOR MARY NORTON MANOR CONDOMINIUMS HONORS U.S. CONGRESSWOMAN MARY T. NORTON WHO FOUGHT FOR U.S. FAIR LABOR STANDARDS ACT OF 1938

(Jersey City, NJ) On Mon., Nov. 14 at 11 a.m., Jersey City will honor U.S. Congresswoman Mary T. Norton at the ribbon-cutting ceremony of the Mary T. Norton Manor condominiums, 23-25 Duncan Ave, Jersey City. A workforce housing complex for working families in Jersey City, the Mary Norton Manor condominiums is an initiative brought forth by the Jersey City Redevelopment Authority (JCRA) and the City of Jersey City that enables working families to own their own homes at affordable mortgage rates thereby enriching Jersey City’s quality-of-life with residents who work and live in the community. Continue reading RIBBON-CUTTING FOR MARY NORTON MANOR CONDOMINIUMS HONORS U.S. CONGRESSWOMAN MARY T. NORTON WHO FOUGHT FOR U.S. FAIR LABOR STANDARDS ACT OF 1938

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