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.
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→
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, NJ, September 2013: 77 Hudson, K. Hovnanians® 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 Hudsons 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→
Virtual tour of dream home simplifies the design process, sophisticated CNC equipment speeds construction
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→
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.
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.