Leasing Open at Laguna, Newport, Jersey City’s Newest Waterfront Property

Luxury Building Marks First Development Adjacent to Newport Green Park; Already 40% Leased

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Jersey City, NJ (July 15, 2013) – Laguna, the newest high-end residential property in the Newport neighborhood of Jersey City, is now available for renting. Already 40 percent leased, the 19-story Hudson River-waterfront building features 158 one, two and three-bedroom residences, ranging in size from 759 square feet to 2,015 square feet. The Laguna marks the first of the master-planned community’s final phase of development, which will surround the neighborhood’s award-winning 4.25-acre park, Newport Green.

“We broke the mold with the Laguna to create a product unique to existing offerings in Newport,” said Jamie LeFrak, principal at LeFrak. “We engaged a nationally-known design firm to add upscale finishes to every home and luxurious building amenities like a screening room and rooftop lounge. Paired with Laguna’s location next to the park, the building represents the 27-year evolution of our vision to transform the Jersey City waterfront into a thriving neighborhood with open green spaces and sidewalks full of residents and visitors.”

Located at 45 Park Lane South, just steps from Newport Green and the Hudson River Waterfront Walkway, Laguna offers iconic views of the Manhattan skyline, as well as a scenic perspective of Jersey City and Hoboken. Residences at Laguna feature oak wood flooring, floor-to-ceiling windows and in-unit Asko washer/dryers.

Under the award-winning expertise of the Stevens B. Jacobs Group and Andi Pepper Design, known for designing The Edge in Brooklyn and The Gansevoort Hotel in Manhattan, kitchens and baths at Laguna were outfitted with stainless steel Whirlpool appliances, quartz countertops and custom ItalKraft cabinetry. Bathrooms were also designed with grey Basalt tiled floors, glass mosaic accent walls, and modern chrome fittings.

Onsite amenities at Laguna include a resident’s rooftop lounge, screening room, fitness center and children’s playroom. The rooftop lounge features a fully-equipped kitchen, pool table, WiFi access and patio seating; while the screening room at Laguna boasts oversized leather recliners, a widescreen high-definition projector and a home theatre system with surround sound, digital cable and a DVD player.

Residents of Newport enjoy 24-hour doorman services, on-site parking and direct access to 15 different fine-dining and fast-casual restaurants; shopping at boutique and name brand stores; a preschool and an award-winning private elementary school; a 154-berth marina and yacht club, and a wide range of outdoor experiences centered around Newport Green, the community’s 4.25-acre park.

Newport Green features the only urban beach on the Hudson River; a 17,000-square-foot playground with state-of-the-art play equipment and a splash pad; a 30,000-square-foot turf field; a carousel; Ping-Pong tables; free WiFi; and more. In the summer, Newport hosts an annual calendar of events in the park, ranging from several outdoor movie screenings and live music concerts to a beach party and local food festival, a Shakespearian comedy performance and a soccer clinic with star players from the New York Red Bulls.

For more information about Laguna, including access to layouts and asking rents, visit www.lagunanj.com or email [email protected]. To arrange a tour or speak directly with a leasing agent, call 201.626.5001 or visit the Newport Rental Office, located at 100 Town Square Place in Jersey City.

About Newport, NJ

Minutes from Manhattan via the PATH train, ferry or car, and fronting on the Hudson River, Newport is currently home to more than 15,000 residents living in 13 high-rise condominium and rental towers.  The community offers shopping, fine dining, parks, and leisure activities for those residing and working there.  Eight state-of-the-art Class A office towers provide more than five million square feet of office space to more than 20,000 professionals. Convenient on-site neighborhood features include a preschool and private elementary school; Newport Swim and Fitness Center; Newport Centre Mall; and national retailers such as Macy’s, Target, H&M, and Coach.  Newport’s attractive Hudson River Waterfront Walkway has direct pedestrian access to Downtown Jersey City and the Hoboken New Jersey Transit Terminal. For more on Newport visit www.NewportNJ.com.

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Elizabeth Walden | Quinn & Co. | 520 Eighth Avenue, 21 Fl. | New York, NY 10018 | T: 212.868.1900 x349 | F: 212.465.0849 | [email protected] | www.quinnandco.com