GN Management, a Jersey City-based real estate firm, has acquired full ownership of the Harborside 9 development site in Jersey City. The acquisition, finalized through affiliate and intercompany transfers, included the remaining ownership interest held by Panepinto Properties, a longtime developer in the area. The transfer marks a key milestone for the future 57-story tower, a major component of the city’s growing waterfront development.
Harborside 9 is approved for 579 residential units, including 87 designated as affordable housing, representing a 15 percent affordable component. The project will also feature 14,800 square feet of ground-floor retail and a 555-space parking garage. This development is part of a broader master plan that encompasses Harborside 8 and 9, totaling more than 1,200 residential units across 4.2 acres.
Rendering of Harborside 8. Credit: Elkus Manfredi Architects.
GN Management plans to begin work on the site following minor refinements to the site plan, with a development start targeted for 2027. While Harborside 8, a future 65-story tower, remains under the direction of Panepinto Properties, the transfer of rights for Harborside 9 enables both phases of the plan to proceed on aligned timelines. The transaction was brokered by Jim Pompa of Coldwell Banker.
The site is accessible by multiple transit options, with nearby service from the Exchange Place PATH station, Hudson-Bergen Light Rail, and ferry terminals connecting Jersey City to Manhattan and other parts of the region.
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