Namdar Group, a family-owned developer based in New York City, has closed on a $96 million financing package to complete a new high-rise residential building in Jersey City. The property is located at 26 Van Reipen Avenue and will eventually support a 27-story building with 235 rental apartments and ground-floor retail.
Construction is now underway on the final tower of Journal Squared, a three-skyscraper development in Jersey City. Designed by HWKN Architecture and Handel Architects and developed by Kushner Real Estate Group and National Real Estate Advisors, the 60-story building will yield 600 rental apartments with interiors designed by Major and Handel Architects.
This week, C3D Architecture unveiled a trio of new renderings for 618 Pavonia Avenue, a 27-story mixed-use tower in Jersey City. Now under construction, the tower will join Homestead Place, a seven-building master development from Namdar Group that will eventually comprise over 2.1 million square feet, one of the largest ongoing construction projects in the city.
An international cultural partnership between France’s Centre Pompidou and New Jersey will bring about the Centre Pompidou × Jersey City project, a museum at the historic Pathside Building in Jersey City‘s Journal Square. Design of the 58,000 square-foot structure at 25 Sip Avenue will be led by Jason Long of OMA.
This week, development partners Kushner Real Estate Group and National Real Estate Advisors celebrated the opening of the second rental skyscraper at Journal Squared. Located at 537 Summit Avenue in Jersey City, the new 68-story tower stands 754 feet tall and comprises 704 residences.