Korman Communities

90 Park Avenue

Five-Story, 256-Unit Residential Complex Breaks Ground At 90 Park Avenue, Florham Park, New Jersey

The Rockefeller Group and Korman Communities have officially broken ground on the five-story, 256-unit residential complex planned at 90 Park Avenue, in northern New Jersey’s Florham Park, located roughly 1.5 miles from NJ Transit’s Madison station. The 450,000-square-foot building, dubbed AVE Florham Park, will be geared towards corporate tenants and employees in the relocating process, according to Real Estate Weekly. There will be 40,000 square feet of outdoor amenities, including private and community courtyards, a pool, fire pits, and entertainment spaces. The 24,000 square feet of indoor amenities include a theater, a café, a fitness center/yoga studio/spa, and a business center with conference suites. The project is a part of the larger office park development called The Green at Florham Park, which already contains a number of office buildings. Completion is expected in early 2017.


84 William Street

Expansion Tops Out At 19-Story, 140-Unit Extended-Stay Hotel At 84 William Street, Financial District

Korman Communities, Shorewood Real Estate Group, and Prodigy Network have recently topped out their 19-story, 140-unit extended-stay hotel building at 84 William Street, in the Financial District, courtesy of a YIMBY reader. The AKA brand will manage the building, and guest suites will range from a few hundred square feet to 1,000 square feet. In addition to the hotel lobby, retail space and a restaurant will be located on the ground floor. Asfour Guzy Architects is designing, and completion can probably be expected in early 2016.


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