Construction has topped out on 537 Summit Avenue, the second and tallest building in the three-tower Journal Squared complex in Jersey City. Despite its location across the Hudson River from New York, the 754-foot-tall reinforced concrete skyscraper’s prominent height earns it inclusion at the number-24 spot in YIMBY’s countdown of the tallest current projects in the city. Designed by HWKN/Hollwich Kushner and Handel Architects and developed by Kushner Real Estate Group, the tower stands dominantly over its shorter 563-foot-tall, 53-story sibling.
Kushner Real Estate Group
Developer Kushner Real Estate Group has successfully secured $45 million in construction financing for a new residential community in Bayonne, New Jersey. The project, which broke ground in 2018, is known as Harbor Station North and will comprise three distinct buildings. Components within include 200 rental apartments, 10,000 square feet of retail, and associated parking.
When it comes to new construction in Jersey City’s Journal Square, no firm is more prominent than Kushner Real Estate Group, which has continued development of the massive Journal Squared complex with the recent ground-breaking of the project’s second skyscraper, now climbing above ground level. YIMBY spoke with the firm’s eponymous president, Jonathan Kushner, to discuss the site and its impending second and third towers, KREG’s general portfolio growth, as well as Mr. Kushner’s outlook on the state of the neighborhood and the local market.