Jersey City Mayor Steven Fulop this week announced that all litigation between the city, Kushner Companies, and the Jersey City Redevelopment Agency has concluded. The agreement settles lawsuits brought by Kushner Companies beginning in 2018 regarding construction delays at 1 Journal Square, a forthcoming residential development in Jersey City.
A ten-story mixed-use building has been proposed for Bayonne, New Jersey. Designed by Melamed Architect, the structure will comprise 100 residential units, approximately 2,420 square feet of ground-floor retail space, and 102 parking spaces within a stacked parking system. Bayonne Equities BII Urban Renewal, LLC is responsible for the 145-foot-tall development that will be built on four adjacent lots at 281-289 Broadway and 9-11 West 12th Street along a commercial corridor.
Leasing has officially begun for DVORA 175, a 14-story rental building in downtown Jersey City. The new property is located at 175 Second Street at the verge of Jersey City’s Powerhouse Arts District, Hudson Exchanges, and The Waterfront neighborhoods.
Leasing has launched for 100 House, a residential development at 100 Hoboken Avenue in Jersey City. Designed by Minno & Wasko Architects and Planners and developed by BNE Real Estate Group, Hoboken Brownstone Company, and McKinney Properties, the six-story building offers a collection of 137 rental units and an assortment of amenities.
Construction is now underway on the second phase of Bay 151, a multi-building residential complex in Bayonne, New Jersey. Located at 151 Centre Street, the three-phase development will introduce over 600 rentals, 15,000 square feet of indoor and outdoor amenity space, and 10,000 square feet of retail space.