New Jersey

Renovated 12-Story, 148-Key Crowne Plaza Hotel Opens at 50 Kenny Place, Saddle Brook, New Jersey

6:00 am on April 21, 2016 By Reid Wilson

Last summer, Houston-based Unique Hotel Management Group acquired the shuttered 12-story hotel at 50 Kenny Place, in Saddle Brook, New Jersey (in Bergen County). Now, after six years of sitting empty, the hotel has finally reopened as a Crowne Plaza, according to NorthJersey.com. The renovated hotel has 148 rooms, a redesigned lobby, meeting and event rooms, a business center, and a restaurant, dubbed SKY, located on the top floor. The distinctly cylindrical tower was built in 1971 as a Holiday Inn, but closed in 2010 following the financial crisis, prior to being acquired by Unique for $10.7 million.

Rendering of The MC Hotel. Credit: BOGZA

Groundbreaking Held for The MC Hotel in Montclair, New Jersey

7:00 am on April 20, 2016 By Evan Bindelglass

A northern New Jersey community is getting its first new full-service hotel since the last one closed in 1938. On Tuesday, a groundbreaking ceremony was held for The MC hotel in Montclair. That’s in Essex County.

The former Butler Brothers warehouse at 350 Warren Street in Jersey City. all photos by Rebecca Baird-Remba

Jersey City Warehouse Is Reborn as Rentals at 350 Warren Street

8:00 am on April 15, 2016 By Rebecca Baird-Remba

While developers tear down old industrial buildings left and right in downtown Jersey City, one builder has chosen to preserve and convert the huge Butler Brothers warehouse at 350 Warren Street.

Fmr. Landmark Catering Hall to Become Self-Storage, Retail, Gas Station at 33 Route 17 South, East Rutherford

10:00 am on April 14, 2016 By Reid Wilson

Morristown, N.J.-based Hampshire Real Estate Companies has acquired the 3.2-acre property at 33 Route 17 South, in East Rutherford, located just west of the Meadowlands. The site is currently occupied by the former Landmark, a 225,000-square-foot, three-room catering facility that closed its doors 2013, and a 55,000-square-foot industrial building. Hampshire Cos. plans to redevelop the property into a 100,000-square-foot self-storage facility, a retail store, and a gas station, according to NorthJersey.com. It’s not known if the existing structures are going to be demolished, although it’s possible that they could be converted to fit the new program.

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

11:00 am on March 30, 2016 By Reid Wilson

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.

Rendering of 54 Bright Street, by Jorge Mastropietro Architects Atelier

Four-Story, Four-Unit Building Rises at 54 Bright Street, Jersey City

7:30 am on March 29, 2016 By Evan Bindelglass

We like to keep our eyes open to new developments outside New York City, and one of the fastest-growing places is Jersey City. It could soon overtake Newark as the most populous city in the nation’s most densely-populated state. In January, ground was broken for a 900-foot residential tower at 99 Hudson Street. Now, we have word of a decidedly smaller development – a four-story, four-unit condominium building rising at 54 Bright Street.

Developer Plans 1,000-Unit-Plus Mixed-Use Project At 450 Broad Street, Newark

10:00 am on March 28, 2016 By Reid Wilson

New York-based Lotus Equity Group has acquired the Bears and Eagles Riverfront Stadium at 450 Broad Street, in Downtown Newark, for $23.5 million, NJ Advance Media reports. The 6,014-seat stadium (and presumably the four-story parking garage to the south), located two blocks from the New Jersey Transit’s Newark Broad Street station, is expected to be demolished to make way for a mixed-use tower. The development could accommodate between 1,000 and 1,500 residential units and will contain commercial spaces. The commercial uses haven’t been finalized yet, but plans include a possible hotel and retail space. A construction timeline has not been disclosed. The baseball stadium was construction only 17 years ago.

Extensive Renovations Planned At 131-Unit Subsidized Housing Complex At 591 Montgomery Street, Jersey City

4:00 pm on March 22, 2016 By Reid Wilson

The Jersey City Housing Authority has tapped The Architectural Team to design an extensive renovation of the 14-building, 131-unit affordable housing complex at 591 Montgomery Street, located just west of downtown Jersey City. The complex, dubbed Bushwick Estates, includes three- and four-story building with subsidized apartments that come in two-, three-, and four-bedroom configurations. Real Estate Weekly reports the renovations will include both interior and exterior work, featuring new façades, green spaces with landscaping and lighting, and energy-efficient technology. The complex – which is bound by Bright, Merseles, and Montgomery streets – was originally completed in the 1980s and designed by Don M. Hisaka.

Deal Reached For Triangle Park Multi-Building Mixed-Use Development, Newark

11:00 am on March 22, 2016 By Reid Wilson

Early last year, the Newark City Council approved plans to build a 2.5-acre park in the city’s downtown. It would connect Prudential Center to the Ironbound’s Peter Francisco Park by bridging over Newark Penn Station, but it would also serve as the centerpiece of a multi-building mixed-use development of the surrounding vacant blocks. Last week, the city of Newark struck a deal with Edison Properties and J&L Parking Corporation to development the buildings, Newark Patch reports. Details on the new buildings are sparse, but there will be a significant number of residential units, retail space, and possible office space. Construction is expected to commence later this year and completion is tentatively set for July of 2018. The Newark Community Economic Development Corporation will head the construction of the park, being designed by MKW + Associates.

Groundbreaking Imminent For 5.8-Million Square-Foot Mega-Development In Sayreville, New Jersey

6:00 am on March 17, 2016 By Reid Wilson

In the next few weeks, O’Neill Properties Group is expected to break ground on the 5.8-million-square-foot mixed-use mega-development planned on 418 acres along the Raritan River in Sayreville, New Jersey. The New York Times reports the project, dubbed the Pointe, will include 2,000 residential units, up to 1,000 hotel rooms, 750,000 square feet of office space, and 2.4 million square feet of commercial-retail space. Also approved is 226,000 square feet of Times Square-style digital signage across seven billboards.

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