Crossings at Raritan Station, a 276-unit rental property in Raritan, New Jersey, is now 100 percent leased. The property is located at 59 2nd Avenue, just one block away from New Jersey Transit’s Raritan train station, and was marketed as a rental community for the modern commuter.
Renovation work is complete on the three-building Harborside complex along the downtown Jersey City waterfront. Designed by Elkus Manfredi Architects and developed by Mack-Cali Realty Corporation and SJP Properties, the project involved the re-cladding and interior refurbishment of the commercial office structures, which occupy a long rectangular parcel bound by Harborside Place to the north, Hudson Street to the west, and Christopher Columbus Drive to the south. The overhaul was planned to cost around $75 million and achieve LEED Gold certification.
Construction is complete on 351 Marin Boulevard, a 38-story rental tower in the Powerhouse Arts District of Jersey City. Designed by HWKN and HLW Architects and developed by Kushner Real Estate Group (KRE) and Northwestern Mutual, the 406-foot-tall reinforced concrete structure yields 507 apartments in studio and one- and two-bedroom layouts. The Marketing Directors is the exclusive leasing agent for the property, which is located on a rectangular parcel bound by Marin Boulevard to the east, 1st Street to the north, Bay Street to the south, and low-rise buildings to the west.
Construction is complete on The Waterton, a new rental property at 1631 Paterson Plank Road in Secaucus, New Jersey. From developers Woodmont Properties, Canoe Brook Development, and PIRHL, the residential community features 116 apartments and an expansive suite of amenities just three miles west of the Lincoln Tunnel.
Construction has topped out on 144 First Street, a 12-story residential building in Jersey City‘s Powerhouse Arts District. Designed by Fogarty Finger Architecture and developed by EPIRE, the 125-foot-tall structure will yield 115,000 square feet with 84 apartments ranging from studios to three-bedroom units, as well as ground-floor retail space for two tenants. WSP is the structural engineer and Molfetta Corporation is the general contractor for the project, which is bound by Provost Street to the east, 1st Street to the south, and 2nd Street to the north. BHI, the U.S division of Israel’s Bank Hapoalim, provided a $36 million construction loan for the project in January.
