Tantum Real Estate recently joined community leaders and elected officials to celebrate the grand opening of a new affordable housing property for veterans and the formerly homeless in Jersey City. The building is located at 526 Ocean Avenue in the city’s Greenville neighborhood and houses a collection 20 apartments and a 1,500-square-foot community space on the ground floor.
Occupancy is set to begin this week at 351 Marin Boulevard, a 38-story rental property in Jersey City’s Powerhouse Arts District. Designed by Hollwich Kushner and HLW Architects and developed by Kushner Real Estate Group (KRE) in a joint venture with Northwestern Mutual, the 406-foot-tall property yields 507 apartments enclosed in a sleek envelope of glass and warm-colored brick. The property 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. The Marketing Directors is the exclusive leasing agent for the studios and one- and two-bedroom homes. Units are priced at $2,650 on the low end, and grand opening incentives include two months free on a 14-month lease and three months free on a 26-month lease.
Leasing officially launched this week for Vermella at Garwood Station, a new residential complex in Garwood, New Jersey. From Russo Development, the property introduces 296 apartments, 40,000 square feet of indoor and outdoor amenity spaces, and 19,500 square feet of retail.
Namdar Group, a family-owned developer based in New York City, has closed on a $96 million financing package to complete a new high-rise residential building in Jersey City. The property is located at 26 Van Reipen Avenue and will eventually support a 27-story building with 235 rental apartments and ground-floor retail.
Leasing has officially commenced at 351 Marin Boulevard, a new 38-story rental property in Jersey City’s Powerhouse Arts District. Developed by Kushner Real Estate Group (KRE) and joint venture partner Northwestern Mutual, the property comprises 507 apartments. The mix of units includes studios and one- and two-bedroom homes.
