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.
Construction is now underway at 49 Fisk Street, a new 337-unit rental property in Jersey City. Halpern Real Estate Ventures, the developer of the property, was joined by Jersey City Mayor Steven Fulop and local officials on November 1 to celebrate the commencement of construction.
Kushner Real Estate Group has completed phase two of Bay 151, a new rental property in Bayonne, New Jersey, where leasing is now underway. This phase of leasing introduces an additional 213 rentals to the residential community and an expansion of available amenity spaces.
Capodagli Property Company recently secured $71 million in construction financing to complete a new residential property at 110 Bergen Turnpike in Little Ferry, New Jersey. When complete, the property will comprise 294 apartments spread across two buildings.
Fairstead and LIHC are working in partnership to complete major upgrades and facility improvements across 13 affordable housing buildings in Newark, New Jersey. Referred to as the Essex Plaza portfolio, the collection of buildings comprises 691 affordable apartments, many of which are reserved for senior households.
