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.
The Avenue, a vast retail wing of the American Dream Mall, has opened its doors to the public. Located at 1 American Dream Way in East Rutherford, New Jersey, The Avenue is the latest addition to the 3.3-million-square-foot destination, which has gradually opened after a temporary half-year closure in 2020. The long wing is located on the eastern end of the complex and focuses on designer retail shops, with Saks Fifth Avenue as the largest tenant.
