New Jersey

Seven-Story, 128-Unit Residential Project At 1475 Palisade Avenue Financed, Teaneck, New Jersey

4:00 pm on November 6, 2015 By Reid Wilson

Back in 2013, the Teaneck, New Jersey Zoning Board of Adjustment granted a variance to build a seven-story, 128-unit apartment building at 1475 Palisade Avenue. Now the developer, The Family Office, has landed a $30 million construction loan to build the project, according to Real Estate Weekly. The building will sit atop a two-story, 256-car parking garage, and residential units will have one- to three-bedroom configurations. An estimated completion date has not been released.

Four-Story, 104-Unit Residential Complex At 221 Bergen Street Complete, Harrison, NJ

3:00 pm on October 14, 2015 By Reid Wilson

The Hampshire Companies’ four-story, 104-unit residential complex at 221 Bergen Street, in Harrison, New Jersey — located a few blocks away from the PATH station — is now open for occupancy, according to Real Estate Weekly. CrownPoint Group is also a partner in the project, and the residential units will all be rentals. Ground broke on the project only a year ago. The building’s amenities include a lounge, fitness room, garage and storage areas, and a rooftop terrace.

38-Unit Townhouse Development Underway At 1 County Road, Cresskill, New Jersey

3:00 pm on September 15, 2015 By Reid Wilson

New Jersey-based Pulte Homes is currently constructing a 38-unit townhouse development at 1 County Road, in Bergen County’s borough of Cresskill. The residential project will feature three-story, three-bedroom homes, according to NorthJersey.com. The site was once home to a garden nursery, which has since been demolished, and completion is expected by the end of 2016. Excavation is currently underway, and sales are scheduled to launch next spring.

Revealed: 2,100-Unit Mixed-Use Redevelopment Underway In Asbury Park, New Jersey

8:00 am on August 21, 2015 By Reid Wilson

iStar’s Jay Sugarman plans to lead a multi-billion dollar redevelopment that includes over 20 individual projects in Asbury Park, New Jersey, located roughly 40 miles south of Manhattan. The construction will be centered around 1.25 miles of Asbury Park ocean waterfront, on Ocean Avenue and Kingsley Street, between Cookman Avenue and Deal Lake Drive.

Residential Conversion Planned For Factory At 43 Madison Street, Paterson, New Jersey

10:00 am on July 21, 2015 By Reid Wilson

Alma Realty is converting the enormous William Strange factory — on the block bound by Beech, Madison, Morton and Essex streets, in Paterson, New Jersey — into a residential complex, according to NorthJersey.com. The four- and three-story buildings, with two central courtyards, will house a total of 240 apartments. Some buildings have already been renovated, but completion of the entire complex is expected by mid-2016.

LG Planning Five-Story, 360,000 Square-Foot Office Building At 111 Sylvan Avenue, Englewood Cliffs

6:30 am on June 24, 2015 By Reid Wilson

LG Electronics USA has revised plans for their new North American headquarters building at 111 Sylvan Avenue, in southern Englewood Cliffs, just north of the GWB in New Jersey. The 360,000 square-foot building will stand five stories or nearly 70 feet tall, according to The New York Times. The new building was previously proposed to rise 143 feet at the site, formerly home to a single-story office structure, now demolished. Completion is expected by 2019, and Saratoga Associates is designing.

13-Story, 350-Key Hotel Planned At 284 East Oakdene Avenue, Teaneck, New Jersey

4:00 pm on June 9, 2015 By Reid Wilson

Alfred Sanzari Enterprises is planning to develop a 13-story, 350-key hotel on the parking lot at 284 East Oakdene Avenue, in Bergen County’s Teaneck. Located near the New Jersey Turnpike, the hotel will be operated by two hotel brands, each being responsible for the project’s short-stay or extended-stay portion, according to NorthJersey.com.

Excavation Imminent for Four-Story Boutique Office Building, New Jersey’s Englewood

12:30 pm on June 4, 2015 By Reid Wilson

Excavation is imminent for the planned four-story, 46,000 square-foot boutique mixed-use office and retail building at 120 New Jersey 4, in southern Englewood of Bergen County. Dubbed ES4, S.Hekemian Group is developing, and completion of the building is expected by the end of 2016, according to NorthJersey.com. The building is a small portion of a large mixed-use redevelopment project Englewood South, where the developer is also currently constructing an 195-unit residential building.

Five-Story Hotel Planned Near PATH Station In Harrison, New Jersey

10:00 am on May 26, 2015 By Reid Wilson

Advance Realty is planning to develop a five-story, 150-key AC Hotel (by Marriott) at the southeast corner of Frank E. Rodgers Boulevard South and Guyon Drive, near the PATH station in Harrison, New Jersey. The lot comes vacant, and the building will span 85,000 square feet, including 4,300 square feet of retail space on the ground floor, according to NJ Biz. A completion date has not yet been disclosed.

Seven-Story, 46-Unit Residential Building Revealed For 600 Harrison Street, Hoboken

4:00 pm on May 22, 2015 By Reid Wilson

Commercial Observer has the reveal of The Daten Group’s seven-story, 46-unit luxury rental building planned for the vacant lot at 600 Harrison Street, in Hoboken, New Jersey. First Niagara Bank has provided $15 million on construction funding to the developer. Nastasi Architects is designing, and construction appears imminent.

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