Journal Squared

First Tower Of “Journal Squared” Tops Out At 53 Stories In Journal Square, Jersey City

4:00 pm on December 17, 2015 By Reid Wilson

Late in 2014, YIMBY reported on the ground breaking of Journal Squared’s first residential tower, located right around the corner from the Journal Square PATH station, in northwestern Jersey City. On Wednesday, Kushner Real Estate Group topped out the 53-story, 538-unit building, which stands 563 feet above street level, according to the Jersey Journal. Façade work is also now underway, and completion of the tower is expected in 2016. Once completed, Journal Squared will boast three towers and 1,838 residential units, along with 36,000 square feet of retail and restaurant space. The second tower to rise will stand 70 stories and the final tower will top out at 60 stories. HWKN is the design architect, while Handel Architects is serving as the architect of record.

154 Rivington Street

45-Unit Mixed-Use Redevelopment Planned At 150 Rivington Street, Lower East Side

3:00 pm on December 17, 2015 By Reid Wilson

Cogswell Realty has filed exploratory plans for a 45-unit mixed-use redevelopment of the former Streit’s Matzo Factory, at 148-154 Rivington Street, on the Lower East Side, DNAinfo reports. Plans of the mixed-use project surfaced over the summer, and in October, the developer filed permits to demolish the upper five floors of the six-story structure at 150 Rivington. Filings indicate further demolition work will occur. The redeveloped structure would boast condominium units, a single retail unit, and 26 storage units. Permits have not yet been officially filed with the Department of Buildings.

646 Gerard Avenue

Four-Story, 67-Key Hotel Filed At 646 Gerard Avenue, Concourse

2:00 pm on December 17, 2015 By Reid Wilson

Nehalhumar Gandhi, doing business as a New Jersey-based LLC, has filed applications for a four-story, 67-key hotel at 646 Gerard Avenue, in the Concourse, located three blocks north of the 149 Street – Grand Concourse stop on the 2, 4, and 5 trains. The project will measure 18,556 square feet in total, and hotel rooms will average 277 square feet apiece. Guests will have access to traditional hotel amenities on the ground and cellar level, and they will also be conveniently located a few blocks south of Yankee Stadium. Flushing-based Michael Kang is the architect of record. A single-story commercial building was filed for demolition this past October.

69 East 125th Street

Reveal For 12-Story, 75-Unit Rental Building Planned At 69 East 125th Street, East Harlem

1:00 pm on December 17, 2015 By Reid Wilson

Over the summer, a black-and-white rendering was posted at the site of the planned 12-story, 75-unit mixed-use building at 69 East 125th Street, in East Harlem, and now a higher resolution rendering has surfaced, per Real Estate Weekly. Kutnicki Bernstein Architects is designing the rental building, which will include 5,643 square feet of ground-floor retail space. Twenty percent of the residential units will be rented at below-market rates. The site’s predecessors were demolished this past August, and completion is expected in the spring of 2017. Greystone Property Development is behind the project.