Hudson Realty Group Update – June 2017 Edition | Hoboken and Jersey City Real Estate


 

HUDSON REALTY GROUP’S
  
 MONTHLY REAL ESTATE UPDATE

      
JUNE 2017 EDITION

          

YOUR SOURCE FOR HOBOKEN AND JERSEY CITY REAL ESTATE 
    

 

 

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NEW CONSTRUCTION DEVELOPMENTS

 

 ONE PARK:  Cliffside Park, NJ

 -1 beds start $495k+

 -2 beds start $822k+

 -3 beds start $1.28M+

 

 204 Units, 14 Stories. Every unit

 includes outdoor space & one reserved

 garage parking space. Summer 2018

 occupancy.  Contact Matt Brown at

 201.805.7403 for more details.

 

 PARK | SHORE:  Jersey City, NJ

 -Studios start $575k+

 -1 beds start $650k+

 -2 beds start $1.13M+

 -3 beds start $2.25M+

 

 429 Units between 75 Park Lane &

 Shore  House.  Luxury amenities &

 breaktaking  views. Spring/Summer 2019

 occupancy. Contact Matt Brown at

 201.805.7403 for more details.

 

 

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REAL ESTATE AND COMMUNITY NEWS

 

JERSEYDIGS: Hoboken Considering A “Railhead District” With Visitors’ Center, Murals   “…At |a| City Council meeting, an ordinance introducing the labeling of the area as the “Railhead District” was passed by a 7-2 vote. The vote is largely symbolic for now, but nonetheless is an indicator that the city wants to put a formal stamp on the area, and renderings…”

 

YIMBYNEWS: Revealed: Seven-Story, 25-Unit Residential Project Planned at 400 Newark Avenue, Jersey City   “Renderings have been revealed of the seven-story, 25-unit residential building planned at 400 Newark Avenue, located between Sixth and Seventh streets in The Village section of downtown Jersey City. The project will rise nearly 80 feet above street level.

The apartments, market-rate rentals, will range from one- to two-bedrooms…”

 

JERSEYDIGS:  Bergen-Lafayette Boom: Where Is The Market Headed?   “As Jersey City’s price crunch continues to push residents into neighborhoods that are further from Downtown, a few spots like Journal Square have been pegged as the “next” areas for revitalization. But a more centrally located option in Bergen-Lafayette has a lot going for it and isn’t as far removed.  If you could describe…”

 

JERSEYDIGS: Our Hoboken Development Map Is Live   “Development activity in the Mile Square city is humming along. In the latest addition to our development map series, we’ve plotted 47 projects which will bring a combined 1,511 units to Hoboken in the near future.

Hoboken, although regularly compared to Jersey City, is a very different market. For starters, its new development pipeline…”

 

YIMBYNEWS:  24-Story, 338-Unit Mixed-Use Complex Approved at 700 Washington Boulevard, Jersey City   “[In May], developer LeFrak received approval from the Jersey City Planning Board to build a 338-unit mixed-use development at 700 Washington Boulevard, located in the Newport section of downtown JC…”

 

JERSEYDIGS:  Two Luxury Hotels Coming To Port Imperial In Weehawken   “A building containing a Residence Inn by Marriott hotel, a Renaissance hotel, a parking garage, and 17,000 square feet of retail space on the first floor is in the process of being built at the Port Imperial complex in Weehawken….”

 

JERSEYDIGS:  Changes To Final Phase Of Hoboken’s Maxwell Place Approved   “Fresh off completing their 1450 Hudson Street project, Toll Brothers has taken steps towards finishing up their Maxwell Place development with another high-end mixed-use building plus a public green space that should essentially complete development in the uptown Hoboken neighborhood…”

 

YIMBYNEWS: 79-Story, 781-Unit Mixed-Use Tower Rises Above Street Level at 99 Hudson Street, Jersey City   “Construction has reached the fifth floor on the 79-story, 781-unit mixed-use tower under development at 99 Hudson Street, located between Grand and York streets in the Exchange Place section of downtown Jersey City. Progress on the 900-foot-tall tower, which is set to be New Jersey’s tallest building upon completion, can be seen thanks to photos posted…”

 

JERSEYDIGS:  Cliffside Park Is Quickly Becoming New Jersey’s Next Gold Coast Destination   “Cliffside Park, the borough “On Top of The Palisades,” is just north of North Bergen and west of Edgewater, rising high over the Lincoln Tunnel and in the shadow of the George Washington Bridge. It offers stunning and sweeping views of New York City…”

 

JERSEYDIGS:  Microbreweries, Artist Space, Hotels, More Parks Could Come To Southwest Hoboken   “The southwest entrance to Hoboken is probably the city’s most eclectic area and while there’s a park under construction and some noted growth, there’s also a fair amount of vacant structures like an old Rey Foods meatpacking facility and the former Windsor Wax building.  But at a special meeting last week, the City Council unanimously passed the Southwest Redevelopment Plan, which could expand the Southwest Park…”

 

YIMBYNEWS:  Revealed: Five-Story, 18-Unit Mixed-Use Building Approved at 333 Newark Avenue, Jersey City   “YIMBY has a rendering of the five-story, 18-unit residential building under development at 333 Newark Avenue, located in The Village section of downtown Jersey City. The project will include 2,400 square feet of ground-floor commercial space, followed by 18 rental apartments across the second through fifth floors.

The new building was approved by the city’s Planning Board on May 30, Jersey Digs reported. Ben LoPiccolo Development Group is the developer and Minervini Vandermark Architecture is responsible for the design…”

 

JERSEYDIGS:  ‘365 by Whole Foods’ Concept Officially ‘In Development’ For Weehawken   “Fresh of the opening of a Trader Joe’s in Hoboken last month, Weehawken is set to join the grocery store party as developer Hartz Mountain looks like they are about to break ground on a Whole Foods outpost just steps from the Lincoln Harbor Light Rail station.

Rumors about the grocer coming…”

 

CITYOFHOBOKEN:  City Council Seeks Additional Input on Neumann Leathers Plan Concepts   “The City Council meeting on Wed, June 21st included a presentation, public comment, and Council discussion on various concepts for the Neumann Leathers Redevelopment Plan. The presentation slides can be viewed at…”

 

JERSEYDIGS:  Plans For New Harborside Waterfront Tower In The Home Stretch   “Mack-Cali’s footprint along the Hudson River waterfront already clocks in at over four million square feet and that number will soon get even larger, as the company is currently putting the finishing touches on their latest office project that will see them team up with another experienced developer.  The property in question is referred to as Harborside 4, currently a surface parking lot in Jersey City, clustered around several other Mack-Cali office buildings. But the land shouldn’t stay that way for long as the company announced in October they were teaming up on a new building with SJP Properties, who recently…”

 

JERSEYDIGS:  Eight-Unit Infill Development Could Come to Park Avenue in Hoboken   “Records from the Hoboken Planning Board show that there are plans for a new residential development at 830-834 Park Avenue, between 8th Street and 9th Street, in Ward 3. Developer Gene Super, of Essex County, is seeking approval without variances for this…”

 

JERSEYDIGS:  Details Revealed for LeFrak’s Mysterious 18th Street Development in Jersey City   “A gas station and some vacant land along Downtown Jersey City’s northern edge could soon be replaced with 258 apartments and three larger retail…”

 

 

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Please don’t hesitate to contact us if you any questions, comments or concerns.

 

www.hudsonrealtygroup.com

 

Lindsey Brown            Matt Brown            Peter Cossio            Clare Cossio            Kim Beier

 

 

             

 

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