A rendering of the entrance to 99 Hudson, a 79-story condominium tower along the Jersey City waterfront — Courtesy: China Overseas America/Perkins Eastman
By Joshua Burd
A condominium tower that is slated to become the state’s tallest residential building is off to a fast start in 2019, inking more than 30 sales in the first quarter.
China Overseas America, the developer of the project known as 99 Hudson, on Monday touted the early activity at the 79-story tower in Jersey City. The property has recorded 34 sales in the first three months of the year, the firm said, thanks in part to an influx of New York City buyers who have crossed the Hudson River seeking value outside the five boroughs.
With a distinctive limestone and glass exterior designed by Perkins Eastman, the waterfront tower offers condos of up to 2,500 square feet, with prices ranging from $557,000 to more than $4.2 million. Initial occupancy is slated for late 2019, following construction that has been ongoing since fall 2017.
“The extraordinary residences, exclusive amenities and breathtaking views are paired with a downtown Jersey City location that offers every lifestyle element one looks for in a convenient and culturally rich destination,” Xiaocheng Zhou, president of China Overseas America, said in a prepared statement. “The robust sales activity we’re experiencing is a testament to the building’s widespread appeal to professionals and entrepreneurs from both sides of the river and beyond.”
Zhou also touted the firm’s “commitment to creating an iconic 21st-century residential property in a vibrant, urban setting.” The high-profile building, which calls for some 780 high-end homes, is COA’s first investment in the U.S. market and rises nearly 900 feet at the intersection of Greene Street.
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Along with The Marketing Directors, COA is offering a mix of layouts ranging from studios to three-bedroom homes, including a handful of top-floor penthouses. Homes feature floor-to-ceilings windows that offer views of the Manhattan skyline, World Trade Center, New York Harbor and Statue of Liberty.
Plans also call for high-end finishes and Bosch appliances, according to a news release. Meantime, 99 Hudson will have 65,000 square feet of indoor and outdoor amenity space, including a modern, 3,800 square-foot fitness center and yoga and Pilates studio.
The building will offer other amenities such as a game room, golf simulator, screening room with bar, demonstration kitchen and work café. Outside, residents will have access to a resort-style, eighth-floor amenity deck with a 3,000-square-foot swimming pool, private cabanas, indoor and outdoor lounge and dining area with grills, a playground and dog run.
“Soaring 900 feet into the Jersey City skyline directly across the river from the World Trade Center, 99 Hudson continues to capture the attention of Manhattanites,” said Jaqueline Urgo, president of The Marketing Directors. “When they take the ultra-convenient ten-minute ride to Jersey City via PATH train or ferry, they discover spacious homes with incredible Manhattan skyline views, 65,000 square-feet of indoor and outdoor amenities, and a vibrant waterfront neighborhood booming with art, culture, dining and nightlife — all at a value-laden price point that is driving sales.”
The tower is also steps from the Exchange Place PATH station, which provides quick access to New York City, and adjacent to a stop along the Hudson Bergen Light Rail.
