A rendering of The Grand and The Metro, a two-tower, 312-unit apartment complex at 51st and 52nd streets in West New York — Courtesy: National Realty Investment Advisors
By Joshua Burd
Construction is underway on the first of two towers that will make up a new 312-unit apartment complex in the Hudson County town of West New York.
National Realty Investment Advisors, a Secaucus-based developer, announced Tuesday that it has broken ground on the 14-story building known as The Grand, which will occupy a parcel at 508 51st St. The structure will contain 156 units, as will a sister tower known as The Metro that is slated to break ground at a later date.
The project also will feature a structured parking garage, a first for West New York, under a partnership between the developer and the municipality.
“On the campaign trail two years ago, the number one issue was lack of parking in this municipality,” West New York Mayor Gabriel Rodriguez said during an Aug. 2 groundbreaking ceremony. “We are the most densely populated place in the nation, which translates into lack of parking. We are delighted with what is happening here. This is a perfect example of a public-private partnership working for the betterment of the people who live here.”
In a news release, NRIA noted that the garage will be accessible to both residents of the towers and the surrounding city dwellers. The structure will contain 495 parking spaces, 60 percent of which will be available to the public.
U.S. Rep. Albio Sires, a former mayor of West New York, noted that efforts to expand parking access in the town go back years.
“This is a project that will benefit the entire community,” Sires said, “and we are very excited for that. It is one of the most important potential economic multipliers of this area.”
Residents of The Grand and The Metro will have access to high-end amenities, including a gym, a lounge and a green roof with a walking deck, along with rooftop patio seating and grills. Plans also call for a business center with WiFi access and other resources for remote workers.
Public officials and Richard Stabile, NRIA’s senior vice president of new acquisitions, also cited the property’s access to mass transit and to the vast number of restaurants, stores and entertainment options within walking distance of the site.
“The Grand and the Metro are ambitious, forward-thinking housing developments that are sure to continue West New York’s renaissance,” U.S. Sen. Bob Menendez said. “This apartment complex is exactly what I mean when I talk about transit-oriented development. I congratulate all involved in making this groundbreaking possible.”
Construction on The Grand and The Metro is slated for completion in summer 2023.