The James, a 240-unit luxury multifamily complex at 87 Madison Ave. in Park Ridge, has launched its leasing program. — Courtesy: Alex Staniloff of Gotham Interiors
By Joshua Burd
A new luxury apartment building in downtown Park Ridge has hit the market, having already rented more than a quarter of its 240 units.
Claremont Development, the firm behind the five-story project known as The James, recently previewed the collection of studio, one-bedroom and two-bedroom homes after a long-awaited project in the Bergen County borough. It has now officially launched leasing at 87 Madison Ave., seeking to lure renters with its upscale amenities and a location just steps from NJ Transit rail service.
“We are thrilled to announce the launch of leasing at The James and proud to introduce an exciting new residential option to Park Ridge,” said Richard Sciaretta, managing partner of Claremont Development. “The James offers the best aspects of modern, city-style living, but in a charming suburban location. With our downtown surroundings, sophisticated interior spaces, and upscale lifestyle amenities, this is the perfect backdrop for a well-balanced live-work-play lifestyle.”
Monthly rental rates at the property start from $1,950, with current incentives of up to one month free on a 13-month lease, according to a news release. Claremont, which has tapped Bozzuto to manage the community, has already filled part of the building after a preleasing phase.
The James has amenities such as a coffee bar, a clubroom with billiards and shuffleboard, a tasting room with a catering kitchen and co-working spaces with private offices. Additional features include a modern fitness center and outdoor offerings such as a pool, grilling and dining areas and a turf lawn, among others.
The property, designed by Minno & Wasko Architects and Planners, also includes more than 17,600 square feet of retail space that joins the downtown’s mix of shops, restaurants and local businesses, according to a news release. What’s more, renters will be a block from NJ Transit commuter rail service on the Pascack Valley line and minutes from the Garden State Parkway and Palisades Parkway.
“We wanted The James to be more than just a luxury apartment building. We wanted it to be a true community in every sense of the word, with homes that are the right fit for the long term,” Sciaretta said. “Our residents will enjoy a maintenance-free lifestyle with first-class building management and services that give them the peace of mind of knowing they are taken care of around the clock.”
Claremont eyes debut of 240-unit apartment community in Park Ridge (SLIDESHOW)
