The Declan at 5 Port Imperial Blvd. in Weehawken — Courtesy: JLL
By Joshua Burd
The owner of a new luxury apartment community in Weehawken’s acclaimed Port Imperial district has listed the property for sale, according to a brokerage team with JLL.
Completed last spring, the complex known as The Declan is home to 298 market-rate rental units at the edge of the Hudson River and directly across from Manhattan. It’s now on the market for sale in a rare offering within the master-planned Port Imperial development that spans two municipalities in northern Hudson County, providing a would-be buyer with a trophy asset with a 25-year payment in lieu of taxes agreement with Weehawken.
JLL’s Jose Cruz, Mike Oliver, Steve Simonelli Elizabeth DeVesty and Austin Pierce lead the marketing team at 5 Port Imperial Blvd., with support from Thomas E. Didio Jr. and Gerard Quinn of the firm’s debt and equity advisory group. In announcing the listing, they noted that the 10-story building has views of the Hudson River and Manhattan and amenities such as an expansive rooftop deck, a resort-style pool, a golf simulator lounge and a 24 -hour fitness center with a yoga studio.
Residents, meantime, have access to a host of mass transit options such as ferry, bus and light rail service at neighboring Lincoln Harbor. The Declan also has structured parking with 288 spaces, serving renters who commute into New York City via the nearby Lincoln Tunnel.
