Page 30 - Issue 45 Sept2020

28 SEPTEMBER 2020 WOODMONT, CANOE
BROOK LAUNCH CONSTRUCTION AT SECAUCUS PROJECT
Woodmont Properties and Canoe Brook Development have started construction on a new 116-unit luxury apartment property in Secaucus.
The joint venture said the project, located at 1631 Paterson Plank Road, will bring a mix of one- and two- bedroom apartments to a site along the Hackensack River and minutes from the municipality’s downtown. The developers also touted its location within a residential cul-de-sac with
a pocket park and three miles from the Lincoln Tunnel, providing a short commute into Manhattan.
“With each of our properties, we strive to identify
a wide variety of dining, retail and entertainment right in their backyard.”
Plans for the four-story complex call for apartments with upscale design, finishes and appliances, according
to a news release. Select units in the building, which was designed Minno & Wasko Architects and Planners,
will include oversized terraces and/or balconies, while all residents will have garage parking.
Residents will also have access to amenities such as a clubroom with billiards and gaming, a modern fitness
center with virtual on-demand classes, a children’s playroom and several outdoor courtyards with river views, the news release said. Those spaces will include a passive courtyard with garden beds and another more active outdoor courtyard that will feature outdoor grills and play areas.
“We’re thrilled to begin development on this truly stunning boutique luxury community,” said Jack Tycher, a partner at Canoe Brook Development. “With its location on a charming cul- de-sac and its walkability to several of the neighborhood parks and
destinations, it’s
sure to attract
residents who
are seeking
convenience
and access to
some of the top
amenities the
community has
to offer in close
proximity to New York City.”
Jack Tycher
Stephen Santola
walkable
and vibrant locations that offer residents
a unique
lifestyle and experience, and our development in Secaucus is
no exception,” said Stephen Santola, executive vice president and general counsel at Woodmont Properties. “Just a short distance away from American Dream, residents will have access to
PEEK PROPERTIES EYES FALL OPENING FOR EAST ORANGE APARTMENTS
A developer is nearing completion of a new 39-unit apartment building in East Orange, helping to revitalize a long-vacant building near the city’s Brick Church train station.
The firm, PEEK Properties, said the complex at 475 William St. could welcome its first residents around mid-fall as it hopes to capitalize on the site’s proximity to mass transit and the city’s central business district. Plans call for a mix of high- end one- and two-bedroom units, along with a collection of amenities and on-site services.
“This initiative marks the continuation of our strategy
to develop, own and operate upscale market-rate apartment properties near major train stations throughout New Jersey’s urban-core
A rendering of a planned 116-unit luxury apartment property at 1631 Paterson Plank Road in Secaucus
The property will also be minutes from the Meadowlands Sports Complex
and a host of area restaurants and retailers.
municipalities,” PEEK Managing Partner Emanuel Klein said. “Our pride in ownership is rooted in exceptional design and construction
— including top-quality sound-proofing materials between floors and walls — to retain long-term curb appeal
and property
performance while also contributing toward
neighborhood rebirth.”
In a news release, PEEK noted that the site previously housed a vacant building for three decades. The firm added that the building, designed by Nastasi Architects, seeks to incorporate modern elements with subtle historic characteristics that appeal to today’s tenant base.
On-site features include an all-glass façade modern lobby, 39 garage and paved-surface assigned parking spaces, a fully equipped fitness
center with an all-glass exterior wall, bike storage and secure package delivery area. The five-story building also offers a second-floor tenant lounge with a billiards table and entertainment area with a television.
The project is a five-minute walk to the Brick Church station and a block from the city’s Main Street.
“We are extremely excited to approach the completion of our first joint-venture multifamily
development
project under
the newly
formed PEEK
Properties
entity and are
eagerly looking
forward to the
lease-up process
this fall,” PEEK
Managing Partner Phillip J. Evanski said. RE
Phillip J. Evanski
Emanuel Klein
A rendering of PEEK Properties’ new 39-unit apartment building at 475 William St. in East Orange
Courtesy: PEEK/Nastasi Architects Rendering by Minno & Wasko Architects and Planners/Courtesy: Woodmont Properties