Halpern Real Estate Ventures recently marked the completion of vertical construction at 49 Fisk St., a planned 337-unit luxury apartment building in Jersey City. — Courtesy: Halpern
By Joshua Burd
Halpern Real Estate Ventures is on track to launch leasing late this year at a new 337-unit luxury apartment building in Jersey City, where it recently marked a construction milestone.
The development, located at 49 Fisk St., has topped out at six stories after rising in the city’s fast-growing West Side neighborhood, according to a news release. JRM Construction Management is spearheading the project for Halpern, which plans to deliver the building with a series of lifestyle amenities and a focus on sustainable design.
“We’re thrilled to mark the building’s construction progress, which is a testament to the hard work and dedication of our entire team who are helping to bring this exciting project to life,” said Joel Halpern, president and managing director of investments for Halpern. “49 Fisk Street will further elevate the residential options available to existing and new residents of Jersey City’s West Side, where significant investment and municipal focus is stimulating the rise of a new destination center.”
Designed by Minno & Wasko Architects and Planners, with interiors and amenities curated by The Meshberg Group, 49 Fisk is about two blocks east of Route 440 and less than a five-minute walk from the Hudson-Bergen Light Rail. Residents will have access to some 50,000 square feet of indoor and outdoor amenities, including private and public co-working spaces, a speakeasy-style bar, a fitness center and covered parking on site.
Halpern added that the building will incorporate design elements and technologies that consider both the environment and the people that live there, citing features such as a waste diversion and energy recovery system, rooftop solar panels, electric vehicle chargers and rainwater collection for irrigation uses. The project will also be underpinned by a network of open space activated for resident use, the firm said, including a 14,000-square-foot landscaped courtyard with green space, an 18,000-square-foot rooftop with a 360-degree view and a community garden.
The building, meantime, qualifies for tax benefits under the federal Opportunity Zone program. With vertical construction now complete and leasing slated to launch by year-end, Halpern has tapped The Corcoran Group as its marketing team.
New 337-unit rental complex rising in Jersey City’s West Side neighborhood, JRM says