99 Hudson in Jersey City (left of center) — Courtesy: COA 99 Hudson LLC
By Joshua Burd
After a robust end to 2019, the developer of a luxury condominium tower along the Hudson waterfront has carried that momentum into the new year.
COA 99 Hudson LLC, the company behind the 79-story building in Jersey City known as 99 Hudson, announced Monday that it recorded 21 contracts in January. The activity follows a 2019 campaign in which the developer inked more than 100 contracts, working alongside The Marketing Directors at what is now New Jersey’s tallest building.
Sales at 99 Hudson have spanned studios to two white box penthouse homes that sold for $3.9 million and $4.3 million, COA said. Current prices range from $500,000 to more than $4 million for homes offering up to 2,500 square feet of living space, including a limited number of top-floor penthouses.
“Achieving this level of sales velocity during a pre-construction period is a testament to 99 Hudson’s widespread appeal to discerning buyers from both sides of the Hudson River and beyond,” said Xiaocheng Zhou, president of COA. “The building’s extraordinary residences, exclusive amenities, breathtaking views and compelling value are paired with a downtown Jersey City location that offers every lifestyle element one looks for in a convenient and culturally rich destination.”
Designed by Perkins Eastman, 99 Hudson saw its glass and limestone façade completed late last year, setting the stage for closings to commence this spring. The tower sits directly across the Hudson River from the World Trade Center, offering 65,000 square feet of indoor and outdoor amenity space, including a modern, 3,800-square-foot fitness center and yoga and Pilates studio. Other amenities will include a game room, golf simulator, screening room with bar, demonstration kitchen and work café.
Outside, residents will have access to a resort-style, eighth-floor amenity deck with an 80-foot-by-50-foot swimming pool, private cabanas, indoor and outdoor lounge and dining area with grills, a playground and dog run.
“The market has spoken, making 99 Hudson arguably the best-selling condominium building in the region,” said Jaqueline Urgo, president of The Marketing Directors. “We expect buyer excitement and sales momentum to increase in the coming months as we move into the building, unveil designer model homes and welcome our first homeowners.”
In a news release, COA also highlighted a location that is steps from the Exchange Place PATH station and NY Waterway ferry service, along with the adjacent light rail station.