Bay 151 at 151 Centre St. in Bayonne — Courtesy: David Hartz/Courtesy: KRE Group
By Joshua Burd
Kushner Real Estate Group has all but leased up more than 400 units at its new luxury rental property in Bayonne known as Bay 151.
The developer this week said the complex, located at 151 Centre St., has continued to attract renters since it debuted the second of what will be three phases. The existing 413 units are now 90 percent leased, KRE said, thanks in part to the value that Bayonne provides to renters seeking to live in the region.
Monthly rents at the collection of studio, one-bedroom, two- bedroom and three-bedroom homes start from $2,100, with immediate occupancy available.
“More and more people from outside of Bayonne are discovering this unique slice of Hudson County that offers a pleasant, small-town atmosphere with proximity to more urban trappings in neighboring Jersey City and New York City,” said Jonathan Kushner, president of KRE Group. “Bay 151’s well-appointed residences and extensive indoor and outdoor amenities embrace and enhance the area’s appealing character, and we’re delighted that so many residents have chosen to make it their home.”
Designed by Minno & Wasko Architects and Planners, Bay 151 is steps from Bayonne’s 45th Street light rail station and sits among a growing list of restaurant, retail and entertainment options in the city. The newest phase, which follows the successful lease-up of the first 200 units in 2020, launched last fall with an expanded selection of social and recreational amenity space for residents of the entire property.
Those offerings include a modern fitness center and an outdoor deck with dining areas, grilling stations and a resort-style swimming pool, the news release said. Residents also have access to a library and co-working space, a business center with individual workstations and a billiards room with club seating, among others.
At full build-out, Bay 151 will comprise 625 apartments and 10,000 square feet of retail space on a scenic, 16-acre property surrounded by New York Harbor. KRE and other developers have sought to capitalize on the city’s access to the New Jersey Turnpike, Interstate 78 and the Holland Tunnel, along with open space offerings and national retailers.
The firm added that property has a vast selection of pet amenities and services through a program known as Bark Buildings.
KRE marks expansion of Bayonne project with launch of 213-unit rental property
