Solomon: KRE to add affordable housing to Journal Square project, ending plans for Pompidou museum

KRE Group has officially scrapped plans to house a highly touted museum in its latest Jersey City rental project, opting instead to bring affordable housing and potential community space to the site under an agreement with the city’s new mayor.

KRE lands $175 million loan from Kennedy Wilson for new 595-unit Journal Square tower

Kushner Real Estate Group has secured a $175 million senior construction loan for a new 595-unit luxury apartment tower in Journal Square, its latest in the booming Jersey City district.