Residential & Mixed Use
NJCC provides $8.6 million in predevelopment funding for Bayfront project in Jersey City

New Jersey Community Capital is taking a stake in the acclaimed Bayfront project in Jersey City, making an $8.6 million preferred equity investment in the West Side redevelopment.

Residential & Mixed Use
Jersey City breaks ground on landmark Bayfront project with 80 percent affordable housing

A development team has broken ground on the first piece of Jersey City’s long-awaited Bayfront project, a key focal point in the city’s plan to expand its affordable housing stock.

Government & Public Policy
EDA approves $64 million Aspire award for 210-unit Bayfront project in Jersey City

The first piece of the highly touted Bayfront housing project in Jersey City is moving ahead with the help of a newly approved, $64 million tax credit award under the state’s Aspire program.

Residential & Mixed Use
Jersey City’s Bayfront project awarded $1.6 million federal grant

Jersey City has snagged a $1.6 million federal grant for the highly touted Bayfront project, where plans call for hundreds of homes for low- and moderate-income renters as part of a sweeping redevelopment of 100 acres along the Hackensack River.

Top News
Jersey City: First phase of 100-acre, mixed-income Bayfront project to break ground in 2023

The first phase of the 100-acre Bayfront project in Jersey City is slated to include 209 apartments, 35 percent of which will be for lower-income renters. — Courtesy: Jersey City By Joshua Burd Developers will soon break ground on a…

Residential & Mixed Use
Jersey City approves redevelopment, affordable housing pact for first phase of Bayfront

Plans to transform Jersey City’s massive Bayfront property took a key step forward this week with the approval of a redevelopment agreement for the first phase, a proposed 209-unit building with more than a third of its apartments reserved for lower-income renters.

Residential & Mixed Use
Jersey City forges ahead with high-profile development pipeline, despite pandemic

While local officials across New Jersey have hit the brakes on large-scale projects, Jersey City has made a deliberate effort to keep its pipeline flowing since the start of the health and economic crisis, as many developers remain bullish on its booming residential market.

Editor’s Note
In spite of it all

It was a busy spring, surprisingly so, and I know many of you would agree. I’ve seen it firsthand in the lease and sale announcements that have continued to hit my inbox these last three months, with many of them offering praise to the parties involved for getting the deal done in the midst of “challenging economic times” or “uncertain market conditions.” I know full well that much of the industry is still hurting. We won’t lose sight of that. But we will take the opportunity to highlight some of the positive things that are happening in spite of the pandemic.

Residential & Mixed Use
Jersey City names development team to launch 100-acre, mixed-income Bayfront project

Officials in Jersey City have unveiled the team that will kick off the 100-acre Bayfront project, a plan that would create the largest mixed-income development in the region.