GN Management buys Panepinto interest, development rights for 579-unit tower at Harborside 9

Panepinto Properties has sold one of two newly acquired development sites in Jersey City to GN Management, a fellow real estate firm based in the city, setting the stage for the latter to build a 57-story, 579-unit apartment tower alongside another planned high-rise.

Panepinto closes deal for Harborside parcels in Jersey City, advancing long-awaited plan for 1,257-unit development

Veris Residential Inc. has sold a Jersey City development site to Panepinto Properties for $75 million, in a deal arranged by Cushman & Wakefield, marking a key step in a plan to develop two high-rises with a combined 1,257 apartments and new amenities for the area.