As you’ll read in this month’s cover story, 601W Cos. is drawing on that experience as it prepares to reposition the 2 million-square-foot Harborside property, which it acquired earlier this year from Veris Residential Inc. for a whopping $420 million. Its plans include the addition of important but notably absent amenities such as a fitness center, a conference center and a tenant lounge, as well as a 10,000-square-foot rooftop deck that will provide uninterrupted views of Manhattan. That vision will take shape in the months ahead as 601W looks to meet the demand for dynamic, upscale spaces despite unease within the office market — with the belief that the best is still to come for Jersey City.
Greenspot
Greenspot develops, installs, operates and maintains electric vehicle (EV) charging stations. Greenspot is a Charge Point Operator (CPO), so we own the charging stations and network. Our business model is to invest in technology to sell electricity to EV drivers. Greenspot provides everything property owners and managers need to monetize their parking lots without CapEx and the headache of ownership. Greenspot does this by installing charging stations on the property, operating and generating revenue, covering the cost of expenses and then sharing profits. Greenspot will continue to make the investment in the technology (e.g. Upgrades to faster and wireless charging) and expansion to provide drivers with more access to EV charging spots. Over time there will be many more EVs coming to your property and, as the charging stations expand, the NOI will grow significantly.
