The Silverman way: Developer’s latest project in Jersey City follows decades of engagement with residents, commercial tenants to help build Hamilton Park ‘ecosystem’

A new apartment building with commercial and coworking space is SILVERMAN’s latest addition to Jersey City’s Hamilton Park district, where it has spent four decades as a developer and investor with a highly visible, hands-on style and high level of engagement that has created an ecosystem where many residents live and work.

CBRE: LeFrak, insurance firm ink 34,000 sq. ft. deal to lead new office leases at Newport

An insurance firm has taken nearly 34,000 square feet of office space in Jersey City’s Newport district, in the largest of five newly announced leases in the area by brokers with CBRE.

On the ground

As you’ll read in this month’s cover story, the firm known as SILVERMAN is marking its latest milestone in Hamilton Park with a new mixed-use project just off the five-acre green space. Known as Swift & Co., the nine-story building houses 59 apartments and 80,000 square feet of commercial space that’s now fully leased to a mix of office and retail users, plus an upscale, 20,000-square-foot coworking lounge that’s home to dozens of other entrepreneurs and much-needed event space for the community. It’s the Silverman brothers’ latest addition to a neighborhood where they’ve built some 500 residential units and 150,000 square feet of commercial space over 35 years, doing so with a highly visible, hands-on style and high level of engagement with their tenants that has fostered an ecosystem where many residents live and work.

Cervelli: Five-unit rental building changes hands on Jersey City’s West Side

A local investor has purchased a five-unit apartment building in Jersey City’s West Side neighborhood, according to a team with Cervelli Real Estate and Property Management.

Journal Square site zoned for residential, mixed-use on the market for sale, eXp Realty says

A vacant development site in Jersey City’s booming Journal Square neighborhood has hit the market, in a newly announced offering by eXp Realty.

Veris buys out Ironstate, consolidates ownership of Jersey City Urby in $39 million deal

Veris Residential Inc. is now the sole owner of a distinctive 762-unit apartment tower in Jersey City after acquiring Ironstate Holdings’ 15 percent stake in the building.

Connell Foley LLP

With nearly 40 attorneys practicing in our Real Estate and Land Use Group, Connell Foley has the depth and experience to represent the full range of businesses and individuals with commercial real estate interests in New Jersey. From major national developers to financial institutions, private investment funds, public entities and business owners, our clients are sophisticated real estate investors who possess stakes in a wide variety of property types. We devise tailored plans, navigate regulatory hurdles and facilitate the successful completion of our clients’ projects, which include some of the most exciting and unique development opportunities in today’s real estate world.

Large blocks hit New Jersey office market in Q1, outpacing leasing volume as availability grows

The rate of available office space in New Jersey ticked upward in the first quarter, thanks to several large blocks hitting the market and what brokerage firms say was modest leasing activity.

Tishman Speyer lands $331 million loan for 924-unit second phase of Jersey City project

Tishman Speyer has secured a $331 million construction loan for a 924-unit apartment tower in Jersey City, the second piece of a two-phase development along the Hudson River.

Leases by cannabis, ice cream shops among newest New Jersey deals by Zoltek

A new cannabis dispensary is coming to Hudson County after a lease in Jersey City’s Heights section, in one of several recent deals by Zoltek Commercial Real Estate Services.