The next chapter: Inside 601W’s plan to reposition Jersey City’s iconic Harborside office complex

Manhattan-based 601W Cos. is advancing its plans to reposition Harborside buildings 1, 2 and 3 in Jersey City, a nearly 2 million-square-foot office complex along the Hudson River, after acquiring the property from Veris Residential Inc. for $420 million.

Birch Group, Jefferies ink 60,000 sq. ft. renewal at 101 Hudson in Jersey City, CBRE says

Financial services firm Jefferies has renewed its 60,000-square-foot lease at a well-known Jersey City office tower, in the largest of several newly announced deals by CBRE.

Family office sells 41-unit Jersey City apartment building for $8 million, CBRE says

A private investment group has purchased a 41-unit apartment building in Jersey City for more than $8 million, according to a brokerage team with CBRE.

Related plans 750 rentals in Jersey City after $58 million land deal with Veris

Veris Residential Inc. has completed its sale of a Jersey City development site to Related Cos., whose plans for the parcel call for 800 apartments one block from the Hudson waterfront.

Waterfront reboot

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.

KRE, National land $124 million refi of 458-unit Jersey City rental tower, Cronheim says

Kushner Real Estate Group and National Real Estate Advisors have secured more than $124 million to refinance a 458-unit residential tower in downtown Jersey City.

JLL: Buyer wanted for new 350-unit luxury rental tower in Jersey City

A newly built, 350-unit apartment tower in one of Jersey City’s fast-growing neighborhoods is on the market for sale, under a newly announced offering by JLL.

Association honors Jersey City apartment developers, builders in inaugural awards program

Real estate leaders along the Hudson waterfront took center stage last week when the Jersey City Apartment Owners Association hosted a newly launched awards program.

Six office tenants lease 22,000 sq. ft. at 30 Montgomery in Jersey City, C&W says

Six tenants have combined to lease nearly 22,000 square feet at an office building in downtown Jersey City, in a series of recent deals arranged by Cushman & Wakefield.

Halpern plans early 2024 delivery for new 337-unit rental project in Jersey City

A new 337-unit luxury apartment building in Jersey City’s growing West Side neighborhood is on track to open in early 2024, developer Halpern Real Estate Ventures said Thursday.