The longtime owner of two Jersey City apartment buildings has sold the 57-unit portfolio for nearly $10 million, in a newly announced transaction by Gebroe-Hammer Associates.
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.
A mixed-use, 20,000-square-foot building in the Journal Square section of Jersey City has changed hands, following a $3.4 million transaction by Grid Real Estate LLC.
The owner of a well-known office building in Jersey City has hired Newmark Knight Frank as its leasing agent, as it continues a sweeping overhaul of the 300,000-square-foot property.
The new owner of a 70,000-square-foot office building in Jersey City is planning a makeover, seeking to tap into the ongoing revival of the city’s Journal Square neighborhood.
The site of a well-known diner in Jersey City has changed hands, paving the way for potential redevelopment in the city’s newly revitalized Journal Square neighborhood.
A developer has taken the wraps off a project that would add 500 residential units and 50,000 square feet of retail and gallery space to Jersey City’s Journal Square neighborhood.
Kushner Real Estate Group and National Real Estate Advisors LLC have closed on $258 million in construction financing for the second phase of Journal Squared, their high-profile mixed-use development in Jersey City’s historic Journal Square neighborhood.
A fitness operator has leased 6,100 square feet in the Journal Square section of Jersey City, Colliers International announced, marking the concept’s second location in the city.
Another site in the Journal Square section of Jersey City is slated for redevelopment, with plans calling for a mixed-use tower with 110 hotel rooms and more than 200 residential units.
