A development team has scored $220 million in financing to complete a 56-story high-rise in Jersey City, one that’s slated to include 542 apartments and a 154-key hotel after it was redesigned mid-construction to allow for a major expansion.
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.
Tishman Speyer is set to break ground on the first of two new luxury apartment towers that will add nearly 2,000 new apartments in total to Jersey City’s booming waterfront.