The first residents have moved into a new luxury condominium tower in Jersey City’s landmark Newport section, marking a milestone for a high-profile redevelopment on the Hudson River.
The first residents have moved into a new boutique condominium building in Jersey City, where buyers have snapped up more than two-thirds of its 71 luxury homes.
A new two-building luxury condominium project in Jersey City is more than 50 percent sold, as its developer hails the completion of vertical construction in the city’s Newport section.
A developer has launched sales at its first project in New Jersey, a two-building luxury condominium project along the Hudson River waterfront in Jersey City.
As an investment opportunity, 800 Scudders Mill Road checked just about every box. A state-of-the-art, trophy office complex that was only three years old. A prime location just outside Princeton. And, perhaps most important of all, a net lease with a blue-chip, global pharmaceutical giant, Novo Nordisk Inc., with a longstanding presence in the market.
For a company that had been in the U.S. for nearly three decades, it was only about four years ago that the conglomerate known as China State Construction Engineering Corp. suddenly caught the attention of New Jersey’s commercial real estate market.
The U.S. affiliate of a Chinese construction giant has broken ground on its first project in Jersey City, a 358-unit condominium complex within the city’s waterfront Newport section.