Harbor 1500 in Weehawken — Courtesy: The Maxal Group/Hartz Mountain Industries
By Joshua Burd
A joint venture is off to a fast start at a new 236-unit luxury rental property in Weehawken, having leased nearly 60 apartments in only a month.
The Maxal Group and Hartz Mountain Industries announced last week that the waterfront complex, Harbor 1500, was 25 percent leased after debuting in early February. The project has attracted new renters to the town’s Lincoln Harbor neighborhood with its high-end interiors and amenities, plus a design that extends the structure 764 feet into the Hudson River.
“The response to Harbor 1500 has eclipsed our high expectations,” said Bruce Sturman, managing director of The Maxal Group. “Harbor 1500 is in a special location that allows residents an extremely unique on-the-water living experience, and we’re finding that it’s especially attractive to renters who want the sophisticated lifestyle found at Manhattan’s most elite buildings, but with more space and at a more accessible price point.”
Apartments have leased with rents starting from $2,190 for studios and to $4,110 for two-bedroom units. Designed by Minno & Wasko Architects and Planners, the project is Hartz Mountain’s latest addition to the 60-acre Lincoln Harbor neighborhood, which has long been home to residential, retail, restaurant, office and hotel space.
The firm is also developing a new Whole Foods store that will open across the street from Harbor 1500.
“What we’ve created at Harbor 1500 is undoubtedly the most high-end product to come to market along the New Jersey Gold Coast,” said Gus Milano, president and chief operating officer of Hartz Mountain Industries. “The swift leasing pace underscores what we already knew — that there was a strong demand in the marketplace for a residential building of this caliber, with elevated design and amenities that speak to today’s modern renter.”
Along with the property’s upscale interiors, Maxal and Hartz also touted Lincoln’s Harbor’s mass transit access, which includes bus, light rail and ferry service. The neighborhood is adjacent to the Lincoln Tunnel entrance, while providing access to open space such as the Hudson River Waterfront Walkway and the recently built, 400-foot Weehawken Pier.