Jersey City
$152 Million In Construction Financing Secured For 35 Cottage Street in Journal Square, Jersey City
JLL Capital Markets has secured $152 million in construction financing for the development of 35 Cottage Street, a 588-unit apartment building in Journal Square, Jersey City, New Jersey. The financing was secured on behalf of the borrower, Namdar Group, with senior financing provided by Centennial Bank and mezzanine financing through a private lender.
New Renderings Revealed For The Birch House At 49 Fisk Street In Jersey City, New Jersey
The Bisby Nears Completion at 30 Park Lane North in Newport, Jersey City
Work is nearing completion on The Bisby, a 34-story residential building at 30 Park Lane North in the Newport section of Jersey City, New Jersey. Developed by the LeFrak Organization with interiors designed by Woods Bagot Architects, the structure will yield 385 units in studio to three-bedroom layouts, including many with private balconies.
Tishman Speyer Acquires 50 and 55 Hudson Street for Two-Tower Project in Jersey City
Tishman Speyer has completed the acquisition of land for a new mixed-use development at 50 Hudson Street and 55 Hudson Street in Jersey City. The project, which has been designed in collaboration between Handel Architects, Marchetto Higgins Stieve Architects, and landscape architect Melillo Bauer Carman, is situated on the Hudson River waterfront and plans to yield approximately 2,000 apartments.