Page 347 of 377 FirstFirst ... 247297337343344345346347348349350351357 ... LastLast
Results 5,191 to 5,205 of 5642

Thread: Jersey City Rising

  1. #5191
    Jersey Patriot JCMAN320's Avatar
    Join Date
    May 2003
    Location
    Jersey City
    Posts
    4,444

    Default

    ^^^Holy Crap DOMINIRICAN!!!! It something simple but could be a large signal that 1JS is almost shovel ready!!!!

  2. #5192
    Jersey Patriot JCMAN320's Avatar
    Join Date
    May 2003
    Location
    Jersey City
    Posts
    4,444

    Thumbs up First New Office Space in Grove St. area in 10 years

    Developers tout Jersey City residential building's co-working space
    By Joshua Burd, August 23, 2016 at 11:03 AM


    The Charles & Co. residential building in Jersey City includes 20,000 square feet of co-working space. - (SILVERMAN)

    When it opened last summer at the corner of Grove and Montgomery streets, Charles & Co. was among the latest high-end residential, amenity-rich buildings to come to downtown Jersey City.

    It was also the latest project for Eric and Paul Silverman, who have been developing in Jersey City for more than 30 years. But the brothers designed this building with one particular feature not seen elsewhere in their portfolio — a 20,000-square-foot co-working space.

    It’s a feature that they hope will fill a need in the neighborhood.

    “We think it’s a pretty deep market of people that are going to want this type of beautiful space and not be committed to a long-term lease,” said Eric Silverman, principal with the firm known as SILVERMAN. “There are a lot of entrepreneurs and people who have spaces in New York that want to work from New Jersey two or three times a week. So this will be perfect.”

    The developer is now preparing to open the space as the latest phase of Charles & Co., a seven-story, 99-unit building named after a former carpet and flooring store located at the site. The co-working space will be known simply as &co, and Silverman is touting it as the first new commercial office space in the Grove Street neighborhood in 10 years.

    But Silverman said it was about five years ago when he first heard about co-working, noting that the concept was legitimized by the rise of WeWork. It wasn’t long before his firm began to consider bringing the idea to the Charles & Co. project, especially given that there is only one true office building near the Grove Street PATH station.

    “Besides that, there’s nothing in the Grove Street area,” Silverman said. “And we wanted our restaurants and other retailers to do well during the day, so we decided to allocate 20,000 square feet in our new building for office space.”

    All told, it will have nearly two dozen offices that will be marketed toward artists and entrepreneurs, and SILVERMAN is in discussions with several prospective tenants. One tenant has already committed — Bedminster-based Christie Engineering, which has several assignments along the Hudson waterfront and was seeking a presence in the area

    The firm will have around 10 employees at &co, Silverman said. Like other tenants, Christie will have access to all of the amenities that residents enjoy in the building, including an outdoor terrace space, a wellness room and gym, plus a lobby that is “dually functional and secure for residential and office.”

    Silverman said the firm envisions 200 to 300 people in the co-working space at full capacity, bringing a much-needed daytime population to the Grove Street area. He expects some of them to be residents of Charles & Co. or nearby buildings, putting a new spin on working from home.

    “We’ll get people out of the cafes and out of their homes,” he said. “And it will be companies like Christie that want a presence in Jersey City.”

    http://www.njbiz.com/article/2016082...oworking-space

    =-=-=-=-=-=-=-=

    Co-working spaces have become very popular and another co-working space will be coming to Jersey City at 1JSQ. Hopefully this is a trend that continues here!

  3. #5193
    Senior Member
    Join Date
    Nov 2006
    Location
    Hell's Kitchen
    Posts
    312

    Default

    If you want to know why there were previous zoning approvals, it's because the sites were being marketed as development sites, and previous owners had different ideas on how to best market the sites. They wanted to cash out though a sale, and let an experienced developer build.
    ASchwarz, you're the one posting nonsense. . First of all, you're FLAT OUT WRONG that Kushner hadn't gone before the planning board for approval before:

    http://www.nj.com/hudson/index.ssf/2...nal_squar.html

    Second of all, the previous developers were NOT marketing as development sites. They were committed to finding financing and beginning construction. In fact, they got into a legal tussle with the city because they wanted to hold on to the site and keep on trying to find financing, but the city got fed up with that and decided to roll the dice on a new developer.

    http://www.nj.com/hudson/index.ssf/2...per_threa.html


    There's a difference between negativity and realism. I love Journal Square. I live here and I plan to stay here for the long term. I hope that this project DOES happen. But there have been so many announcements about this development site over the years that it's gotten completely absurd. I must've wasted hours just reading articles about "imminent construction" at this development site.

    That's why I think it's worth reminding people not to get too excited just yet. I'd love to see some real movement on this project. I am crossing my fingers and hoping past performance is not indicative of future results, but I'm not holding my breath. Here's some more history: http://www.nj.com/hudson/index.ssf/2..._property.html
    Last edited by Hamilton; August 26th, 2016 at 01:08 PM.

  4. #5194

    Default

    Hopefully the pics DomiRican posted from the1 Journal Square site is a sign that the long awaited transformation of the Square is indeed imminent. Yes, we need results, not promises... but this is the most advanced proposal from Kushner and I don't believe he'd go into so much detail if he were screwing around. I understand and have shared Hamilton's distrust and impatience, but I think things really are going to move forward.

    Great news about the coworking trend which will substantially be represented in Charles and Co. as well as 1 Journal Square, JCMAN as well as the great new developments going on the Liberty State Park area. I think we do need to concentrate less on adding parking and the congestion and stress it brings to our already heavily taxed roads and emphasize development like this and in Journal Square, around transit like light rail, subways and buses. Not always the high risers that are interesting projects... dense but smaller scale development fill ins throughout the city are welcome and needed(love that kind of development which is now getting into full swing along the Jersey City West Side area).

  5. #5195
    Forum Veteran West Hudson's Avatar
    Join Date
    Jun 2006
    Location
    Jersey City/Harrison, NJ
    Posts
    1,732

    Default

    Speaking of Silverman, does anyone know the timeframe within which they plan on starting construction on their proposed building next to Grove Point on Marin? From the rendering it looks like it will add some good architectural diversity to that area.

  6. #5196

    Default

    Don't know when but agree... the architect's website shows a very nice design that definitely adds a little oomph to the skyline.. supposedly will be about the same height as the Morgan(which is okay but I like the base more) which is about 400 ft.

  7. #5197
    Jersey Patriot JCMAN320's Avatar
    Join Date
    May 2003
    Location
    Jersey City
    Posts
    4,444

    Thumbs up JSQ and NJCU West Campus news

    Citybooster indeed you are right regarding the West Side development. As students commence a new year at NJCU, the two new market rate NJCU West Campus residential buildings on West Side Avenue have commenced construction this week. Bulldozers and other construction equipment have started to grade the land and Claremont Construction has posted delivery drop off signs and renderings of both buildings near the West Side Avenue sidewalk. Article about new buildings below.

    http://www.nj.com/jjournal-news/inde..._to_recei.html

    The old Mueller Pasta Factory on Baldwin Avenue in JSQ has been demolished and looks like it might be ready getting ready for construction soon. Article regarding development of four new buildings on site which include two high rises below.

    http://www.nj.com/hudson/index.ssf/2...ld_jersey.html

    https://www.google.com/maps/@40.7276...!3m1!1e3?hl=en

  8. #5198

    Default

    Anyone think the JSQ market, and JC in general, is going to saturate? The luxury market in JC is largely a spillover from NYC. NYC is going to see 40,000 units come on line in the next two years. Is this going to drive down the upper end of NYC rents, and remove the incentive to cross the river? Now maybe there's enough demand to soak up this inventory without a hiccup, but maybe not.

  9. #5199

    Default

    Quote Originally Posted by BBMW View Post
    Anyone think the JSQ market, and JC in general, is going to saturate? The luxury market in JC is largely a spillover from NYC. NYC is going to see 40,000 units come on line in the next two years.
    That's a very low number of units. A fast-growing city of 8.5 million should not be producing only 20,000 units per year. Keep in mind that NYC used to build 50,000+ units annually, year after year, for the first 70 years or so of the 20th century (with exception for Great Depression/WW2).

    If your numbers are correct, then the housing shortage should continue, and JC should continue to get massive spillover from NYC.

  10. #5200

    Default

    Quote Originally Posted by JCMAN320 View Post
    Citybooster indeed you are right regarding the West Side development. As students commence a new year at NJCU, the two new market rate NJCU West Campus residential buildings on West Side Avenue have commenced construction this week. Bulldozers and other construction equipment have started to grade the land and Claremont Construction has posted delivery drop off signs and renderings of both buildings near the West Side Avenue sidewalk. Article about new buildings below.

    http://www.nj.com/jjournal-news/inde..._to_recei.html

    The old Mueller Pasta Factory on Baldwin Avenue in JSQ has been demolished and looks like it might be ready getting ready for construction soon. Article regarding development of four new buildings on site which include two high rises below.

    http://www.nj.com/hudson/index.ssf/2...ld_jersey.html

    https://www.google.com/maps/@40.7276...!3m1!1e3?hl=en
    Definitely will be a great addition to the West Side area and so exciting that this area is going to really blossom over the next decade or two as the projects get built out and whole new neighborhoods spring up as a result.

    Look forward to the progress on the new development on the Mueller's property. Of course I love the high rises but the smaller to mid size fill in is very important too. I like that the two bigger towers will be roughly 300 ft, 25 stories each... it's good to have a gradual transition wherever possible between heights from the residential areas outward.

  11. #5201
    Jersey Patriot JCMAN320's Avatar
    Join Date
    May 2003
    Location
    Jersey City
    Posts
    4,444

    Thumbs up Hyatt House Update

    Quote Originally Posted by citybooster View Post
    Definitely will be a great addition to the West Side area and so exciting that this area is going to really blossom over the next decade or two as the projects get built out and whole new neighborhoods spring up as a result.

    Look forward to the progress on the new development on the Mueller's property. Of course I love the high rises but the smaller to mid size fill in is very important too. I like that the two bigger towers will be roughly 300 ft, 25 stories each... it's good to have a gradual transition wherever possible between heights from the residential areas outward.
    Yeah the West Side is really seeing a movement of young professionals as well around Lincoln Park and in the neighborhoods around the West Campus which have always been stable middle class neighborhoods.

    See below for update on the Hyatt House.

    =-=-=-=-=-=-=-=-=

    UPDATE ON HYATT HOUSE HOTEL & ROOFTOP LOUNGE
    SEPTEMBER 8, 2016 LJ


    Hyatt House Jersey City

    A reader sent us a tip on Jersey City’s new Hyatt House Hotel. The new hotel — located at One Exchange Place — formerly housed the First National Bank of Jersey City (the first bank ever built in New Jersey).

    The ambitious project to renovate and reuse the 92-year old building first broke ground in August of 2014 and little has been know about the project since then. However, new information indicates that the hotel could be prepping for an opening soon.

    According to a recent release, Hyatt and Concord Hospitality claim that they will “soon welcome guests” to their new 258-room property, which in addition to the hotel, will feature 10,000 square feet of street-level retail space, an outdoor lounge, and an upper-level lobby.

    The rooftop lounge will feature a retractable glass enclosure — designed by roof experts OpenAire — that can remain open in fair weather and can be easily closed during the colder months.

    Keep in mind, this project was expected to open in late 2015 and the image below shows there’s still work to be done on the rooftop lounge. Also, the hotel’s website calls for a 2017 opening (which actually isn’t that far off).

    We’ve reached out to Hyatt and Concord and will update if we receive further info. There’s also a promo video below, which was made back in 2014. —Hyatt House Jersey City (thanks J!)

    https://www.morningstar.com/news/can...ity-hotel.html




    http://www.jerseycityupfront.com/upd...ooftop-lounge/
    Last edited by JCMAN320; September 8th, 2016 at 05:25 PM.

  12. #5202

    Default

    Looks very nice, JCMAN! The rooftop additions as seen from the demonstration video look awesome! While at first the glass additional flors lok a bit jarring compared with the classic look of the building, the details really make it look like something very much worth looking forward to, and loved the wraparound look at the street level impact of the hotel... I love what Hyatt and Concord is doing here, and it adds greatly to the 24/7 vitality of the neighborhood around Exchange Place.

  13. #5203

    Default

    how is work progressing at 99 Hudson and 70 (90?) Columbus? thx

  14. #5204
    Jersey Patriot JCMAN320's Avatar
    Join Date
    May 2003
    Location
    Jersey City
    Posts
    4,444

    Thumbs up McGinley Square Development

    Work to start on 53-unit building in Jersey City 'jewel,' McGinley Square

    By Terrence T. McDonald | The Jersey Journal
    Email the author | Follow on Twitter
    on September 15, 2016 at 2:36 PM, updated September 15, 2016 at 3:22 PM


    Renderings show plans for a five-story, 58-unit residential development planned for Bergen and Fairmount avenues in Jersey City. Courtesy of Jersey City
    Terrence T. McDonald | The Jersey Journal


    JERSEY CITY — City officials joined development firm KABR Group this morning to mark the beginning of construction of a $13.5 million five-story apartment building planned for the city's McGinley Square neighborhood.

    The 53-unit apartment building, which will include ground-floor commercial space, will be located on a lot that was formerly a parking lot across the street from the Bergen Avenue Wonder Bagels. It is the first major residential construction project to begin in the neighborhood, which sits just south of Journal Square.

    Ken Pasternak, chair of KABR Group, which is also planning along with Kushner Companies to construct three high-rises in Journal Square, compared McGinley Square to Brooklyn before the New York City borough become a target for real-estate development.

    "This is one of the top five undiscovered gems," Pasternak said. "You have a little jewel here and your time, to go back to my father's saying, is now."

    The market-rate apartment building is expected to open by July 2018.

    It is just across the border into Ward F, which includes much of the inner city and has struggled to attract residential and commercial development in the past. The ward's councilwoman, Diane Coleman, credited Mayor Steve Fulop's administration with a recent spate of projects in the area.

    "His plan was to make sure we build up all of Jersey City," Coleman said today. "This administration has given Ward F a ground to stand on."

    The Fulop administration has lured developers to areas like McGinley Square with lucrative tax abatements. The building that will go up at Bergen and Fairmount avenues received a 30-year tax break earlier this year that stands to save the developers as much as $2.9 million over the course of the deal.

    Adam Altman, managing partner at KABR Group, said the project is "absolutely part of the Jersey City revitalization story."

    Terrence T. McDonald may be reached at tmcdonald@jjournal.com. Follow him on Twitter @terrencemcd. Find The Jersey Journal on Facebook.

    http://www.nj.com/hudson/index.ssf/2...rt_river_index

  15. #5205
    Jersey Patriot JCMAN320's Avatar
    Join Date
    May 2003
    Location
    Jersey City
    Posts
    4,444

    Thumbs up NJCU University Place Break Ground & Cuts Ribbon on new Dorms

    Developers celebrate major NJCU project groundbreaking
    By Andrew George, September 13, 2016 at 8:35 AM


    A rendering of the planned University Place project at New Jersey City University. - (THE HAMPSHIRE COMPANIES)

    Alongside joint venture partner Claremont Companies and project investment advisor Circle Squared Alternative Investments, the Hampshire Companies kicked off a groundbreaking celebration Monday in Jersey City for the start of a major redevelopment project on the campus of New Jersey City University.

    The first phase of the $400 million mixed-use project calls for the creation of 163 market-rate apartments and roughly 10,000 square feet of retail space along the busy West Side Avenue corridor, with developers aiming to begin offering occupancy as early as next year.

    The plan eventually calls for the redevelopment of eight buildings, including 100,000 square feet of space for a performing arts center and academic building. Work on the next phase of the project is set to be completed and available for use by 2018.

    Near the redevelopment area, NJCU also held a ribbon cutting ceremony Monday to officially open a new 425-bed undergraduate residence hall on the western part of the campus.

    Company officials say the new project, dubbed “University Place”, will help create a link between the campus and the nearby neighborhood.

    “This project will transform NJCU’s west campus into a modern urban community with expanded access to retail and local amenities,” said Norman Feinstein, vice chairman at Hampshire. “Jersey City continues to evolve into place that people live, work, play and learn and University Place is an integral part of the continued evolution of the city. Through the vision and support of NJCU, Jersey City’s elected leadership, Claremont Companies, and Circle Squared Alternative Investments, we are bringing that vision to life and creating a vibrant community destination for residents and students.”

    Developers stressed that the redevelopment project is located just one-third of a mile from a Hudson-Bergen Light Rail stop, connecting students and neighborhood residents to Hoboken and New York.

    “Our investors recognize Jersey City as one of the best and most developer friendly markets in the country for mixed-use residential and retail development and understand the importance of working with partners like Hampshire and Claremont,” said Jeffrey Sica, Circle Squared founder and president. “The opportunity this development offers our investors is a chance to be a part of something that will completely transform a neighborhood. At Circle Squared, we do more than connect investors to real estate deals managed by the best in the business, we connect them with the communities that these development projects enhance.”

    Phase one of the project will also include more than 25,000 square feet of indoor and outdoor amenity space, multiple bike terminals and 177 new structured parking spaces.

    “This transformative project will offer all of the luxury and lifestyle amenities of comparable waterfront/downtown properties at affordable price points,” added Claremont Cos. director Richard Sciaretta.

    http://www.njbiz.com/article/2016091...groundbreaking

Similar Threads

  1. New Jersey running out of Open Space
    By Kris in forum New York Metro
    Replies: 67
    Last Post: March 3rd, 2015, 10:06 AM
  2. 3 New Towers in Jersey City
    By Zoe in forum New York Metro
    Replies: 23
    Last Post: November 2nd, 2012, 06:55 AM
  3. Envisioning a Safer City Without Turning It Into Slab City
    By Kris in forum New York City Guide For New Yorkers
    Replies: 11
    Last Post: October 7th, 2006, 02:27 PM
  4. Brooklyn to Jersey City
    By JCMAN320 in forum New York City Guide For New Yorkers
    Replies: 7
    Last Post: September 2nd, 2003, 08:04 PM
  5. Bear Stearns cancels Jersey City move
    By NYguy in forum New York Real Estate
    Replies: 5
    Last Post: February 27th, 2003, 11:12 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


Google+ - Facebook - Twitter - Meetup

Edward's photos on Flickr - Wired New York on Flickr - In Queens - In Red Hook - Bryant Park - SQL Backup Software