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  #221  
Old Posted Jul 8, 2017, 1:55 PM
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  #222  
Old Posted Nov 8, 2017, 3:18 PM
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Wondering why Urby II hasn't started construction yet despite Urby I nearly fulled leased? You're not the only one. It looks like Urby II and III are being put on the back burner in favor or 25 Christopher Columbus, which was recently acquired by the same developer, and a new taller two-tower development, on the waterfront, cattecorner to where Urby I is now.

This new development is known as Harborside 8 and 9. Harborside 8 is planned for 675 units. For reference, Urby I has 762. Harborside 9 is planned for 1325 units...

Look at slide 42 - http://investors.mack-cali.com/file/...ile=1500105156
     
     
  #223  
Old Posted Nov 8, 2017, 10:15 PM
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Quote:
Originally Posted by Submariner View Post
That's the first thing that came to my mind...pulled straight out of some dumpy Radison hotel circa 1995. They should have built boxes around them, at the very least...
why do some many building in NYC build very cheap air con's when real estate is so expensive?

I've never understood this
     
     
  #224  
Old Posted Nov 9, 2017, 7:31 PM
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Quote:
Originally Posted by CIA View Post
Wondering why Urby II hasn't started construction yet despite Urby I nearly fulled leased? You're not the only one. It looks like Urby II and III are being put on the back burner in favor or 25 Christopher Columbus, which was recently acquired by the same developer, and a new taller two-tower development, on the waterfront, cattecorner to where Urby I is now.

This new development is known as Harborside 8 and 9. Harborside 8 is planned for 675 units. For reference, Urby I has 762. Harborside 9 is planned for 1325 units...

Look at slide 42 - http://investors.mack-cali.com/file/...ile=1500105156
good catch and interesting. hmm, it's all great news, but we want the next two urbys too. its a damn cool building, both from afar and up close. so bring on more.
     
     
  #225  
Old Posted Nov 9, 2017, 7:52 PM
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I knew something was up when Journal Squared II broke ground while Urby II was mum. A timid developer would have went along with Urby II since Urby I is a major success, leasing nearly all its units in seven months at rents above their proforma. Mack Cali is not timid and are choosing to go for other options. It makes me wonder what the grand vision for the waterfront. What's so important it justifies the delay of pursuing with phase 2 of Urby? It can be implied from looking at the report that the next phase of Urby isn't going to breakground in 2018 while 25 Columbus and Harborside 8 & 9 will.
     
     
  #226  
Old Posted Jan 11, 2018, 2:13 AM
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  #227  
Old Posted Jun 23, 2018, 8:18 PM
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Jersey City by Martin Jones, on Flickr
     
     
  #228  
Old Posted Jul 5, 2018, 2:43 PM
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Screenshot from clip: Majestic Flights


     
     
  #229  
Old Posted Jul 15, 2018, 11:32 AM
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Pic by me. Taken 7-14-18.




20180714_192044 by Christopher Estevez, on Flickr
     
     
  #230  
Old Posted Jul 15, 2018, 3:24 PM
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What is the timeline for the next tower?
     
     
  #231  
Old Posted Aug 22, 2018, 7:37 PM
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Pic by me. Taken today.

The Jersey City Canyon with URB in the back. Will look crazy once Phase II and III finish.




URB Canyon by Christopher Estevez, on Flickr
     
     
  #232  
Old Posted Aug 25, 2019, 4:08 AM
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Pics by me. Taken today.




     
     
  #233  
Old Posted Aug 25, 2019, 8:27 PM
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I was wondering about this project the other day. Interested in what's causing the delay with Phase II.
     
     
  #234  
Old Posted Aug 25, 2019, 8:36 PM
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Maybe they didn't realize how ugly it was until they built it.
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  #235  
Old Posted Aug 25, 2019, 9:42 PM
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Quote:
Originally Posted by jayden View Post
I was wondering about this project the other day. Interested in what's causing the delay with Phase II.
Right now they are parking lots. If I recall, I heard a figure of 2020/2021 for Phase II.

Originally the plan was to wait until Phase I was fully sold, and than proceed to phase II but no action as of yet or within the proximity of URB Phase I that I could observe.
     
     
  #236  
Old Posted Aug 26, 2019, 9:07 PM
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  #237  
Old Posted Sep 11, 2019, 2:32 PM
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Is Urby 1 fully booked? Because i guarantee Urby 2 will get at least 75% booked? Why? Because, NEW!

I wonder how fast 2 will rise. If i recall 1 went from first beam to top out in a year.
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  #238  
Old Posted Sep 12, 2019, 2:16 PM
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Quote:
Originally Posted by jayden View Post
I was wondering about this project the other day. Interested in what's causing the delay with Phase II.
Come on now. It's not that ugly. I mean it could of made in the brutal style.
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  #239  
Old Posted Mar 18, 2020, 10:17 PM
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Phase Two of Downtown Jersey City’s Urby Could Be Scaled Back

Quote:
Almost half a decade after the first phase of the Urby development helped re-shape Downtown’s skyline, several indicators have emerged that the second portion of the project is likely to be scaled back to a single tower.

One of the largest residential developments in Jersey City if not the entire Garden State, the announced three-tower mega-project at 200 Greene Street heralded a new era of development when it surfaced back in 2015. A partnership between Ironstate Development and Mack-Cali subsidiary Roseland Residential Trust, construction of Urby’s first 69-story tower wrapped in 2016 and quickly set leasing records.

Phase one of the project, which has drawn retail tenants like Ample Hills Creamery and the Bib Gourmand-awarded DomoDomo, included 763 rental apartments. The totality of the Urby development was slated to include three 69-story towers and a combined 2,358 residential units, but a neighboring parcel set to host the other high-rises has remained a parking lot for several years.

It looks like 2020 might be the year we see some movement on the second phase of Urby, but at a scale that’s a bit smaller than what was originally pitched. Financial news website The Motley Fool recently posted a transcript of Mack-Cali’s 4th Quarter Earnings Call that took place late last month and Urby was one of the company’s future projects that was discussed at length.


Mack-Cali CEO Michael DeMarco revealed during the call that phase two of Urby will be “going back to the city and getting a site plan approval.” Later in the call, Roseland Residential Trust Chairman Marshall Tycher described the second phase of Urby as a proposed 796-unit tower, which would be significantly smaller than what was previously announced.
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Jersey Digs
     
     
  #240  
Old Posted Mar 19, 2020, 12:40 AM
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^ nice i always wondered what was going on with this stalled out trilogy of jenga towers.

the first one is absolutely mammoth in person. sounds like now it will get a smaller twin and thats it.

btw i just read somewhere ample hills went out of business immediately with the corona.
     
     
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