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  #61  
Old Posted Mar 8, 2006, 1:21 AM
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The new design's definitely an improvement.
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  #62  
Old Posted Mar 9, 2006, 1:18 AM
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Another giant on Hudson Street

Apartment complex of 901 units to be constructed on same block as state's tallest building


77 HUDSON ST. – Construction on the 500-foot building
near the Jersey City waterfront is expected to start in
late spring or early summer this year.

Number 77 Hudson St. will soon be another new destination on the Jersey City waterfront. The address once designated for a 32-story office building instead will be occupied by a 48-story, 901-unit luxury twin-tower building.

The Planning Board approved the building for construction at a meeting on Feb. 7.

One tower will contain approximately 420 condominium units with 420 parking spaces and 10,914 square feet of retail space. The tower will be built by nationally known homebuilders K. Hovnanian Companies of Edison.

The other tower will contain 481 rental units with the same number of parking spaces and 10,181 square feet of retail space. That tower will be built by EQR-Urban Renewal of Vienna, Va.

All parking spaces will be in a garage.

The building is being considered for a 20-year tax abatement by the City Council, with the final approval to be granted at their next meeting this Wednesday.

At 500 feet, the building will be the second-largest building on the block - after 30 Hudson St., the state's tallest building at 791 feet.

Construction is expected to start in late spring or early summer this year, with K. Hovnanian and EQR building simultaneously.

Growing up six years later

In April 2000, the Jersey City Planning Board approved a 32-story office tower with 646 parking spaces for 77 Hudson St. The developers were to have been Secaucus-based commercial real estate developers Hartz Mountain Industries, also owners of the property.

But a Hartz Mountain representative said recently that the office market boom that occurred in the late 1990s in Jersey City began to slow down by 2003, and the decision was made not to go ahead with building a new office space.

Architectural renderings of 77 Hudson St. show that entrances for the building will be on Hudson Street for the east tower and Greene Street for the west tower, with the parking garage entrance on Sussex Street.

Doug Fenichel, spokesperson for K. Hovnanian, commented last week on the uniqueness of the project for the firm.

"It's certainly our first skyscraper, so we are very excited," Fenichel said. "Usually we are known for our portfolio of single-family homes, but this project shows our diversity in urban building."

Fenichel did not give details of how much K. Hovnanian's part of the project will cost and could not give the prices because those amounts, as well as the square footage for the condos, are still being determined. K. Hovnanian plans to build 42 studio, 232 one-bedroom, 110 two-bedroom, and 36 three-bedroom condos.

Using the pricing figures of the condos at the near-completed K. Hovnanian at Exchange Place in Paulus Hook, one-bedroom condos could average $450,000 and up, while two-bedroom units could go for at least $650,000.

K. Hovnanian was also the developer of the Droyers Point community, located on Kellogg Street near Route 440.

EQR did not return a call for comment. They are planning to construct 113 studio, 238 one-bedroom and 130 two-bedroom apartments.

EQR is the developer of several luxury apartment complexes in Downtown Jersey City, including Portside Towers on Washington Street, Hudson Pointe on Dudley Street, and The Pier.

Based on their other Jersey City developments, pricing for the EQR apartments could range from $1,775 for a studio apartment at Portside Towers to $6,000 for a three-bedroom, also at Portside.

Ricardo Kaulessar can be reached at rkaulessar@hudsonreporter.com.


©The Hudson Reporter 2006
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  #63  
Old Posted Mar 9, 2006, 4:59 PM
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SQUARE ZEAL! Plan calls for towers to rise from the rubble



HIGH HOPES FOR SQUARE EYESORE

By KEN THORBOURNE
JOURNAL STAFF WRITER

Two glassy high-rise towers with apartments, retail stores, three levels of underground parking, and possibly a hotel.

It's all coming to Journal Square and Harwood Properties, a company with deep roots in Jersey City, is going to make it happen, city officials announced last week.

Last month, Harwood Properties signed a contract to purchase almost every property on the block next to the Journal Square Transportation Center, including the defunct Hotel-on-the-Square building, the hopeful developer and city officials said.

The third-generation family-run firm - which already owns the Ramp Garage behind the Loew's Jersey Theater, another parking lot on Sip Avenue and is part-owner of the recently opened State Theater apartment complex - is buying out Ralph Tawil Jr., a New York City investor who has racked up nearly $4 million in fines on his Journal Square holdings. All of Tawil's buildings are slated for demolition.

City officials hailed the purchase contract and the proposed plans as the biggest step forward to date toward the rebirth of the once storied square.

"This comes after two decades of eyesore and waste," Jersey City Mayor Jerramiah Healy said. "Obviously the Harwoods have a long history in the city and in Journal Square in particular."

Lowell Harwood - a Lincoln High graduate and managing partner of the company - declined to say how much his firm is paying for the properties, citing a confidentiality agreement with Tawil.


However, he said he's already spent a hefty sum on the first phase of an environmental study, drillings to find out how much rock is on site, and renderings of the finished product.

Chris Fiore, interim director of the Jersey City Redevelopment Agency, said the limited partnership entity formed by the Harwoods to develop the site, Journal Square Development LLC, is likely to be named "designated developer" for the site at the agency's meeting on March 21.

Once that is accomplished, city officials and Harwood would negotiate the details of the plan, including the height of the towers, and how many apartments they will contain, Fiore said. A market study would help determine the feasibility of a hotel, Harwood said.

It's official: Vote names Square developer

Thursday, March 09, 2006
By KEN THORBOURNE
JOURNAL STAFF WRITER

In a unanimous vote on Tuesday night, the seven-member Jersey City Redevelopment Agency, as expected, named a company controlled by the Harwood family of Jersey City to be the designated developer for a key block of Journal Square.

The Journal Square Development LLC, a creation of Harwood Properties, proposes to build two high-rise towers with apartments, retail stores, underground parking, and possibly a hotel on the block next to the PATH Transportation Center.

"I feel as though people do care," said Lowell Harwood, managing partner of Harwood Properties. "Now I'm looking forward to keeping the timetable going and accelerating the redevelopment and plan, which is our next step."

Harwood hopes to deal with zoning changes needed for the proposed development and have a site plan drawn up in the next 30 days, and wants to begin construction by January, he said.

Mayor Jerramiah Healy attended Tuesday night's meeting to emphasize the city's commitment to the redevelopment of the once storied square.

Last edited by macmini; Mar 10, 2006 at 2:14 AM.
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  #64  
Old Posted Mar 9, 2006, 6:09 PM
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Sweet! Trump's project needs another re-do. BORING!
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  #65  
Old Posted Mar 10, 2006, 2:18 AM
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Quote:
Originally Posted by westcoastperspective
Sweet! Trump's project needs another re-do. BORING!
Of course you think it's BORING because ever thing out of Sacramento is so cutting edge!!
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  #66  
Old Posted Mar 10, 2006, 3:01 AM
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Quote:
Originally Posted by macmini
Of course you think it's BORING because ever thing out of Sacramento is so cutting edge!!
Just a couple Libeskind's





And this which trumps Trump IMO



I didn't post to start a city vs city fight- I just think the Trump design is mediocre. the Harwood project is awesome.
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  #67  
Old Posted Mar 10, 2006, 10:34 PM
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Quote:
Originally Posted by westcoastperspective
I didn't post to start a city vs city fight- I just think the Trump design is mediocre. the Harwood project is awesome.

Sorry westcoastperspective I was not trying to start a fight I was just being a smarta**. They should have keep the originally design when it was Harborside and it was art deco. Yes even the new design is boring but it's better then the first which look like that god-awful Trump Place Riverside in Manhattan.
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  #68  
Old Posted Mar 11, 2006, 7:00 PM
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Jersey City woos Jets over lunch

Saturday, March 11, 2006
By JARRETT RENSHAW
JOURNAL STAFF WRITER

Local officials yesterday put on the last-minute rush to attract the New York Jets to Jersey City during a posh luncheon stocked with wine, fresh salmon, and plenty of political cheerleading.

"This is a great opportunity for Jersey City, and I can't think of another city in this state that can offer what we can offer," Jersey City Mayor Jerramiah Healy told a crowd of nearly 50 politicians, developers and others gathered at the Liberty House restaurant in Liberty State Park.

Bart Oates, a former New York Giants lineman who represents the Jets in their real estate transactions, showed the city's push is paying off because "Jersey City is in the top half of the five cities" still vying for the deal.

Jersey City has proposed the Jets build the training camp on a 28-acre site along Caven Point Avenue - on the waterfront in the shadow of the Statue of Liberty. A conceptual site plan calls for four practice fields, a 150,000-square-foot main building, an auditorium and parking for more than 300 cars.

If the Jets choose the site, they would displace fields now used for soccer, softball and baseball, but the Jets would help to replace them with fields elsewhere in the city, city officials have said. Cochrane Stadium would remain in the city's possession.

"If the city is not greener, then the deal is not going to be done," said Carl Czaplicki, Healy's chief of staff and the city's lead negotiator in the deal.

Oates said that a decision is coming within two weeks, and the Jets hope to put shovels in the ground by the summer, with an expected opening date of August 2007.

The luncheon featured a six-minute video presentation that highlighted Jersey City's transformation from a blue-collar industrial city into "New York's sixth borough." The video included snippets from a number of high-profile politicians and developers, including Gov. Jon Corzine, Donald Trump and former President Bill Clinton.

"Mayor Healy, I am proud to be in Jersey City," Clinton announced on the video, pulled from the former president's visit during last year's gubernatorial election campaign.

Jamie LeFrak, one of a number of developers present, said the proposed deal's biggest perks would be the marketing and promotion it would bring to the city.

"It would attract a lot of media attention, and it will help break some people's old views of Jersey City," said LeFrak.
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  #69  
Old Posted Mar 13, 2006, 9:28 PM
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i still say, jersey city and hoboken are more a part of new york than staten island is. wanna trade?
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  #70  
Old Posted Mar 24, 2006, 6:18 AM
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AvalonBay Communities Announces Land Sale

ALEXANDRIA, Va.--(BUSINESS WIRE)--March 23, 2006--AvalonBay Communities, Inc. (NYSE/PCX:AVB) announced today the sale of a 0.87-acre land parcel located in Jersey City, New Jersey for a gross sales price of $15.0 million. The Company purchased the parcel in 1997 in connection with the development of The Tower at Avalon Cove, a 269-apartment home community completed by the Company in 1999 and sold in December 2005. The buyer of the land parcel intends to pursue condominium development on the site, although it is not currently entitled for this use.

The sale of this land parcel is expected to result in a gain in accordance with Generally Accepted Accounting Principles of approximately $13.2 million. The gain on land sale will add $0.175 to the Company's first quarter 2006 Earnings per Share ("EPS") and Funds from Operations ("FFO") per share. The Company generally does not project land sales when providing its financial outlook; accordingly, the Company's first quarter 2006 financial outlook for EPS of $1.25 to $1.30 and FFO per share of $0.93 to $0.97, provided on January 26, 2006, did not include the gain on sale from this land parcel.
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  #71  
Old Posted Mar 24, 2006, 6:35 AM
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77 Hudson

New Renderings for 77 Hudson

Architect Dennis Allain
http://www.dennisallain.com/node/17


Last edited by macmini; Mar 24, 2006 at 6:16 PM.
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  #72  
Old Posted Mar 25, 2006, 4:56 AM
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Wow, I really like that design!
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  #73  
Old Posted Mar 27, 2006, 2:51 PM
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New York Post

PICK 6

By Dakota Smith

March 25, 2006 -- FROM AFFORDABLE TO ULTRA-LUXE, WE GIVE YOU THE NEW HOTNESS
The blitz of new development in the city continues, with developers adding even more outlandish perks to buildings - Austrian pine trees, anyone? - or heading to up-and-coming neighborhoods.

Our guide to the latest crop of buildings includes pads that are distinctive either for location, price or amenities.

Happy home hunting in 2006.

101 WARREN TriBeCa

Buyers at 101 Warren, a 228-unit luxury residence opening in TriBeCa, can choose from five different residential designs: loft-style, townhouse, sky home, rooftop home and duplex penthouse. All apartments will have 10- to 12-foot ceilings, and floor-to-ceiling glass windows.

The building will also house a fifth-floor elevated atrium - a forest of 101 imported Austrian pines trees. Additionally, the complex - which is being marketed as the Time Warner Center for the downtown set - will be attached to 170,000 square feet of retail space, with a Whole Foods already planned for the building.

Prices range from $1.2 million for a 923-square-foot one-bedroom to $13 million for a 4,145-square-foot penthouse. The sales office opened earlier this month. www.101warren.com

WALDO LOFTS Jersey City

The expansion of Jersey City's Powerhouse Arts Center continues with the opening of Waldo Lofts, a conversion of a 12-story brick warehouse building at 159 Second St. The building's 82 units range from 700-square-feet studios to 2,400-square-feet duplex penthouses with spiral staircases; 10-foot ceilings and floor-to-ceiling windows give units a loft-like feel. Our favorite perk: washer/ dryers in every unit.

Prices at Waldo Lofts range from $390,000 to $1.5 million, not counting a handful of units being sold at below market price for artists who meet income qualifications. The sales office opened last month.

www.waldolofts.com

999 Bushwick

Yup, Bushwick is the new Harlem. Or the new Red Hook. Whatever - it's cheap! The first of five new developments planned for this 'hood, 999 - a six-story, 18-unit building at 999 Willoughby St. - will offer units priced from $289,000 for a 690-square-foot one-bedroom to $500,000 for a 1,000-square-foot two-bedroom with a 500-square-foot terrace. The prices are about $100 less a square foot than similar new units in East Williamsburg, according to Corcoran Group vice president Tom Le. Amenities include indoor parking and a gym. Sales begin in November.

www.corcoran.com

SKY HOUSE Madison Square

Want to live in the clouds? Purchase the 2,817-square-foot penthouse on the top floor of the Sky House, a 55-story condo building opening at 11 E. 29th St., near Madison Square Park. One of the tallest new buildings to open for sales this year, the 139-unit Sky House will offer just three units per floor, giving buyers memorable views of both the East and Hudson Rivers.

Prices are expected to start at $1,250 a square foot, according to David Perry, director of sales at the Clarrett Group, developer of the Sky House. Concierge service, gym, and a playroom are among the building's amenities. The sales office opens in April.

www.skyhouse condo.com

101 WEST END AVE. Upper West Side

Targeting the upscale stroller set, 10 West End Ave., a 33-story, 173-unit condominium located between West 59th and West 60th streets, opens for sales in May. More than half of the units in the development, being billed as a family-friendly building with a children's activity center, are two-, three- and four-bedrooms.

All residences have floor-to-ceiling windows (some as high as 11 feet), ensuring buyers views of either the Hudson River or Midtown.

Designer Nick Dine's interior finishes include Siberian marble countertops and walnut cabinetry in the bathrooms, and granite countertops with white-oak and etched-glass cabinets in the stainless-steel kitchens. Lucky residents at 10 West End Ave. also get valet parking, as well as concierge service, a playroom and a gym, complete with a glass-enclosed 50-foot pool.

Prices are expected to start at $750,000 for a 750-square-foot one-bedroom and top out at $4.5 million for a 2,600-square-foot four-bedroom. www.10wea.com

THE CALEDONIA Meatpacking District

Indulgent services can certainly be found at the Caledonia, a 190-unit building opening at 450 W. 17th St. Set at the tip of the glam Meatpacking District (steps from Del Posto and Morimoto) and near the new High Line Park, the Caledonia will offer an Equinox gym and spa, indoor parking, a library, a meditation garden, a sun deck and outdoor terrace, a pet spa and a children's playroom.

Interior finishes by designer Clodagh (pictured) include bamboo wood flooring throughout the units, while bathrooms come with quartzite slab countertops and stone-tile flooring. The lobby will have a cascading water feature and a bamboo garden.

Prices, as well as unit sizes, are still being determined for the Caledonia, a development from the Related Companies (whose properties include the Time Warner Center and who recently purchased Equinox). The building opens for sales in April.

www.thecaledonia.com
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  #74  
Old Posted Apr 20, 2006, 6:59 PM
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Residential projects dominate landscape

Monday, April 17, 2006

By JARRETT RENSHAW
JOURNAL STAFF WRITER

Jersey City's office market boom has hit a wall, making way for a surging housing market that will change the face of the city's Downtown for decades to come, city officials and experts say.

While the 1980s and 1990s saw financial companies such as Goldman Sachs, Merrill Lynch and JP Morgan Chase transform Jersey City's shores into the Gold Coast, today's market is dominated by housing giants like Toll Brothers, K. Hovnanian and Donald Trump.

More than 15,000 residential units are expected to flood the Downtown area over the next several years, putting pressure on municipal services, according to the city's Division of Planning. Though more than seven million square feet of office space was developed from 2000 to 2005, planning officials say the current office market is very sluggish and will remain so for the foreseeable future.

"There are currently no office projects under construction, and none planned," says a planning report authored by Planning Director Robert Cotter earlier this year. Those two opposite trends have prompted at least one expert to declare that "the job growth era is over in Jersey City."

From 1992 to 2000, the state created 243,000 high-paying office jobs, driven by Jersey City's growth on the waterfront, says James Hughes, dean of Rutgers University's Edward J. Bloustein School of Planning and Public Policy.

But since 2000, there has been a net loss across the state, thanks to increases in the state income tax and other business taxes, said Hughes.

"New Jersey has become an unfriendly place to do business," Hughes said.

The most recent sign of this trend is 77 Hudson St., where Hartz Mountain Industries just scrapped plans to build a 32-story office tower because the

company believed that Jersey City cannot absorb the new space.

The company sold the land for $65 million to K. Hovnanian, which now plans to build two 48-story towers, with more than 1,300 condo and rental units combined.

City officials and experts say Manhattan is driving the housing trend, as it previously did with the growth of the office space market in Jersey City.

The high costs of buying a home and living in Manhattan, combined with the market demand for luxury condos in the region, has created such high demand for housing in less costly Jersey City.

"If everything that is being constructed were built tomorrow, we still would still not satisfy the housing demand," said Downtown city Councilman Steven Fulop, who also works in the financial industry.

Mega mogul Donald Trump summed up the city's housing surge when he visited the waterfront last year to announce his $415 million project that will feature the Garden State's two largest residential towers, at 55 and 50 stories - Trump Plaza Jersey City

"I am the largest developer in Manhattan, and I am coming to Jersey City. So a lot of people come the other way, and I am coming this way, and I am pretty good at predicting trends, so let's hope that's a trend," Trump said.

And when the Athena Group and Golden Tree InSite Partners announced a $110 million condo project on the Hudson waterfront in October of last year, the president and CEO of the Athena Group said "Jersey City is in the midst of a phenomenal housing boom."

With the boom in residents come issues that need to be addressed, says Fulop.

"We need to continue to hire more police officers, but we need to make sure we're hiring more than we are retiring," said Fulop.
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  #75  
Old Posted Apr 20, 2006, 8:15 PM
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Project Updates

Last edited by macmini; Apr 26, 2006 at 5:16 PM.
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  #76  
Old Posted Apr 26, 2006, 5:09 PM
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32-story 'Aqua' approved

Planning Board also OKs affordable housing, other major projects
The Planning Board gave early approval Tuesday for several site plans for large-scale projects, but the developers will have to return to the board later for the final go-ahead. The projects include the 32-story "Aqua" residential tower, part of the Newport section of town.

There will also be a 16-story building on Luis Marin Boulevard, a 12-story building encompassing Oakland and Hoboken avenues and Washburn Street, and a five-story affordable housing complex on Martin Luther King Drive

The Aqua

The 32-story Aqua will have 363 residential units, 15,348 square feet of retail, and 291 parking spaces. There will be 20 studio apartments, 169 one-bedrooms, 161 two-bedrooms, and 13 three-bedrooms. The entire space will be 490,063 square feet.

The project will be built by Newport Associates Development Company as part of Newport's commitment to building on the Northeast Quadrant near the Jersey City-Hoboken border.

Liberty Harbor North


A 16-story building will be built within the massive Liberty Harbor North Redevelopment Area on Luis Marin Boulevard, near Grand Street and Jersey Avenue.

The project includes transforming 80 acres of vacant land into an estimated 6,500 units of market-rate housing, one million square feet of hotel space, 750,000 square feet of retail space, and 4.5 million square feet of office space.

Former North Bergen Mayor and Jersey City-based businessman Peter Mocco is the developer of the entire area. Construction has already begun and will be completed by next year.

The building will encompass a total of over 891,000 square feet. There will be 498 residential units with 321 one-bedroom, 163 two-bedroom, and 14 three-bedroom apartments.

There will also be over 26,000 square feet of retail and a garage with 454 parking spaces.

The partners in the venture are Hoboken-based developers Michael and David Barry along with developer Murray Kushner.

Oakland and Washburn avenues project


A 12-story residential building, to be built next year, will include 150 units and 161 parking spaces. It will be a short walking distance from the Hudson County Administration Building and Courthouse.

This is one of two projects being developed by local developer Tony Deluco; the other is a 92-unit building located across the street from the 12-story project.

Ten studio, 60 one-bedroom, and 80 two-bedroom apartments and a two-level parking garage were proposed.

Among those endorsing the project at the Planning Board meeting was Ward C City Councilman Steve Lipski, who said that this project would spur the "renaissance" of the Journal Square and surrounding areas.

After presenting the project, Deluco said he would not pursue any abatements. A tax abatement is an agreement to exempt a developer from regular, fluctuating property taxes. There is usually a separate revenue deal for the developer to pay money to the city over 20 or 30 years.

The city benefits from abatements because the resulting Payment in Lieu of Tax (PILOT) money goes straight to the city rather than being split among the city, the county, and the schools.

Webb Apartments - Affordable housing

A five-story housing complex to be built on Martin Luther King Drive, called the Webb Apartments, will include 40 units of affordable housing.

The project will have no parking because it will be located near the Martin Luther King Drive Light Rail Station.

The project is the brainchild of local resident Lavern Webb Washington, who teamed up with the New York-based architectural firm Genesis Partners. Washington said the project is "sorely needed" in a time of too many luxury apartments.
Ricardo Kaulessar can be reached at rkaulessar@hudsonreporter.com


©The Hudson Reporter 2006
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  #77  
Old Posted Apr 26, 2006, 5:20 PM
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Project Updates


Columbus Tower














700 Grove





Grove Pointe













Gulls Cove







Liberty Harbor North









Liberty Terrace







Montgomery Greene







Shore Club







Trump Plaza

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  #78  
Old Posted May 2, 2006, 2:46 AM
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77 Hudson Street
Jersey City, New Jersey



DESCRIPTION
Providing Preconstruction services for the planned construction of two 50-story residential buildings with retail space, totaling 25,000 s.f. on the waterfront in Jersey City, New Jersey. One of the buildings will house condominium units and the second will house rental units. Both buildings will contain retail and parking accommodations. Both condominium and rental units will contain high-end finishes with floor to ceiling glass, wood flooring or wall to wall carpeting, cultured marble vanity tops, contemporary appliances and wood cabinetry. The complex will contain a 2,500 s.f. state of the art fitness center, theater room and business center. The condominium building will allow for a 420-car parking garage with a car wash, the rental building will include a 360-car garage and an additional 13 spaces for retail. The shared amenity space at the terrace level will contain a grilling area, outdoor bar and pool, jogging path, putting green and volley ball and bocce ball courts.


VOLUME
$280,000,000 Construction


COMPLETION DATE
July, 2009 Anticipated Construction Date


OWNER
Equity Residential
c/o Prospect Towers
300 Prospect Avenue
Hackensack, New Jersey 07601

K. Hovnanian
110 Filedcrest Avenue
CN 7825
Edison, New Jersey 08818


ARCHITECT
Cetra/Ruddy Incorporated
584 Broadway
Suite 401
New York, New York 10012
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  #79  
Old Posted May 2, 2006, 2:50 AM
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Downtown Construction Boom

Tris Mccall (Originally published in Discover Your Neighborhood)
April 19, 2006

The rough song of the bulldozers, pile-drivers, and cranes – that’s the soundtrack for life in Downtown Jersey City. Wherever you go, out by the glass towers of the waterfront, behind the new entrance to the Grove Street PATH Station, in the warehouse district, across the street from Victory Hall, you’ll encounter construction. On the closed stretches of Washington Avenue by the Powerhouse, the trucks of the work crews line halfway to Christopher Columbus; across Marin, teams of hard-hatted construction workers lay the foundation for the western most of two new towers that will soon flank the Boulevard.

There will be retail space available on the ground floor of these buildings. But like almost all of the recent construction in Jersey City, these are primarily residential projects. Over the next few years, the largest municipality in Hudson County is poised to grow considerably larger. Thousands of new condominium and rental units are scheduled to become available for sale or lease. The Downtown Ward – already the largest in the city – will likely welcome an entire small suburb’s worth of growth. Many of these new homes and apartments are in luxury hi-rises and developments priced at more than $600 per square foot. We all know that Jersey City is in the midst of an unprecedented real estate boom. But is interest in our town really this fevered?

“Don’t look at it from a Jersey City perspective,” suggests Jamie LeFrak, co-developer of Newport. “We’re part of the greater New York City market. And if you look at the housing stock in that market – the overall housing stock – you’d compare it to the amount of new development you’re seeing here, and you’d pretty much shrug. A couple thousand new units? Add that to the other twenty million on the other side of the river.”

The LeFrak organization is unafraid to keep adding. The Shore Club (580 Washington Blvd.), a luxury condominium crown atop the mostly-rental 600-acre Newport development, is a multi-staged project that has already drawn intense interest from potential buyers. Since opening its sales office in September, 211 of the 214 available units have already sold – many of them for more than half a million dollars. What’s perhaps surprising is that LeFrak was able to move these high-priced condominiums without bothering to advertise them. The interest in Left Coast property is so heated that word-of-mouth and internet discussion groups are generally enough to fill waterfront towers with new tenants and owners.

“What people don’t necessarily realize,” continues LeFrak, “is that New York City has a housing shortage, and that’s probably been true since the 1940s. Any housing that gets added to the area helps with catching up with the demand created by the shortage. It’s more than likely that Jersey City has been springing up to relieve that demand for NYC housing. After all, people keep showing up in New York City, and they all need roofs over their heads.”

It was once believed that the Jersey City housing market was entirely skyline-driven, and thus it was mandatory to locate all new towers at the lip of the Hudson River, or with unobstructed views of the Statue of Liberty. But Manhattan builders have begun to grasp the advantages and conveniences of life in Jersey City, or perhaps they’ve just discovered faith in Hudson County as an emerging market in its own right. With almost all of the Downtown waterfront currently occupied, developers have stepped back a few blocks from the eastern edge of New Jersey and purchased lots on Washington Avenue, Greene Street, and Marin Boulevard. These towers will be tall enough to offer panoramic views of New York City – at least from the higher floors – as their press releases make clear. But they’ve been just as keen on marketing their proximity to quick public transit and the renascent Downtown commercial district.

The Athena Group, a real estate developer headquartered in Manhattan, is co-developing the lot at Washington and First bordered on its south and west sides by the Hudson-Bergen light rail tracks. While there’s nothing but rubble on the site now, soon the gleaming-glass and terraced complex called “A” (sales office at 97 Hudson in Hoboken) will rise from the abandoned lot. Closer to completion is Montgomery-Greene (sales office at 66 York Street), a partnership between Wall Township’s KOR Companies and Manhattan-based Time Equities. The concrete-and-steel frame that now looms over the Exchange Place PATH Station will shortly become a nineteen-story tower featuring 113 elaborately-appointed condominiums. Perhaps most famously, business-mogul-turned-TV-star Donald Trump has committed to bringing Trump Plaza Jersey City (Washington and First) to the vacant lot south of the Powerhouse. This mammoth two-tower 862-unit project is also a partnership between a New York financier and Jersey developer Metro Homes LLC.

Like most other waterfront towers, these will bear the hallmark of New York architectural style: slimness, verticality, plate glass frontage, hi-rise elegance, a certain corporate feel. But the waterfront is zoned for skyscraping projects. Once all the parcels of land east of Marin Boulevard are occupied, developers will have to turn further inland, where most neighborhoods have protected their block grid through historical preservation ordinances. The future of Downtown development may not be the Shore Club, but instead LeFrak’s small-scale projects west of Marin Boulevard and the Newport shopping mall.

In picturesque Hamilton Park, noted for its array of well-preserved nineteenth-century brownstones, the LeFrak Organization has erected two smaller rental properties meant to echo the architectural scale of the neighborhood. The Roosevelt (10th and Manila), the second and smaller of the buildings, filled almost immediately once units were made available. “As we did during the construction of the Abraham Lincoln – the rental property right next to The Roosevelt – we tried to evoke colonial 1910 apartment-building style”, offers LeFrak. “I’m glad we got a second shot at it, because I think we got it right to a greater extent this time.”

Although it may not appear so to a casual visitor or to a New Yorker scanning our skyline from the West Side Highway, hi-rise waterfront development in Jersey City has always been accompanied by a parallel interest in the refurbishment and preservation of our pre-existing housing stock. Many of the city’s most notable homegrown developers – Liberty Harbor’s Jeff Zak and Peter Mocco, for instance – began their real estate ventures with restoration projects. Brothers Paul and Eric Silverman of Exeter Properties – best known for their breathtaking restoration and adaptive re-use of the Majestic Theatre (228 Montgomery Street) – are extending their track record of historically sensitive development with two ambitious developments elsewhere in Hamilton Park. Exeter has taken pains to give the residences at The Schroeder Lofts (234 Tenth Street) an eco-friendly design. Closer to the park, the nascent development at the old St. Francis Medical Center (25 McWilliams) promises to bring a pedestrian-friendly strip of boutique retail to the historic neighborhood.

“We’ll be restoring the park facing on the west side of the building,” explains Eric Silverman, “There’ll be a market and a dry cleaner, and we envision a health club and a nursery school. We’re going to remove the bricks in the windows, and create a new façade. As always, the plan will be to create a structure that’s a destination, a visual focal point – one that blends in with neighboring buildings and encourages and enriches the pedestrian experience for everybody in the area.”

“We haven’t always done small-scale stuff, but we have always done good stuff”, continues brother Paul. “We generally have picked projects that nobody else wanted, but where we’ve seen possibilities for restoration and the productive expansion of a neighborhood.” Exeter’s immediate future plans include a further extension of their transformation of Grove and Montgomery Streets. Sketches of their mixed-use development at the southeast corner of the intersection – which will take the place of the disused Sim’s Carpet Building – suggest that the building will echo architectural features of both the Majestic Theatre and City Hall. Exeter’s work on Grove Street demonstrates how property developers can alter the feel of a streetscape, knit together city blocks, and augment the visual coherence and ambient pleasure of an urban Downtown. The Silverman brothers’ long experience restoring property in Jersey City and their investment in the community has deepened their understanding of the city’s needs. “We spend a lot of time getting to know these neighborhoods. We attend the organization meetings – Van Vorst Park Association, Hamilton Park Neighborhood Association – and we listen to what gets said. We do business here, too.”

As residential development expands westward, away from the waterfront, dialogue between neighborhood groups and builders will become increasingly vital. Schenkman-Kushner, creator of the Grove Pointe (100 Newark Avenue) mixed-use complex, altered the design of their structure after a protracted negotiation with Jersey City smart-growth activists. “We needed some additional density to make the numbers add up”, states Jeff Persky, a principal at Schenkman-Kushner and one of the project’s co-developers. “We got together with neighborhood leaders, and agreed to put a park by the PATH station. In return, they agreed to the density changes.”


The Harsimus Cove Association and the Downtown Coalition of Neighborhood Associations recommended that Grove Point be stepped back from the street to create a more human scale for pedestrians. They also requested that the builders use materials compatible with the brick-and-mortar Harsimus aesthetic. Rather than resenting these suggestions, Persky and Schenkman-Kushner incorporated them into the redesign of Grove Pointe. “I actually appreciated their input,” says the developer, “and I believe the final project was better than what we originally proposed. We were able to take their ideas and implement them in a way that was mutually satisfactory. I was very appreciative of the time they spent, their knowledge of the neighborhood, and their passion for Jersey City. It ended up being a great team effort.”

If Grove Pointe and the redevelopment of the PATH station was a cordial negotiation, the foundation of the Powerhouse Arts District was a full-bore diplomatic struggle. The debate over whether or not the municipal government should dedicate the Warehouse District to arts-related enterprise lasted for more than a decade, and drew in activists, politicians, journalists, developers, historians, builders, and rubberneckers attracted to an acrimonious argument. When Acting Mayor L. Harvey Smith signed the PAD ordinance last autumn, the battle reached a tenuous equilibrium. Under that ordinance, all new development in the district must conform to the regulations specified in the city law; residential loft space must accommodate the needs of working artists, and a small percentage of all units must be set aside for moderate-income arts professionals.

So far, those who’d predicted that these restrictions would stay the hand of developers have been proven resoundingly incorrect. The PAD is redeveloping at a healthy pace – and arts-related businesses are moving in. Waldo Lofts (159 Second Street), slated to open in the winter of 2006, will feature huge hallways, hoist beams on the ceilings, and copious natural light in its 82 condominium units. Two blocks south, the Caulfield Brothers will be bringing a 13,000 square foot black box theater to its development at 126 Morgan Street. Rental lofts at 150 Bay Street and condominiums at 311 Washington Street are currently under construction and, like other developments in the district, both have reserved lofts that will be distributed by lottery to artists that have registered with the municipal government. Greentree Construction, co-developer of the Schroeder Lofts, is working on two buildings in the PAD – and 140 Bay Street has become the first of the former warehouses to open appropriate ground-floor art space.

“We’ve just had the first opening at our brand new art gallery,” boasts Greentree developer Vince Wilt. “Right now, it’s open by appointment. But we have brought in a local artist to take charge of it. There’s always reason to worry when you’re developing property, especially in something like an arts district. But I like where we are at the moment.”

Ten blocks south, in Paulus Hook, a quieter negotiation between activists, preservationists, and the high priests of the profit motive has been taking place. There, among the historic townhouses and riverfront walkways, residential construction has been unceasing ever since the commercial property boom of the late Nineties threw up majestic office towers east of Hudson Street. A few of the condominium developments along the northern edge of the Morris and Essex basin, such as the deluxe Liberty Terrace (25 Hudson Street), do attempt to capture some of the grandeur of the waterfront office towers. But most projects in Paulus Hook attempt to blend into the neighborhood, mimicking the rhythms and characteristics of the three-story nineteenth-century Italianate and Greek Revival architecture with wrought-iron, brickface, and antique fenestrations. Essex Commons (66 Essex Street) and the Grandview (93 Greene Street) aren’t brownstones, but they do their best to disguise that; the multi-unit buildings seem like natural extensions of these elegant blocks.

Developer Jeff Zak is a Paulus Hook native, and he’s brought some of the qualities of his historic neighborhood to an elaborate plan for an 80-acre parcel of land on the south side of Grand Street. Liberty Harbor North (333 Grand Street) is easily the most audacious project under development in Jersey City, and possibly one of the most remarkable in the entire country. Rather than developing a single building or an enclave, Zak and partner Peter Mocco are aiming to create an entire neighborhood – a seven-street, tightly constructed mixed-income and mixed-use community modeled on the historic districts that provide Downtown with so much of its unique character.

Liberty Harbor North will be developed in accordance with the principles of New Urbanism, a planning doctrine emphasizing walkability, architectural variety, interconnectivity, and human scale. “What it really is, is anti-suburbanism,” explains Zak. “New urbanists copy traditional urban patterns – ones that are proven facilitators of community.” The dimensions of the seven new city blocks planned for Liberty Harbor North are equivalent to those in Paulus Hook and Van Vorst Park. As befits a development founded on a belief in the efficacy of mass transit, the light rail will run down the middle of a central boulevard.


Never ones to cut corners, Zak and Mocco have brought in urban planner Andres Duany to oversee the development. Duany, one of the founders of the New Urbanism movement, is perhaps the most theoretically rigorous and conceptually sophisticated urban designer in the world. “(JC Planning chief) Bob Cotter recommended him to us in a fit of genius. We’d had the site for several years. The initial proposal featured large towers surrounded by car parks. It was cold and bleak. Everybody was stalled during the recession, and during that time, we saw how outdated the older plan had become.”

The new plan, according to Zak, involves targeting as many demographics as possible. Development will intensify and become denser toward the Morris and Essex basin; to the north, Liberty Harbor promises something for everybody. “We have plans for spaces for students, lofts for artists, for empty-nesters. We’re doing retail. When the market is there for office space, we’ll have room for that, too.” And when will this ambitious plan be realized? “At best, it’s a ten-year project”, confesses Zak, “and at the worst, it takes us twenty years.” But the developer goes on to explain how such flexibility is actually an asset. “We can react to the market absorption. If we’d built a gigantic tower, and it didn’t fill up, we’d be sitting on stories of unused space. But this way, we can build a hundred units at a time, and take a series of small bites. Eventually, we’re going to get there – to that total New Urbanist dream”.

While the Liberty Harbor North project might be the most elaborate local expression of that vision, elements of smart growth theory are apparent throughout Jersey City. Infill and adaptive reuse – the retrofitting of disused buildings to accommodate new projects – have become widely adopted techniques for jump-starting the rehabilitation of neighborhoods. On the crest of the palisade, The Beacon (50 Baldwin Avenue) is a 315-unit retooling of the former Jersey City Medical Center on Montgomery Street. The art deco design of the massive structure and the quirky dimensions of many of the apartments might bother some who demand uniformity and contemporary style, but the structure is bound to radiate personality to anybody with a little imagination.

In Lafayette, the rapidly redeveloping neighborhood just southwest of the Downtown (and one short stop away from Jersey Avenue on the light rail), adaptive reuse projects are transforming Communipaw Avenue and Monitor Street. At The Foundry at Liberty State Park (300 Communipaw), developers are rapidly converting a typesetting factory constructed in 1904 into a modern condominium complex. Around the corner, The Independent (125 Monitor Street) renovation will contribute another 163 units to the region’s sudden growth, and the spectacular, disused Whitlock Mills cordage factory will soon be reborn as a residence and retail center. Still further south, a world-class golf course and a massive condominium tower will eventually fill the open space between the southern terminus of Liberty State Park and the still-growing Port Liberté enclave.


And what of that perennial bugaboo: the property-price bubble? Many of the developers we spoke to confessed to some mild trepidation, and almost all expected the Hudson County property boom to slow. But even those who had their doubts about the stability of the national real estate market were still bullish about Jersey City. “The average income along the waterfront is now just as high as it is in Short Hills,” testifies Dan Frohwirth, chief of the city Economic Development Corporation. “And Governor Corzine is now saying that he wants development fast-tracking in the cities. With gasoline prices as high as they now are, we’ll probably see more and more people from the suburbs thinking about returning to urban centers. Remember that New Jersey is virtually built out, and the cache of Jersey City continues to increase. We haven’t seen the end of this yet.”
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Old Posted May 15, 2006, 10:23 PM
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Desperately Seeking Artists


Dith Pran/The New York Times

The Waldo Lofts building in Jersey City includes warehouselike amenities. James F. Caulfield Jr., left, one of the developers, says the building appeals to artists and people who like to live near them.

By ANTOINETTE MARTIN
Published: May 7, 2006

JERSEY CITY
WHAT comes first — the artists, or the funky warehouse-type buildings with big open spaces and lots of light? It is the buildings, of course. Everybody knows that artists find good buildings; buildings do not come looking for them.

In Orange, though, where the city and a nonprofit developer want to create an arts district, they are starting with industrial buildings and hoping draw artists. About 30 big old empty factories and warehouses straddling the city border are ripe for conversion into lofts and studios.

And here in Jersey City, the footprint of the old warehouse district is the site of the Powerhouse Arts District, an eight-block area being redeveloped as a live-work community for artists that has about 140 structures available for conversion.

A few smaller buildings in the Powerhouse district have already been rehabbed and are starting to open for occupancy or creative pursuits. A handful of others are being worked on, and developers are fighting over the rights to renovate dozens more. The builders are promising city planners and arts agencies that they will try their best to instill new life into old structures without denuding them of their vintage industrial charm.

And in one case, a developer is instilling classic industrial features into a brand-new building in order to cater to artists. "Maybe sometimes a building does come looking for them," said James F. Caulfield Jr., one of two brothers who run Fields Development Group, which is constructing the complex.

The project, called Waldo Lofts, is a 12-story, 82-unit condominium building at 159 Second Street scheduled to open in September. Mr. Caulfield said he takes it as a compliment that people walking by comment on the lovely restoration.

The Waldo is specifically designed with the industrial amenities that artists prize — tall ceilings, tall windows, hoist beams for lifting large artwork or heavy materials, shop sinks for washing paintbrushes — and it includes cutting-edge kitchen appliances and free wireless hookup.

The combination has already proved attractive, Mr. Caulfield noted, not just to artists, but also to people who like to live alongside them.

"There is a niche of people who can afford the market rate, and who want this type of lifestyle," he said.

In addition to the amenities tailored to artists, a patio will be set up on a loading dock that will extend out to the sidewalk, Mr. Caulfield said. He said that he and his brother, Robert, envision it as a place for residents to "sit, read a book, play the guitar and soak up street activity."

Regulations require that a certain number of the units in every arts district building be made available at below-market prices — in this case $250,000 to $350,000 — to artists certified by the city's Arts Commission. All seven such units at Waldo Lofts have been sold; about half of the other 75 units have been sold for $300,000 to $700,000, all to people who are not certified by the Arts Commission.

Gary W. Heinz, 33, is among the buyers who are not artists. He recently quit his job on Wall Street to start GWH Ventures, which he describes as a "preservation-oriented real estate development company." He plans to set up a home office in his Waldo Lofts apartment.

"Waldo Lofts is new construction," he said, "but it still retains character. That's very appealing to me." Mr. Heinz said the idea of buying in the Jersey City arts district as it begins to flower was also appealing.

"It's like buying into TriBeCa when it was starting to happen as a place for artists, and getting in on the excitement of that," said Mr. Heinz, who currently rents an apartment in Jersey City.

Jersey City already has the greatest concentration of artists living within its boundaries of any municipality in New Jersey, according to a study by the Urban Land Institute. The Powerhouse neighborhood, named for a gorgeous but decrepit turn-of-the-century power plant building that is a candidate for restoration, has a particular history with artists and their admirers.

Even before the idea of a formal arts district surfaced about a decade ago, many artists found havens in the gritty warehouse district at the edge of Jersey City's downtown. A group called ProArts has held an annual tour there for years, putting works on display in vacant buildings.


In Orange, the development has centered on the old industrial area too. The Valley Arts District is planned for the neighborhood straddling the city's border with West Orange. Though that area has no history with artists, developers and city officials are certain that they will flock to a neighborhood of converted factory buildings — and that people who are "birds of a feather" with the artists will, too.

Patrick Morrissy of Hands, a nonprofit development company that has been working to revitalize neighborhoods in Orange and East Orange for a dozen years, said plans call for creating 80 to 100 live-work spaces for artists that will remain moderately priced. Hands plans to create a total of about 700 loft condominiums in a number of old hat factory structures for the Valley Arts District.

The ratio of affordable arts space to market-rate lofts may seem a little low, Mr. Morrissy said. "But the truth is you don't have to have too many artists to make other people want to be there," he said.

Mr. Morrissy said he believed that creating an arts district could accomplish many goals for the economically depressed city: "revive businesses, beautify a neighborhood, expand recreational opportunities, create careers and attract people back into Orange."

He added that it could improve academic achievement, too. "We know that for kids who are really into the arts, their academic achievement is generally higher. If little Johnny plays violin, he does better at math. So, we are really looking to reach those goals, not just to bring in people to sip chardonnay and look at some paintings."

Mr. Morrissy said that a recent grant from the Wachovia Regional Foundation was being used to finance community arts programs — artists working with schoolchildren, for example — but that work had not yet begun on the buildings.

^^Meanwhile, in Jersey City, the Fields Group is already planning a second major project on Morgan Street, to be called the Hudson. An existing packing warehouse will be renovated to create a 400-seat theater, and a new 260-unit condominium building will be adjacent to it, with shop space at street level and a pool and sundeck on the roof.
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