New Luxury Rental Launches At The Beacon In Jersey City

The Paramount Grand Opens with 232 Modern Residences

Paramount LobbyJERSEY CITY – For the third time in less than a year, a new luxury rental building has opened at The Beacon in Jersey City, according to co-developers BLT and Metrovest.

Following the successful lease-ups of the 126-unit Mercury and 158-unit Orpheum buildings earlier this year, leasing is underway for The Paramount, a distinctive 23-story building featuring 232 modern residences, an exciting suite of amenities and some of the most dramatic spaces and architectural elements found within The Beacon’s collection of historically-restored buildings.

“The Beacon’s uniquely-designed residences, spectacular views of the Hudson River and Manhattan skyline, considerable outdoor space and attractive price points continue to drive leasing activity at the community,” notes Beth Polychrones, General Manager at The Beacon.

“With the first two buildings stabilized, we’re now excited to open The Paramount which takes The Beacon’s architectural significance and splendor to a new level with soaring spaces, an elaborate use of Art Deco details and a remarkable two-story lobby that creates an entrance like no other.”

Previously sought out as the location for numerous movies due its unique Art Deco spaces, including Titanic, Quiz Show and Annie, The Paramount’s majestic lobby has been restored to its original 1930’s grandeur.  Accessed through an octagonal vestibule, the lobby features a dramatic double-height space dominated by 12 marble columns and a grand stairwell of white and gray marble with silver and bronze handrails that leads to a mezzanine level also trimmed in marble.

Paramount ConservatoryResidents of The Paramount will also enjoy a private amenity offering, including a fitness center with state-of-the-art Cybex equipment, separate yoga room, lounge area, and restrooms with lockers and showers.  A Clubroom on the first level features multiple lounge areas, a projection screen TV and Wifi, while additional lounge areas with WiFi and seating are found on the mezzanine level.  On the 19th floor, a sunroom/conservatory with outdoor furnished terrace offers stunning views of the Manhattan skyline and Statue of Liberty.

Blending perfectly with The Paramount’s historic restored spaces is a collection of new studio, one- and two-bedroom residences with monthly rents starting at $1,700.  Immediate occupancy is available.

The ultra modern residences feature 14-foot lofted ceilings, dark burnished oak plank flooring, and Gourmet Chef’s Kitchens with espresso 42” cabinets, granite countertops, GE® ENERGY STAR® stainless steel appliances and garbage disposals.  Elegant baths are adorned with cultured marble vanity tops and modern, brushed nickel lighting fixtures.  Each residence also offers central heating and air conditioning, individual washers and dryers, and smart card key access, while panoramic views of the Manhattan skyline, Liberty State Park and Upper Bay are available from many residences.

In addition to The Paramount’s private amenities, residents of The Beacon also enjoy valet and self garage parking and courtesy shuttle service to the Grove St. and Exchange Place PATH/Ferry Stations. There’s also considerable open green space for passive recreation, including a 45,000 square-foot, landscaped community park offering panoramic Manhattan skyline views, a private 2-acre park with children’s playground and organic garden spaces, and two dog runs.

The Beacon offers residents proximity to Jersey City’s vibrant downtown district which is celebrated for its comprehensive public transportation system, including numerous NY Waterway Ferry terminals and PATH stations offering convenient service into Manhattan, as well as NJ Transit Light Rail and accessibility to the Holland and Lincoln Tunnels and the New Jersey Turnpike.  The area is also known for its active artist’s community, growing music scene, and ever-improving shopping, dining and nightlife venues.

For more information on The Beacon, call (877) 640-4945, or visit The Beacon’s website at  The community’s Leasing Center is located at 20 Beacon Way, Jersey City, NJ 07304.

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