Jersey City Mayor Steven Fulop Joins Developers to Grand Open The Enclave Luxury Rental Building

The Enclave Ribbon Cutting

Jersey City, NJ Mayor Steven Fulop joins developers in a ribbon cutting ceremony marking the grand opening of The Enclave, a new 260-unit luxury rental building along the Hoboken border. From left: Rodd Werstil, Partner, McKinney Properties; Jonathan Schwartz, Partner, BNE Real Estate Group; Jersey City Mayor Steven Fulop; David Pantirer, Partner, BNE Real Estate Group; Marc Pantirer, Partner, BNE Real Estate Group; George Vallone, Co-Founder and President, Hoboken Brownstone Company; and Daniel Ganz, Co-Founder and CEO, Hoboken Brownstone Company.

Jersey City Mayor Steven Fulop recently joined officials from BNE Real Estate Group, Hoboken Brownstone Company and McKinney Properties to officially grand open The Enclave, a new collection of 260 luxury apartments and resort-style amenities in one of the city’s hottest new neighborhoods.

With the cut of a ceremonial ribbon, Mayor Fulop, fellow municipal officials, local dignitaries and development principals celebrated the addition of The Enclave’s upscale residences and more than 40,000 square feet of indoor and outdoor amenities to the burgeoning Jersey City neighborhood along the Hoboken border. Located at 675 Monmouth Street, the Minno & Wasko-designed building, with its modern interior aesthetic and endless social spaces that encourage resident interaction, complements the neighborhood’s existing mix of retail, dining and cultural attractions while offering a convenient launching point to Manhattan and all that downtown Jersey City and Hoboken have to offer.

“The opening of the Enclave is exciting for Jersey City as the new addition enhances the rapidly growing neighborhood where the City borders Hoboken,” said Mayor Steven Fulop. “The transformation of this land, from part of the Van Leer Chocolate Factory to new modern apartments, is a testament of our commitment to enhancing quality of life in every corner of this great City. This project was not only a major overhaul of this site, but it also creates jobs and entices people to consider calling Jersey City home.”

The Grand Opening event, which took place on the six-story building’s magnificent rooftop amenities terrace with the New York City skyline serving as a dramatic backdrop, occurred one month after the developers launched leasing at The Enclave. Renters have responded enthusiastically to the new lifestyle offering, with a number of residents having already moved in. The Marketing Directors is the building’s marketing and exclusive leasing agent.

“This former industrial neighborhood has quickly transformed into Jersey City’s newest live/play environment,” said Jonathan Schwartz, a partner at BNE Real Estate Group. “The Enclave takes full advantage of its convenient location, which is enhanced by our complimentary shuttle service to the Hoboken PATH Station, yet offers residents a more private setting with welcomed outdoor open space. Inside, we’ve delivered stylish homes and a creative offering of amenities that focuses on fun.”

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Apartments at The Enclave range from studios to two-bedroom residences, with select homes offering private balconies. Design-driven living spaces include nine-foot ceiling heights, crisp, white quartz countertops, modern stainless-steel appliances, in-home washer/dryers, and custom modular closets. Monthly rents start from $2,300, with a limited-time offer of one month free on a 13-month lease. Immediate occupancy is available.

The Enclave residents enjoy a full suite of cutting-edge indoor and outdoor amenities that were curated to create an exceptional urban lifestyle experience. An abundance of outdoor space is highlighted by a resort-style rooftop terrace featuring a swimming pool, private BBQ areas, outdoor bar and a fire pit – all set against the dazzling Manhattan skyline backdrop. The pet-friendly building also features a dog run and spa, multiple entertainment lounges, an arcade/game room, co-working spaces and conference room, children’s imagination room with connected outdoor play area, and a Zen garden. Fitness enthusiasts will enjoy a state-of-the art fitness center with virtual fitness programs, spin room, indoor/outdoor yoga areas, private massage room and resident locker rooms. Covered parking, bike storage and resident storage are available on-site.

Residents also enjoy 24-hour concierge, Amazon package lockers, pet concierge services through Bark Building, a Lyft partnership and pick up location, and a Citi Bike hub. The building is surrounding by outdoor landscaped open space and pedestrian plazas, while two new public parks created by the development partners are nearing completion and will feature a children’s playground and dog run.

“Downtown Jersey City continues to attract residents from both sides of the Hudson River and beyond with its exceptional combination of commuter convenience, vibrant arts, culture, dining and nightlife attractions, and value when compared with offerings in Manhattan, Brooklyn and Long Island City,” said Jacqueline Urgo, President of The Marketing Directors. “This neighborhood is continuing that trend, and The Enclave is quickly emerging as the area’s signature residential address.”

The Enclave’s proximity to the Hoboken PATH Station and Holland Tunnel makes for an easy commute to Manhattan, while direct access to a network of highways brings New Jersey destinations into play without having to navigate through crowded local streets.

For additional information and to schedule a private tour of The Enclave, please visit http://www.TheEnclaveJC.com, or call 833-292-5351. The building’s leasing and model center is open daily and is located at 675 Monmouth Street, Jersey City, NJ 07310

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The $3,000 apartment: Asking (and getting) big rents is another sign the Gold Coast is booming

2015-04-14_12-54-28You don’t need to be a real estate expert to know that multifamily on the Gold Coast is white hot.

And you might not bat an eye at the thought of a unit renting for $3,000 a month.

But when that’s the average asking rent for all of Hudson County — the county that makes up a major chunk of this booming market — it might be time to go back and take another look.

With the county projected to reach that benchmark next year, experts say it’s just another resounding sign of just how hot the Gold Coast is. And that’s an average that includes less-expensive parts of the county, meaning rents along the waterfront are even higher — bringing the number up to the $3,000 mark.

It’s why insiders see no signs of a slowdown in the near future when it comes to competition among developers and investors seeking to cash in on the market or plant their flag there.

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Average asking rents for Hudson County have grown every year since 2009 — when they were just above $2,500 — and are projected to top $3,000 in 2016, according to the New York-based research firm Reis Inc. And the firm projects that trend to continue through 2019, with average annual growth of about 2.4 percent during that period.

Those projections may be tempered by an influx of new options — HFF tracks a pipeline of more than 10,500 new units through 2018, from Jersey City to Fort Lee in Bergen County — but experts say demand from renters is almost eye-popping. Look no further than The Art House in Jersey City, a 119-unit property that was delivered last year by The Shuster Group and leased nearly 100 of its 119 units in three months.

Or the 11-story Warren at York, developed by Millennium Homes, which was 50 percent leased within a week of opening.

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The competition is being felt up and down the Gold Coast, experts say, and it’s becoming especially heated as well-heeled institutions increasingly look to break into the market. That’s one driver for another budding trend by investors: acquiring older properties and renovating them to add value.

READ FULL ARTICLE ON NJBIZ.COM

BNE Real Estate Group Honored with Six Awards at NJAA’s Annual Garden State Awards of Excellence

BNE Real Estate Group was honored with six awards at the 21st Annual Garden State Awards of Excellence sponsored by the New Jersey Apartment Association. From left to right: Kristina Hedden, Vice President of Marketing; Jeff Fenner, Area Property Manager; Seth Cohen, Executive Vice President – Head of Operations; and Alan Pines, Partner.

BNE Real Estate Group was honored with six awards at the 21st Annual Garden State Awards of Excellence sponsored by the New Jersey Apartment Association. From left to right: Kristina Hedden, Vice President of Marketing; Jeff Fenner, Area Property Manager; Seth Cohen, Executive Vice President – Head of Operations; and Alan Pines, Partner.

“Management Company of the Year” Highlights List of Prestigious Awards for Livingston-Based Company

LIVINGSTON, N.J. – BNE Real Estate Group, a national real estate development organization with more than 60 years of experience, was honored with awards in six categories at the 21st Annual New Jersey Apartment Association (NJAA) Garden State Awards of Excellence banquet on Oct. 30th at the Hilton East Brunswick.

BNE took home three individual awards and three overall property management awards. BNE’s management arm, BNE Management Group, was the big winner of the night, taking home the highly coveted “2014 Management Company of the Year” award in the market-rate, under 2,000 units category. Two of the company’s luxury rental buildings, Warren at York in downtown Jersey City and Twenty50 near the George Washington Bridge in Fort Lee, were honored with “Excellence in Property Management” awards.

Jeff Fenner, an Area Property Manager for BNE, won an award for excellence in the “Property Manager” category. Soo Yu, the Leasing Manager for Twenty50, was honored for excellence in the “Leasing Agent” category. Barbara Karp, a Leasing Associate at BNE’s The Club at Autumn Ridge active adult rental community in Union Township, rounded out the evening for BNE by winning an award for excellence in the “Customer Service Manager/Resident Relations & Activities” category.

“The amazing success we were able to achieve at the NJAA Excellence Awards is the direct result of the hard work and dedication of our staff members and the entire BNE team,” said Seth Cohen, Executive Vice President – Head of Operations at BNE Real Estate Group. “This achievement is truly representative of the entire company. I’m beyond grateful to everyone that allows BNE to continue to grow and prosper.”

Hosted annually by the NJAA, the Garden State Awards of Excellence honors leaders in the state’s multi-family rental housing industry. BNE was among the more active participants in that industry this year. This year alone, the family-owned company launched leasing for Warren at York, a 139-unit luxury rental building in downtown Jersey City’s historic Paulus Hook neighborhood, Twenty50, a 194-unit ultra-luxury community that pioneered the recent redevelopment in Fort Lee near the GW Bridge, The Monarch, a 316-unit luxury mid-rise rental building in East Rutherford, and Water’s Edge at Harrison, a 141-unit luxury rental community a few blocks from the Harrison PATH station.

Based in Livingston, BNE builds and manages properties across the country. The company boasts a track record in virtually every type of product category, from low- and high-rise apartments to luxury townhouses and single-family homes to mixed-use developments. For more information, please visit http://www.bnerealestate.com. For more information on the NJAA, please visit http://www.njaa.com.

About BNE Real Estate Group

With over 60 years of real estate development experience, BNE Real Estate Group is a national, family-owned organization that is firmly committed to creating exceptional living experiences for their residents. Their distinguished portfolio of properties include the development of over tens of thousands of homes, more than 1 million square feet of commercial space, and the ownership and ongoing management of nearly 8,000 apartments, with communities stretching from the Tri-state area south to Florida, and west to Texas and California.

Mapping Jersey City’s Tower-Tastic Residential Building Boom

via M. Lorenzo/Curbed.com

CurbedJ2In five years, the Jersey City skyline will look very different than it does today. More than 20 residential buildings are currently under construction in the 15-square mile city, and most of them are not on the waterfront like they have been in the past, thanks to new tax abatement rules to spur greater investment farther inland. Major real estate developers that traditionally focused on Manhattan and Brooklyn have set their sights on the other side of the Holland Tunnel; everyone from Toll Brothers to the Kushners (the architect and the developer) are eager to break ground in JC and take advantage of the strong rental market while stratospheric rates continue to push Manhattanites out of the city.

Following the leads of neighboring Hoboken and the old, artist-filled Brooklyn it calls its muse, still-rugged Jersey City is undergoing a swift transformation that is bothmarket-driven and politically motivated. Brownstones are being restored, new restaurants and cafés are popping up throughout town, and MANA Contemporary is actively luring priced-out painters, photographers and other “makers” to its massive and growing compound that offers the holy grail of cheap rents and huge space. To track the building boom, we mapped 19 new residential developments. Most are in the planning stages or under construction, but a few have recently opened. If you see one we missed, please let us know in the comments section or on the tipline.

Check out the FULL ARTICLE

Eco-friendly luxury apartment building opens in Jersey City’s Downtown

Jonathan Schwartz, senior vice president of BNE Real Estate Group, speaks during the ribbon-cutting ceremony for the luxury apartment building, Warren at York, at 120 York St. in Jersey City on Wednesday, April 9, 2014. Reena Rose Sibayan/The Jersey Journal

Jonathan Schwartz, senior vice president of BNE Real Estate Group, speaks during the ribbon-cutting ceremony for the luxury apartment building, Warren at York, at 120 York St. in Jersey City on Wednesday, April 9, 2014. Reena Rose Sibayan/The Jersey Journal

via Mike D’Onofrio/ NJ.com

With the cut of a ribbon, a new luxury rental apartment building was unveiled in the Downtown Jersey City today.

Developers and city officials gathered this morning at the foot of the newest addition to Jersey City’s skyline: Warren at York, an 11-story, 139-unit apartment building.

While on the roof of the building overlooking the Hudson River, Mayor Steve Fulop said the focus on energy-efficiency and amenities fits his vision for future construction in Jersey City.

“The environmentally friendly buildings are something we’ve asked the (city’s) planning department to pursue,” Fulop said.

“The fact that we are attracting other developers who haven’t done urban buildings of this size before, really speaks to the … Jersey City progress,” he added. “We are being business friendly and at the same time being environmentally aware of the impact on the community.”

Jonathan Schwartz, senior vice president of BNE Real Estate Group — the project’s developer — called the building “one of the most eco-friendly projects in New Jersey.”

In addition to using recycled materials during construction, the building’s green roof helps cool the entire structure and capture rain water in an underground storm-water retention basin that will help alleviate pressure on the city’s sewer system.

Fulop said he expects more of these types of buildings to rise in Jersey City.

“The (city’s) planning department has been really great on making sure that the development community understands the importance of this to the community and we are going to continue to push this,” Fulop said about the building’s eco-friendly features.

The boutique building is located at 120 York St. in the city’s Paulus Hook neighborhood, blocks away from the Exchange Place PATH station.

The building is expected to attract residents from across the Hudson River and boasts a fitness center, billiards and media rooms, concierge service, a washer and dryer in each apartment, and on-site parking.

The apartments range in rent from from $2,100 to $5,000 a month.

As of Saturday, about 25 percent of the building has been rented, Schwartz said.

FULL ARTICLE AND PICS

Warren at York rentals in Jersey City ready for previews

via NorthJersey.com

 

Warren at York in Jersey City

Warren at York is the newest luxury rental property to rise in Jersey City. Many of its residences offer views of the Statue of Liberty.

Warren at York, the newest luxury rental building to be introduced in Jersey City’s historic Paulus Hook neighborhood, is just days away from opening for a special preview period, developer BNE Real Estate Group recently announced.

Eager renters who visit during the preview period will have the opportunity to tour select floors of the building and lock in early bird rental prices prior to the community’s official grand opening date in April.

Priced from the $2,100s to the $5,000s, Warren at York offers renters a mix of studio, one-, two- and three-bedroom residences in a boutique setting with an urban-rustic flare. The building reflects the aesthetics and character of Paulus Hook, the desirable downtown Jersey City neighborhood known for its historic brownstones, restaurants and coffee shops.

Reclaimed materials were used throughout the common spaces at Warren at York to craft details such as wood beamed ceilings and classic brick backdrops, all combining to create a warm and cozy atmosphere that one would more commonly expect from a Brooklyn development. An eclectic mix of masculine and industrial-style furniture, such as leather sofas and cow-hide rugs, enhances the space to create a comfortable setting for the bespoke resident.

“Paulus Hook has transformed into one of the most desirable neighborhoods – not just in Jersey City – but along the entire Gold Coast,” said Kristina Hedden, vice president of marketing for BNE Real Estate Group. “Its unique mom-and-pop charm combined with its historic architecture continues to draw residents from near and far. And with limited rental availability in the area, Warren at York finally delivers a residential opportunity that’s cohesive with the lifestyle of the neighborhood. It’s the opposite of the giant developments along the waterfront. Warren at York is intimate and has personality. It’s the kind of place where you can get to know your neighbors.”

Located at the corner of Warren and York streets, the appropriately named “Warren at York” community is an 11-story boutique-style building featuring 139 condo-style rental residences. A distinct collection of studio, one-, two- and three-bedroom apartments are now available for lease, and range in size from 607 square feet to 1,789 square feet in the penthouse three-bedrooms. One underground level of parking and two above ground levels of parking are incorporated into the building’s design. The multi-color brick and glass exterior contextually blends into the surrounding historic architecture of Paulus Hook, yet provides residents with the comfort and convenience of a modern, new-construction building.

Inside, the residences of Warren at York feature condo-style interiors with spacious layouts, hardwood flooring in bedrooms and living areas, nine-foot ceilings, designer finishes and oversized windows, many with impressive views of the Statue of Liberty and Manhattan skyline. Chef-inspired kitchens include granite counters, mosaic tile backsplash, custom espresso-stained cabinetry, pendant lighting and stainless-steel appliances. Deluxe baths boast such luxury features as stone tile floors, Caesarstone counters and custom vanities. In-home washer/dryers and Smart Technology home systems are among the other features found throughout the homes.

Warren at York offers residents a wealth of amenities and services that aren’t always found in a boutique residential community. These include 24-hour concierge service, a state-of-the-art fitness center, residents’ lounge, billiards, media room, kitchenette, landscaped terrace, green roof, dog run, and on-site parking. The community was designed to be green-conscious and pet-friendly, and non-smoking floors are available.

Warren at York’s location in downtown Jersey City is convenient for commuters. The Exchange Place PATH station, with service to Manhattan, is only three blocks away, the Grove Street PATH station is only six blocks away, and the Hudson-Bergen Light Rail and NY Waterway ferry service are both just steps from the community’s entrance. Some of Jersey City’s most popular restaurants are just steps away from Warren at York.

More information can be found by visiting www.WarrenAtYork.com or calling the leasing office at 201-433-3838. The leasing office will be open seven days a week with tours available for both wait-list and walk-in guests.

Preview period planned for new Warren at York in Jersey City’s Paulus Hook

via NJ.com

Warren at York in Jersey City

Warren at York in Jersey City

Warren at York, the newest luxury rental building to be introduced in Jersey City’s historic Paulus Hook neighborhood, is close to opening for a special preview period, developer BNE Real Estate Group announced.

Renters who visit during the preview period can tour select floors of the building and lock in early bird rental prices prior to the grand opening in April. More information can be found at http://www.WarrenAtYork.com or by calling the leasing office at 201-433-3838.

Priced from the $2,100’s to the $5,000’s, Warren at York offers renters a mix of studio, one-, two- and three-bedroom residences in a setting with an urban-rustic flare.

Reclaimed materials were used throughout the common spaces at Warren at York to craft details such as wood beamed ceilings and classic brick backdrops to create a warm and cozy atmosphere. An eclectic mix of masculine and industrial-style furniture, such as rich leather sofas and cow-hide rugs, enhances the space.

Located at the corner of Warren and York Streets, it is an 11-story building featuring 139 condo-style rental residences. Units range in size from 607 square feet to 1,789 square feet in the penthouse three-bedrooms. One underground and two above ground levels of parking are incorporated into the building’s design. The multi-color brick and glass exterior contextually blends into the surrounding historic architecture of Paulus Hook, yet provides residents with the comfort and convenience of a modern, new-construction building.

The residences feature condo-style interiors with spacious layouts, hardwood flooring in bedrooms and living areas, soaring nine-foot ceilings, designer finishes and oversized windows, many with spectacular views of the Statue of Liberty and Manhattan skyline. Chef-inspired kitchens include granite counters, mosaic tile backsplash, custom espresso-stained cabinetry, pendant lighting and stainless steel appliances. Deluxe baths boast such luxury features as stone tile floors, Caesarstone counters and custom vanities. In-home washer/dryers and Smart Technology home systems are among the other features.

Warren at York offers 24-hour concierge service, a state-of-the-art fitness center, residents’ lounge, billiards, media room, kitchenette, landscaped terrace, green roof, dog run, and on-site parking. The community was designed to be green-conscious and pet-friendly, and non-smoking floors are available. For more information, please visitwww.WarrenAtYork.com.

Preview Opportunity Coming Soon for Warren at York, Luxury Rental Building In Jersey City’s Paulus Hook

Warren at York in Jersey City

Warren at York in Jersey City

Wait List Now Forming for Renters Wanting a Sneak Peak with Best-Value Pricing at the Jersey City Building this Winter Before it Officially Opens in the Spring

JERSEY CITY, N.J. – Warren at York, a new luxury rental building rising in Jersey City’s historic Paulus Hook neighborhood, is on pace for an early spring grand opening. But for eager renters wanting to be among the first to explore the boutique mid-rise community, developer BNE Real Estate Group will offer an exclusive “sneak peak” preview opportunity to waitlist registrants later this winter. Interested renters that join the community’s waitlist at http://www.WarrenAtYork.comwill be invited in for a behind-the-scenes tour of the  model home and amenity area, with the chance to pre-lease studios, one, two & three bedroom luxury apartments at best-value prices. To take advantage of this premier rental opportunity, visit the website today to ensure that you’re on the invitation list!

“There is an exciting amount of interest in this community,” said Kristina Hedden, vice president of marketing for BNE Real Estate Group. “We want to give our waitlist registrants the first bite at the apple. Not only will they be among the first to experience our apartments and amenities, but they’ll have the opportunity to lock in a great price by leasing early.”

Located at the intersection of Warren and York Streets in the quaint and family-friendly Paulus Hook neighborhood of Jersey City, Warren at York will be an 11-story boutique-style building featuring 139 residences.  A distinct collection of studio, one-, two- and three-bedroom apartments will be available to pre-lease later this winter, ranging in size from 607 to 1,789 square feet of living space. One underground level of parking and two above ground levels of parking are incorporated into the building’s design. The multi-color brick and glass exterior contextually blends into the surrounding historic architecture of Paulus Hook, yet provides residents with the comfort and convenience of a modern, new-construction building.

Residences within Warren at York will feature condo-style interiors with spacious layouts, soaring nine-foot ceilings, designer finishes and oversized windows, many with spectacular views of the Hudson River and the Manhattan skyline. Chef-inspired kitchens will include stone counters, mosaic tile backsplash, custom maple cabinetry, pendant lighting and stainless steel appliances. Deluxe baths will include such luxury features as stone tile floors, Caesarstone counters and custom cabinetry. In-home washer/dryers and Smart Technology home systems are among the other features found throughout the homes.

Warren at York will offer residents a wealth of amenities and services that aren’t always found in a boutique residential community. These include 24-hour concierge service, a state-of-the-art fitness center, residents’ lounge, business bar, billiards room, media room, kitchenette, landscaped terrace and on-site parking. The community was designed to be green-conscious and pet-friendly, and non-smoking floors are available.

Warren at York’s ideal location in downtown Jersey City is especially convenient for commuters. The Exchange Place PATH station, with service to Manhattan, is only three blocks away, the Grove Street PATH station is only six blocks away, and the Hudson-Bergen Light Rail and NY Waterway ferry service are both just a short walk from the building’s entrance. Some of Jersey City’s most popular restaurants are just steps away from Warren at York, as well as numerous boutique shops, neighborhood pubs and coffee shops.

For more information, please visit http://www.WarrenAtYork.com or call (201) 433-3838.

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About BNE Real Estate Group

With over 60 years of real estate development experience, BNE Real Estate Group is a national, family-owned organization that is firmly committed to creating exceptional living experiences for their residents. Their distinguished portfolio of properties include the development of over 30,000 homes, more than 1 million square feet of commercial space, and the ownership and ongoing management of nearly 8,000 apartments, with communities stretching from the Tri-state area south to Florida, and west to Texas and California.

In addition, BNE’s property management division is dedicated to providing the highest level of customer service to their residents through innovative systems, extensive resources and highly trained professional staff, earning a stellar reputation for superior service, reliability and responsiveness.

For more information, visit http://www.BNERealEstate.com.

Warren at York due to open in early spring in Jersey City’s Paulus Hook

via NJ.com

WARREN AT YORK

WARREN AT YORK

Warren at York, a new luxury rental building in Jersey City’s historic Paulus Hook neighborhood, is on pace for an early spring grand opening. But for eager renters wanting to be among the first to explore the boutique mid-rise development, BNE Real Estate Group will offer an exclusive “sneak peak” preview opportunity to waitlist registrants later this winter.

Interested renters that join the community’s waitlist at www.WarrenAtYork.com will be invited for a behind-the-scenes tour of the model home and amenity area, with the chance to pre-lease studios, one, two and three bedroom luxury apartments at best-value prices. Visit the website to sign up for the invitation list.

Located at the intersection of Warren and York Streets, Warren at York will be an 11-story building featuring 139 residences. A collection of studio, one-, two- and three-bedroom apartments ranging in size from 607 to 1,789 square feet, will be available for pre-lease. One underground and two above ground levels of parking are incorporated into the building’s design.

Residences feature condo-style interiors with spacious layouts, nine-foot ceilings, designer finishes and oversized windows, many with spectacular views of the Hudson River and the Manhattan skyline. Chef-inspired kitchens will include stone counters, mosaic tile backsplash, custom maple cabinetry, pendant lighting and stainless steel appliances. Deluxe baths will include such luxury features as stone tile floors, Caesarstone counters and custom cabinetry. In-home washer/dryers and Smart Technology home systems are among the other features found throughout the homes.

Warren at York will offer 24-hour concierge service, a state-of-the-art fitness center, residents’ lounge, business bar, billiards room, media room, kitchenette, landscaped terrace and on-site parking. The community was designed to be green-conscious and pet-friendly, and non-smoking floors are available.

For more information, please visit WarrenAtYork.com or call (201) 433-3838.

Path to glory

Jersey City development is on the march to greater heights

By MAX GROSS/ New York Post

Like some desperate boy on the make, Brooklyn and Long Island City spent a long time trying to convince apartment hunters to give them a chance.

Now it’s Jersey City’s turn.

Like Hunters Point and Williamsburg, Jersey City is close to Manhattan — only one train stop away (a PATH train, true). But new apartments are a lot cheaper, and a lot more plentiful, here than in the city.

And while new construction often seems stalled or small-ball in the five boroughs, Jersey City is shooting for the moon.

Manhattan trends including eco-friendly living are starting to appear at developments like Madox, the new rental building that will be the first LEED-certified residential building in Jersey City (as well as the first smoke-free one). Madox will open the Paulus Hook neighborhood this fall.

“It might be the first smoke-free [residential] building in New Jersey,” says James Caulfield Jr., a principal with Fields Development Group, which is putting up Madox.

Prices haven’t been set yet for the 131 apartments (there will also be at least two commercial spaces), but one can expect them to be in line with other newer Jersey City luxury properties (in the upper $30-to-lower-$40-per-square-foot range, per year).

In the next 15 months, Paulus Hook will get another boost of development with the Warren at York. This will be a 12-story, 139-unit rental building featuring one-, two- and three-bedrooms that range from 714 to 1,350 square feet.

“We’re going to have a gym, a media lounge, a pool table, a movie screen, sitting areas and a green roof,” says Jonathan Schwartz, senior vice president of BNE Real Estate Group, which is developing the Warren at York.

Clearly, eco-friendly has been accepted by more than one Jersey City developer.

Madox and the Warren at York are smaller than other Jersey City developments in the works. The new 18 Park, which broke ground this summer, will be an 11-story building with 422 apartments; the residences will sit atop the 34,000-square-foot Boys & Girls Club of Hudson County and 10,000 square feet of retail. The development should be finished by early 2014.

“This was kind of a win-win transaction,” says Josiah Wuestneck, senior vice president at Ironstate Development, which is building 18 Park withKRE Group. The Boys & Girls Club “needed a new home and an endowment to ensure longevity of organization. They had an existing site, so we worked out a deal where we would build them the new space and relocate them.”

While this sounds mammoth, also on Ironstate’s plate is Harborside Financial Center, which is being developed in partnership with Mack-Cali Realty. This is a three-phase project that will bring over 2,000 units to market, as well as several million square feet of office space.

“We’re going to break ground on the first building, which is 69 stories,” in the fourth quarter of this year, Wuestneck says. Ironstate is planning 766 apartments in this first tower. This first phase of Harborside, should be finished in early 2015. (The other two towers are expected to be similar in design and size.)

And if that’s not enough, Newport is also planning more buildings — although so far the developer LeFrak has been mum about any of the details.

Eat your heart out, Long Island City!

READ MORE AT THE NEW YORK POST >>>>