18 Park Luxury Rental Building Honored By New Jersey Future With 2015 “Smart Growth” Award

18 PARK

18 PARK

KRE Group and Ironstate Development’s Iconic Jersey City Project Praised as a Landmark Multi-Use Building, Anchor of Emerging Community

Development partners Kushner Real Estate Group (KRE) and Ironstate Development Company have received a 2015 “Smart Growth” award for creating an iconic, mixed-use development in an emerging neighborhood in downtown Jersey City.

New Jersey Future, a non-profit organization that promotes responsible land-use policies, named KRE/Ironstate’s 18 Park building one of the recipients of its prestigious annual award, noting that it was designed to be the “community anchor” of an 80-acre redevelopment area in Jersey City’s Liberty Harbor North neighborhood.

18 Park is a 422-unit rental building with upscale amenities and services, but it is also home to a variety of community organizations. The Boys & Girls Clubs of Hudson County occupied brand new, state-of-the-art facilities at 18 Park in 2014 after relocating from a severely outdated building nearby. The Great Futures Charter High School for Health Sciences also calls 18 Park home, as does a teen technology center that includes music recording and graphic arts equipment. The building also includes street level retail that contributes to the vibrancy and pedestrian-friendly character of the neighborhood, making it feel like a true “center” of the community.

“The broad combination of community uses, plus the retail space, the 415 apartments above the community facilities and the seven townhomes along the south side of the building all work together to generate a wide range of activity at various hours of the day and evening, giving the building the true feel of a community center,” the award announcement from NJ Future reads. “As Liberty Harbor North continues to develop, 18 Park’s role as a community center will only continue to grow.”

18 Park was designed from the beginning of the project with the goal of both resident enjoyment and community engagement in mind. The Boys & Girls Clubs of Hudson County facilities are independently accessed and include a spectacular gymnasium with a floor-to-ceiling wall as part of the club’s programmed space. Parking is concealed on the interior of the building and a Hudson-Bergen Light Rail stop is right on the corner, allowing for a fully-engaged streetscape that encourages mass-transit usage and community interaction.

“We set out to create a dynamic, lifestyle-oriented property for our residents that would be not only a centerpiece of the Liberty Harbor North neighborhood, but also one of the most exciting rental offerings in all of Jersey City,” said Jonathan Kushner, President of The KRE Group. “Including usable community space for The Boys & Girls Clubs of Hudson County and other organizations was incredibly important to us too. The fact that we were able to accomplish both goals so seamlessly is a testament to our design team, our construction team and the Jersey City community as a whole.” Continue reading

Would You Rather? Winter Real Estate Edition

Happy New Year! It’s time for our new Poll! This time JC FYI decided to play a variation on the game “Would You Rather …” by asking our readers …

Which of these nearby new projects are you most excited about? Vote Below!

 

900Monroe_Exterior_A_FINAL JPEG900 MONROE

Steps from the 9th Street Light Rail Station in Hoboken, LEED-certified 900 Monroe will blend an upscale living experience with the convenience of quick access throughout New Jersey’s Hudson River “Gold Coast,” including Hoboken’s PATH, NJ Transit and ferry terminals with service to Manhattan.

The distinctive building will feature a collection of one-, two- and three-bedroom residences with a number of designer and energy-efficient features, including sustainable bamboo flooring, oversized windows, kitchens and baths with modern low-flow fixtures, Frigidaire and Bosch Energy-Star appliances, granite countertops and modern cabinetry design; and lavish baths with recycled porcelain tile.A suite of amenities will include an attended lobby, state-of-the-art gym, outdoor pool, clubrooms and automated on-site parking.

 

Park PlacePARK + GARDEN

The new 12-story building, located at 1415 Park Avenue on the north end of Hoboken, will feature 212 rental residences, 13,000 square feet of retail space, 32,000 square feet of educational space and a six level parking garage.

Park + Garden will include a number of innovative, environmentally-sensitive features to minimize its impact on the environment. These include a vegetated terrace that will reduce storm water runoff; a CHP (combined heat and power) module that produces hot water and electricity using a single natural gas fuel source; twelve charging bays for electric cars; and spaces for more than 100 bicycles. The heating, cooling and lighting designs, in conjunction with a high-performance building envelope and the CHP module, aim to achieve a 33-percent reduction in energy usage, based on industry standard comparisons.

 

100 Avenue at Port Imperial 3rd Gloor Outdoor PlazaTHE AVENUE COLLECTION

The Avenue Collection, located in Edgewater, is a 74-unit building, including a three-bedroom, three-bath residence with a spacious outdoor balcony and dramatic views of the Manhattan skyline, two two-bedroom homes offering north-west vistas, and a unique one-bedroom-plus-den duplex residence with a private street entrance and sensational waterfront and skyline views from every room. Homes include one-, two- and three-bedroom floor-plans ranging from 1,472 to 2,188 square feet of living space.  The residences are currently priced from $1.1 million to $2 million, with immediate occupancy available.

A private suite of amenities fosters an upscale hotel-like lifestyle within the intimate setting, including Concierge services, integrated building security system, a grand salon/lobby lounge with a fireplace, a social room looking out onto New York City that includes a fireplace, TV’s, multiple gathering areas and catering kitchen; a state-of-the-art fitness center with sauna and steam showers, cardio & strength equipment and a separate Yoga room; and a conference/boardroom.  A third-floor outdoor plaza area features a convenience kitchen, open lawn and planting areas, seating areas, a fire pit, sundeck and cooling spray area.  An enclosed parking garage affords many homes with two parking spaces.

 

Out & About: Summer Highlighted Elegant Homes and Vibrant Lifestyle at The M at Englewood South in Bergen County

Pool ShotReal Estate News – There’s certainly no shortage of new residential developments on tap right here in Jersey City. However, many other FYI partner cities also have exciting projects underway.  Here’s a look at a new condo building in Bergen County …

Prospective homebuyers rushed to visit The M at Englewood South during the summer season when they received a comprehensive look at the overall lifestyle at the upscale Bergen County condominium community.

It starts in the fully furnished model homes that accurately demonstrate the elegance, comfort and appeal of the community’s one-and two-bedroom designs.  It extends to the world-class recreation facilities, including the sparkling outdoor pool and sun deck, two of the most popular amenities at The M where residents come to gather and socialize under sunny skies.

The exclusive experience was valuable insight into the tremendous homeownership opportunities at The M at Englewood South, where luxurious condominiums are priced from just $298,000.  It resulted in ten upscale condominiums purchased at the community during the summer months.

“We have a young and vibrant community and its lively environment was on full display during the summer months,” says Nick Hollenbeck, Sales Manager for The Marketing Directors, the exclusive sales and marketing agent at The M.   “After getting a glimpse of the building and homes, visitors were provided a first-hand look at the festive atmosphere around the pool and the close-knit neighborhood that has made The M one of the most popular neighborhoods for first-time homebuyers.  It’s easy for them to envision themselves living here and has prompted many to move forward with their decision to purchase.”

M_englewood_0058-Edit-smallThe M’s attractive pricing has drawn many young couples and single-professionals to the community.   These buyers — who are increasingly focused on receiving the most bang for their hard-earned buck — are also discovering special buyer incentives now available, which provide a level of value that is not often found in today’s demanding real estate market.  For a limited time, homebuyers can receive $7,500 off one-bedroom homes and $15,000 off two-bedroom condominiums at The M.

“Today’s buyer wants to be confident in their purchase and ensured they are receiving of the best value in their new home,” says Ron Orgel, a representative of Flatrock 3, LLC, sponsor of The M at Englewood South.   “At The M, we’re able to offer brand new condominiums with expansive floorplans and upscale finishes at competitive prices that are well within the budget of first-time buyers.  The special incentives combined with the now available 90% finance package, make purchasing and living at The M a compelling opportunity that has clearly gained traction with purchasers.”

In addition to the outdoor pool, an on-site resident’s clubroom with catering kitchen for large parties and entertaining bolsters the desirable lifestyle at The M.  Residents also receive a one year membership to The Gym, a 40,000 SF state-of-the-art fitness center located at 20 Nordhoff Place.

The M boasts a collection of inspiring single-level floor plans adorned with elegant designer finishes and appointments.  The expansive layouts range from 797 to 1,499 square feet of living space and feature open layouts, sumptuous bedrooms, state-of-the-art kitchens with maple cabinetry, under-counter lighting and granite countertops, large laundry areas with side-by-side General Electric washers and dryers, large walk-in closets and additional powder rooms in most homes.

Lavish master bathrooms boast granite countertops and double-sink vanities.  There’s also oak hardwood flooring throughout the living area and ceramic tile flooring in the entry hall and kitchen.

Homes are available for Immediate Occupancy.

Located at 104 Riverview Avenue, The M offers residents a best-of-both-worlds setting that blends key suburban conveniences with sought after urban appeal.  Englewood’s dynamic downtown features an eclectic offering of upscale shops and boutiques and more than forty five restaurants and eateries.  Brand name shopping can be found at the nearby Riverside Square Mall and Garden State Plaza, while the Bergen Performance Arts Center in Englewood features nearly 150 world class performances yearly, ranging from Rock and Classical music to Comedy and Dance performances.

The community is also a commuter’s dream.  The M is minutes from Route 4 with access to the George Washington Bridge and just 12 miles to Manhattan.  A parking space in The M’s enclosed parking garage is included in the purchase price. For those wishing to use public transportation, shuttle service is provided from the community to the nearby NJ Transit bus stop which offers convenient service into New York City.

For more information on The M at Englewood South, please call 866.650.3842 or visithttp://www.LiveAtTheM.com.

 

Real Estate, Housing Prices, and Uber

UberJim Edwards at Business Insider explores the intersection of Uber and Hudson County real estate. The power of tech indeed!

For some strange reason, Uber seems to be both cheaper and more convenient in New Jersey than it is in New York. Two Uber drivers recently told me why they believe that is: There is an oversupply of drivers in New Jersey, and an under-supply in New York, these drivers say.

FULL ARTICLE

 

Artists Aim for the Heights in Jersey City

via Jennifer Weiss/ The Wall Street Journal

WSJ HghtsAn arts district approved for a section of Jersey City’s Heights neighborhood could spur new development and bring more creative types to an area that is already home to many artists.

The Riverview Arts District in the eastern part of the Heights was designated back in the 1980s but never fully materialized. Zoning changes permitting live-work and studio spaces for artists were formally adopted by the city in February.

Artists have lived and worked in converted industrial buildings and other spaces in the neighborhood for many years. More recently, the neighborhood has drawn white-collar professionals and families priced out of other areas or looking for more space for their money. Brokers and residents say the creation of the arts district makes it still more desirable.

READ ON >>>