PLEASE READ!!!

***** ALL users will have to request a password reset BEFORE you will be able to log into the forum. See the thread in the forum issues section for further instructions. If you have issues with this, email us at admin@urbanohio.com. *****

Author Topic: Jersey City: Developments and News  (Read 228 times)

0 Members and 1 Guest are viewing this topic.

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Jersey City: Developments and News
« on: September 17, 2006, 12:21:50 AM »
jersey city, nj




a pic of newport, nj next door to the north


is jersey city/newport is turning into america's dubai? or just a glorified stamford/white plains?  :laugh:

a biggie called the metropolitan to go up just north of the newport mall. 755-foot residential tower. 809 condominium units, 809 parking spaces on seven floors, and 12,445 square feet of retail space.

If it gets its city approvals, the structure at Sixth and Washington streets would be the second largest building in New Jersey. The largest building is already in Jersey City: the Goldman Sachs building at 30 Hudson St. stands at 791 feet.

Within a 10-block radius, there are several condo towers either under construction or that have been approved for construction, including: the 55-story Trump Plaza Jersey City on Washington Blvd. and Bay Street; the 33-story Athena on the corner of Washington Boulevard and Second Street; and the proposed San Remo I, San Remo, and Monaco condo towers located off Washington Boulevard behind the Doubletree Hotel.

the metropolitan


link:
http://www.curbed.com/archives/2006/09/15/jersey_city_ellipse_metropolitan_is_very_elliptical.php


trump plaza is twins - mentioned above
of course you could find a million pics of blowhard trump's dumps
but i couldn't find any renderings of any of the others mentioned


residences at liberty
2.8-million sf, 52 stories
$224-million project consisting of three residential towers


grove pointe - not mentioned above
The 29-story building will consist of 525 luxury residential units, 67 condominiums and 458 rental apartments, 535 spaces of on-site parking and a renovated PATH station allowing quick travel to midtown and downtown Manhattan. On the ground floor, the building will offer 20,000 square feet of retail space. under construction now, completion 2007.


finally, again they did not even mention this double thingy called the shore club that is also going up now:
http://www.shoreclubatnewport.com/site/index.php?r=ns
http://specialsections.nypost.com/news/nypost/nyphome/20060114/p38_s1.htm

SKYLINE PERSPECTIVES A view of Manhattan from the 26th floor of the Shore Club Condominiums at Newport in Jersey City, sold for $895,000.

 
By ANTOINETTE MARTIN
Published: September 3, 2006
 Marko Georgiev for The New York Times


A view of Manhattan from the 11th floor at 700 Grove in Hoboken, listed at $779,900.
Correction Appended


WHEN he was 10 years old and growing up in a cold-water flat in Jersey City, William Sinclair decided to buy the Empire State Building. Every day, he looked at it, lusted after it and became more determined to have it.

“I want to be on top of the world,” he told himself, “and that’s it.”

More than 65 years later, Mr. Sinclair, who is retired after running his own electronics manufacturing company, has finally grabbed hold of his glistening dream. He is not actually buying the skyline showpiece — but he is buying a superb skyline view. He will be able to look right across the Hudson River at the Empire State Building, day and night, from the living room of his condominium on the 26th floor at the top of the Hudson Tea Building in Hoboken.

The cost for Mr. Sinclair’s nonpareil panorama is $1.6 million.

“This is way better than what they got in Manhattan,” he cackled while talking about his new place, currently being renovated, as the Tea Building is converted from rentals to condominiums. “All they got to look at over there is Jersey. And compared to what they pay, this is an incredible steal.”

That kind of thinking comes into play at every price point among home buyers seeking a view of the Manhattan skyline, say developers who are busy creating literally thousands of units with a view.

In Jersey City, Hoboken and “Gold Coast” towns like Edgewater, Weehawken and West New York, buildings with a vista, or at least a glimpse, are proliferating as if there were no tomorrow.

In one sense, there is not. When the western riverbank is built out, “that’s it,” as Mr. Sinclair would say — at least until developers turn their attention to the towns atop the Palisades.

At river level, many developers are even now compelled to focus on second-best sites, those that don’t offer views of icons like the Empire State, the Chrysler Building or the Statue of Liberty, and don’t include the George Washington Bridge or Verrazano-Narrows Bridge sparkling through the night, and might show off just a sliver of river and a more anonymous edifice or two.

This is good news for buyers who do care about cost, some developers are quick to point out.

“Maybe one view is a Picasso,” said Benjamin D. Jogodnik, who oversees project development in Hoboken and Jersey City for Toll Brothers, “but if you don’t have the resources to own a Picasso, or don’t care to, it’s now possible to get a perfectly good view for a price in the low $500,000’s.”

On a hard-hat tour of 700 Grove, his company’s 12-story building going up 10 blocks inland of the South Hoboken ferry terminal and PATH station, Mr. Jogodnik showed off several unfinished 11th-floor units, including a one-bedroom place priced at $519,990 with a dynamic view of downtown Jersey City and a modest view of downtown Manhattan.

Even on the same floor, prices vary widely, depending on space and the viewable vistas: a 1,400-square-foot, two-bedroom, two-bath unit with a glorious panoramic view stretching from Midtown to the Statue of Liberty is priced at $779,900. A 1,200-square-foot, two-bedroom, two-bath unit with a view across a landscaped courtyard and the streets of Hoboken to downtown Manhattan is priced at $659,990.

One floor below, the same designs cost $25,000 and $20,000 less, respectively.

So far, developers report the market for moderately priced units with views is much softer than that for high-priced units. Two-thirds of the apartments at the relatively moderately priced 700 Grove are sold after a year of marketing, while at Toll Brothers’ higher-priced Hudson Tea Building, all but a smattering of the converted units sold out rapidly.

At Maxwell Place, envisioned as the “crown jewel” of Hoboken condos, according to Mr. Jogodnik, the first of two buildings is now under construction by Toll in concert with Pinnacle Custom; its ultraelegant units with interiors by Michael Graves and the best available views of Manhattan, priced at $1 million and up, were 100 percent sold out while the shovels were still shiny.

Harrison T. LeFrak, managing director of the LeFrak Organization, which began building rental towers at its Newport development in Jersey City a quarter-century ago, suggested that the concept of moderately priced views is somewhat new in the Gold Coast marketplace.

As more and more buildings rise, and obscure one another’s sightlines to the city, things are evolving, Mr. LeFrak observed.

At Newport, LeFrak Organization is building the first of two 28-story towers for the Shore Club Condominiums project. The building is rising at the corner of River Drive and Newport Parkway, due east of the Holland Tunnel entrance, one block in from the river.


The view from the eighth floor at the Hudson Tea Building in Hoboken, listed at $1.4 million.

Right now, all floors above the fifth have straight-on views eastward to Lower Manhattan and north toward the George Washington Bridge. But numerous other Newport buildings present obstacles looking south.

All 220 apartments in the tower have been sold at prices ranging from $420,000 to $1.3 million, and about 90 of the units in the second tower, to be built just north of the first, have been sold too. The buildings, quadrilaterals whose sides are not parallel, will both feature large terraces of 60 square feet or more in each apartment, so that even those units without great window views, and those in the far back of the structure, capture a satisfying slice of the skyline.

Two years from now, however, the picture will change. LeFrak will begin building the Aqua, a 330-foot-high 31-story rental property, between the Shore Club and the river. Also, the builder announced last spring that it will build the Ellipse — a glass and steel elliptical tower with 325 apartments, to stand 460 feet tall, on a pier at the end of 14th Street, one block north of the second Shore Club building. LeFrak has eight other buildings north of the Shore Club in its plans.

The best strategy in a changing marketplace? Harry Kantor of the KOR Companies, which built the 19-story Montgomery Greene condo complex in Jersey City, said the right answer is always to buy high — the highest floor and the highest price you can afford.

“This is waterfront property — a diminishing commodity, increasingly rare,” Mr. Kantor said. “Those things that are rarest tend to appreciate more rapidly. From an investment and value point of view, there’s no question that you should go as high as you can.”

On the other hand, observes Christopher Winslow, who directs marketing for the Tarragon Corporation, many people simply cannot swallow spending an extra five figures to get a few more degrees of perspective.

At Hudson Park, Tarragon’s nearly complete high-rise in Edgewater, the price differential is about $10,000 per floor. A two-bedroom, three-bath unit on the ninth floor would be priced at $500,000 to $600,000, he said; on the 15th floor, the same unit would cost $60,000 more.

All units in the glass-and-steel building are priced at roughly what a comparable apartment in New York City would sell for, he said.

“In terms of the view of Manhattan, the higher you go, the more foreground you clear,” said Mr. Winslow, whose company posts video that pans across the panorama of actual views at onehudsonpark.com, its Web site. “Up high, you lose a little river, but get more city. Lower down, the river appears wider.”

In the end, Mr. Winslow asserted, it comes down to personal taste. “What’s your lifestyle? Where do you need to be? That’s how you choose a view.”

Correction: Sept. 10, 2006

The “In the Region” article last Sunday about apartments on the New Jersey waterfront with views of Manhattan misstated the prices of units at Hudson Park in Edgewater relative to New York City properties. They are priced at roughly half what a comparable property in Manhattan would cost; they are not roughly equal.

link:
http://www.nytimes.com/2006/09/03/realestate/03regi.html?pagewanted=1&ei=5070&en=3353012399bafb91&ex=1158638400




Offline ColDayMan

  • ♫ An Apollo Legend ♫
  • Administrator
  • Jeddah Tower 3,281'
  • *****
  • Posts: 20918
    • UrbanOhio
Re: Jersey City: Developments and News
« Reply #1 on: September 17, 2006, 12:26:54 AM »
is jersey city/newport is turning into america's dubai? or just a glorified stamford/white plains?

The latter.  Or even more true, the Canary Wharf of America.

The Dubai of America is Las Vegas. 
"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #2 on: September 17, 2006, 12:29:09 AM »
well sure they are both in the desert.

Offline ColDayMan

  • ♫ An Apollo Legend ♫
  • Administrator
  • Jeddah Tower 3,281'
  • *****
  • Posts: 20918
    • UrbanOhio
Re: Jersey City: Developments and News
« Reply #3 on: September 17, 2006, 12:31:09 AM »
And horrendously tacky.
"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #4 on: September 17, 2006, 12:40:02 AM »
as far as tacky there is a clear winner in that. vegas will always lead in tacky. jc/newport is much more bland and office parkish than tacky.

Offline ColDayMan

  • ♫ An Apollo Legend ♫
  • Administrator
  • Jeddah Tower 3,281'
  • *****
  • Posts: 20918
    • UrbanOhio
Re: Jersey City: Developments and News
« Reply #5 on: September 17, 2006, 12:44:51 AM »
Oh, I never said Jersey City was tacky.  It's far from it.  It's more akin to La Defence or Canary Wharf.

Las Vegas and Dubai are both the capitals of tacky (with Macau coming in 3rd).  Or...Branson...
"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #6 on: September 17, 2006, 12:54:43 AM »
yeah how on earth did blandness become the new modern riviera? also, ditto is happening across manhattan on the williamsburg/queens waterfront too. whatever happened to the exhuberant miami beaches?

maybe that big new "metropolitan" res tower will look better than the initial rendering. arquitectonica pulls out some striking stuff sometimes. i'll keep an eye out for better renderings.

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #7 on: September 19, 2006, 03:25:23 PM »
^ here's another rendering i found of that tower:



Offline ColDayMan

  • ♫ An Apollo Legend ♫
  • Administrator
  • Jeddah Tower 3,281'
  • *****
  • Posts: 20918
    • UrbanOhio
Re: Jersey City: Developments and News
« Reply #8 on: September 19, 2006, 06:17:13 PM »
It's not bad and will perhaps reflect Lower Manhattan.
"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

Offline UncleRando

  • Jeddah Tower 3,281'
  • *****
  • Posts: 14999
Re: Jersey City: Developments and News
« Reply #9 on: September 20, 2006, 02:51:22 PM »
I like it a lot that the two cities are kind of complementing one another......this sort of reminds me of Cincy/Nky (much smaller of course).  Only if Nky would do some cool projects like what NYC's other is doing.

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #10 on: February 26, 2007, 03:50:55 PM »
jenga joisy style!




from a ny re blog:

"What we have here is 111 First Street, an innovative, exciting design for a mixed-use development unveiled today by starchitect Rem Koolhaas. Would look great in the East Village, no? Great! Then you'll enjoy the fact even more that the project is actually set to rise in Jersey City."

from a jersey city blog:







http://jclist.com/modules/newbb/viewtopic.php?post_id=97749#forumpost97749



Offline MyTwoSense

  • Jeddah Tower 3,281'
  • *****
  • Posts: 29418
Re: Jersey City: Developments and News
« Reply #11 on: February 26, 2007, 03:54:33 PM »
...then I'll huff and I'll puff and I'll blow your house in....


It does have a certain, third world East Village look to it.

Offline 3231

  • Global Moderator
  • Jeddah Tower 3,281'
  • *****
  • Posts: 6452
Re: Jersey City: Developments and News
« Reply #12 on: February 26, 2007, 06:07:30 PM »
i did that with my blocks once as a kid.

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #13 on: March 06, 2014, 12:30:15 PM »
jersey city journal square developments, including 3 big towers:

....Among the most prominent is Journal Squared, a 2.4-million-square-foot mixed-use residential and retail project under development by the New Jersey-based KRE Group. Adjacent to the Journal Square Transportation Center, the complex — upon completion — will house 1,840 rental apartments spread across three towers of 54, 60 and 74 stories. The first tower is slated to open in late 2016 and will feature 540 rental units ranging from studios to three-bedrooms....

....Having lived off the Grove Street PATH for the previous 10 years, Scalia says her new neighborhood feels much like downtown did when she first moved there. “There are a couple of boutiques here and there, a couple of restaurants here and there, and then you have a lot of closed storefronts as you did in downtown,” Scalia says. “But now you have a lot of people coming in and really revitalizing the area.”....

more:
http://nypost.com/2014/03/05/jersey-city-is-reaching-for-the-sky/







« Last Edit: September 08, 2014, 12:52:33 PM by ColDayMan »

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #14 on: March 15, 2014, 02:03:49 PM »
more j sqd render porn - they have ambitious plans!   8-)












« Last Edit: March 15, 2014, 02:04:55 PM by mrnyc »

Offline mrnyc

  • Jeddah Tower 3,281'
  • *****
  • Posts: 13003
Re: Jersey City: Developments and News
« Reply #15 on: October 07, 2015, 05:14:39 AM »
the 1st 700+ft urban ready tower topped out this week. its clearly visible on the skyline over there. two more are on the way:

http://archpaper.com/news/articles.asp?id=7102