Search
 

URL Harborside: Work to Begin This Year

JERSEY CITY, NJ-This updated story on the Harborside URL Plaza apartment tower project for which a groundbreaking is to take place soon includes very upbeat news on demand for rentals along the Jersey Gold Coast going forward, from TD Bank..

By Antoinette Martin | Updated on October 24, 2013

JERSEY CITY, NJ-TD Bank says in its Regional Multifamily Outlook that, while 2,000 new apartment units will open along New Jersey’s waterfont in the next two years, steady deman for them is expected. That demand will mostly flow from New York City where demand is ever more voracious and land is scarce and more expensive to develop.

Mack-Cali CEO Mitchell E. Hersh said last week that his company plans to move forward quickly wth the first 763-unit tower for its URL Harborside project here, as reported in GlobeSt.com last week. The residential towers – three are planned – are a joint venture iwth Ironstate Development.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.