JERSEY CITY, NJ—Northmarq Capital's New Jersey office negotiated a $192 million construction to permanent loan on URL® Harborside 1. The project will be located at 200 Greene Street in the Harborside Financial District in Jersey City, NJ, and will consist of a 69 story apartment tower containing 763 units, 5,204 square feet of retail space and an 8-story parking garage containing 222 spaces.
The building will be one of the first in the market to introduce an emerging concept of beautifully designed, sustainable and space efficient units under the banner of URL® (Urban Ready Living®). Designed to target professionals from a variety of industries who demand amenities over space, there will be a focus on creating unique and usable common spaces such as shared work spaces with wi-fi throughout all common areas, a café, an outdoor pool, garden lounge area and a state-of-the-art fitness center.
The developer, Harborside Unit A Urban Renewal, is a joint venture between Mack-Cali Realty and Ironstate Holdings.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.