JERSEY CITY, NJ—The KRE Group and National Real Estate Advisors broke ground this week for “Journal Squared,” a three-tower, mixed-use development adjacent to the Journal Square PATH Station that the two developers hope will revitalize the massive Journal Square transportation hub and become the centerpiece of a resurgent urban neighborhood.
The new 53-, 60- and 70-story towers, at the intersection of Pavonia and Summit Avenues, will have 1,838 rental units, 36,000 square feet of retail and restaurant space and a pedestrian-friendly public plaza.
“This is an exciting day because this is really a game-changer for Jersey City in so many ways,” says Jersey City Mayor Steven Fulop. “This project is going to change Jersey City, and it's certainly going to change Journal Square. When all three towers are complete, it will literally transform and recreate the entire Jersey City skyline. That is no small accomplishment and nothing short of something that the entire city should be proud of.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
