JERSEY CITY, NJ—Jersey City's Planning Board approved two major mixed-use development projects, named One Journal Square and 30 Journal Square, a decision praised by long-time development advocate and Genova Burns attorney Eugene T. Paolino. Paolino represents developer Kushner Companies and the KABR Group.
“This continues the inevitable movement of Jersey City redevelopment from the waterfront to the City's interior, particularly toward the Journal Square transportation hub – a major draw for millennials seeking housing, as well as the retail businesses and offices that provide them with goods and services,” says Paolino.
Paolino describes the projects, with three mixed-use towers (56-, 79-, and 72- stories each), as “absolutely unique.”
“A one-acre plaza as large as that of the New York Metropolitan Museum of Art with a graceful memorial fountain is planned at the foot of One Journal Square, which will bring green space to the heart of the city,” he says. “Further, the former Jersey Journal building will enable developer Kushner/KABR to create a striking vertical landscape that opens into another magnificent public plaza with a promenade bracketed by two retail buildings off of Sip Avenue.”
Both projects offer an efficient pathway to the Journal Square Transportation Center.
Approval of the projects by the Planning Board on August 16 comes a week after Mayor Steven Fulop proposed a municipal open space tax to raise $1.2 million annually for open space and parks in the state's second largest city.
Paolino has lived and worked in Jersey City and has been the attorney for many landmark real estate projects along the Hudson River. Paolino notes this project “exemplifies the city's transformation into becoming one of the most exciting and appealing urban communities on the East Coast.”
JERSEY CITY, NJ—Jersey City's Planning Board approved two major mixed-use development projects, named One Journal Square and 30 Journal Square, a decision praised by long-time development advocate and
“This continues the inevitable movement of Jersey City redevelopment from the waterfront to the City's interior, particularly toward the Journal Square transportation hub – a major draw for millennials seeking housing, as well as the retail businesses and offices that provide them with goods and services,” says Paolino.
Paolino describes the projects, with three mixed-use towers (56-, 79-, and 72- stories each), as “absolutely unique.”
“A one-acre plaza as large as that of the
Both projects offer an efficient pathway to the Journal Square Transportation Center.
Approval of the projects by the Planning Board on August 16 comes a week after Mayor Steven Fulop proposed a municipal open space tax to raise $1.2 million annually for open space and parks in the state's second largest city.
Paolino has lived and worked in Jersey City and has been the attorney for many landmark real estate projects along the Hudson River. Paolino notes this project “exemplifies the city's transformation into becoming one of the most exciting and appealing urban communities on the East Coast.”
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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].
