Goldman Sachs subsidiary GSJC submitted two applications to develop the properties to the city, according to a report in JerseyDigs. The project will be built in phases, with the tower at 55 Hudson going up first.

The retail space at 55 Hudson will face the Hudson Street side of the building and be split between 37K SF on the ground floor and another 26K SF on the third floor.

According to the applications, the new towers will be designed by Handel Architects. Both towers will be glass-sheathed with significant curtain wall portions plus podiums that utilize brick components. The towers, which will feature crowns with dark silver blue vision glass.

The plans call for the towers to be built offset from each other, with east-facing residences that boast spectacular views of the Manhattan skyline.

A new parking garage will be built at 55 Hudson, with 387 parking spaces and 539 bicycle spots. The tower at 55 Hudson will feature a seventh-floor "amenity deck," including an outdoor pool, tennis courts, a dog run, a garden and a grilling area. 55 Hudson's 57^th floor also will include indoor and outdoor amenity space, according to the plans.

The 42-story tower at 50 Hudson will include a two-story podium. The 924 units in the building will include 259 studios, 444 one-bedroom units and 221 two-bedroom units. The retail space on the ground floor at 50 Hudson will face the Morris Street side of the building. Amenity space on the third floor will include a swimming pool. Indoor and outdoor amenity space is planned for the 41^st floor.

The Colgate Redevelopment Area, established in 1989 on a 16-acre site that was the former headquarters of Colgate-Palmolive, is not covered by Jersey City's inclusionary zoning ordinance, so Goldman and Tishman are not required to include affordable housing in the new towers.

Goldman Sachs established a major footprint in Jersey City when it opened its headquarters tower in 2004 at 30 Hudson Street—the tallest building in New Jersey until 99 Hudson opened in 2018.