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Re: Jared Kushner buys long-delayed Journal Square property for $27M
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Home away from home
 
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56-story tower planned for long-vacant Jersey City lotBy JERSEY CITY — It's only a black-and-white rendering, but The Jersey Journal has a first look at one of the highly anticipated residential towers slated for a long-vacant lot near the Journal Square PATH station. Dubbed One Journal Square — not to be confused with One Journal Square Plaza, a few blocks away — the property was purchased earlier this year by developers Jared Kushner and KABR Group for $27 million. Preliminary plans for the first tower, which will have 56 stories, indicate it will rise 666 feet into the air — making it one of the tallest buildings in New Jersey — and include 744 residential units, a mixture of studios and one-, two-, three- and four-bedrooms. There are no affordable units planned for the 1.1 million square-foot tower. Read more: http://www.nj.com/hudson/index.ssf/20 ... g-vacant_jersey_city.html
Posted on: 2015/8/19 5:06
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Re: Jared Kushner buys long-delayed Journal Square property for $27M
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http://nypost.com/2015/01/06/develope ... uts-stake-in-jersey-city/
?A big arts culture is growing in Jersey City.? Is Growing????? When you got Trumps and Kushner buildings going up, i guess it's over ..... See the new Richard Meier Teacher's Village in Newark for real tasteful forward thinking architecture.
Posted on: 2015/1/6 21:02
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Re: Jared Kushner buys long-delayed Journal Square property for $27M
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Google shows Jareds purchase as 1-41 Journal Square Plaza. Panepintos building is shown as 1 Journal Square Plaza. Jersey Citys' crack map team will iron this out. Well maybe.
Posted on: 2015/1/5 22:46
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Re: Jared Kushner buys long-delayed Journal Square property for $27M
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I was trying to figure it out also. I think One Journal Square Plaza is the Panepintos building where the JCPD is now. One Journal Square is the Harwood property in the JJ piece. Confusing..yes
Posted on: 2015/1/5 22:14
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Re: Jared Kushner buys long-delayed Journal Square property for $27M
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One Journal Square is Joseph Panepintos building several blocks north at the Boulevard and Cottage Street is it not? Another confusing Jersey City address/street name.
Posted on: 2015/1/5 21:41
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Re: Jared Kushner buys long-delayed Journal Square property for $27M
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Home away from home
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2013/10/15 19:58 Last Login : 2015/12/30 14:17 From Paulus Hook
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This is great news! Hopefully a new owner will finally get this development off the ground and that dreadful eyesore filled in.
Posted on: 2015/1/5 17:53
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Jared Kushner buys long-delayed Journal Square property for $27M
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(this is the big lot by the fountain where the old Hotel on the Square used to stand that has been empty for years? not the one next to PATH (by Magnolia Avenue) where construction is underway) (great news finally!!)
Jared Kushner buys long-delayed Journal Square property for $27M By Terrence T. McDonald | The Jersey Journal on January 05, 2015 at 12:03 PM JERSEY CITY ? Just call it Kushner Square? Kushner Companies announced today that it has bought the vacant One Journal Square in Jersey City, the site of a long-delayed project that was once set to house 1,500 rental units and 150,000 square feet of retail space in two 60-story towers mere steps from the Journal Square PATH station. Kushner, headed by CEO Jared Kushner, partnered with KABR Group to buy the property for $27 million, the companies announced today. The two entities are also developing a site across the street ? 30 Journal Square, the former headquarters of The Jersey Journal ? into a 40-story residential tower. Meanwhile, around the corner, KRE Group, headed by President Jonathan Kushner, is building Journal Squared, a three-tower project at the top of Magnolia Avenue. The first phase of that $666 million development, a 53-story tower, is set for completion next year. In total, the three towers will house over 1,800 units and 36,000 square feet of retail space. Jared and Jonathan are first cousins, sons of feuding brothers Charles and Murray. Murray Kushner is chair of KRE Group. In a statement, Jared Kushner said he is "bullish" on Jersey City, and indicated that the soon-to-be-released new plans for One Journal Square "will help drive the city?s continued renaissance." full JJ piece? http://www.nj.com/hudson/index.ssf/20 ... for_27m.html#incart_river
Posted on: 2015/1/5 17:12
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