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Re: Journal Squared Project to Begin
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Developers celebrate opening of first Journal Square high-rise

By Terrence T. McDonald | The Jersey Journal
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on March 17, 2017 at 1:02 PM, updated March 17, 2017 at 2:14 PM

JERSEY CITY -- The developers behind the first tower in the Journal Squared project celebrated the opening of the 53-story high-rise today, saying the "bold and beautiful" building will transform the area.

The first residents begin moving into the tower's 538 luxury apartments tomorrow. Jonathan Kushner, of KRE Group, which is behind the three-tower project, said KRE has leased about 100 apartments since the leasing office opened a week ago.

The $204 million tower is Journal Square's first skyscraper, the first of five high-rises planned for around the PATH hub. A sixth is planned for across Sip Avenue, on the site of the old Jersey Journal building.

http://www.nj.com/hudson/index.ssf/20 ... _high-rises_opens_to.html


Posted on: 3/18 0:43
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Journal Squared's first Jersey City apartment tower launches leasing

The building’s 538 apartments all have views of Manhattan and beyond

CURBED NEW YORK by Mar 8, 2017, 10:00am EST

The first phase of Journal Squared, a massive project in Jersey City developed by KRE Group and National Real Estate Advisors, is officially on the market. Leasing launched this week for the first tower’s 538 apartments. Eventually, the development’s three towers will collectively bring 1,838 apartments, 36,000 square feet of retail, and a public plaza to the Journal Square neighborhood.

Apartments in the 432 Park look-alike will begin on the ninth floor to ensure that “each apartment offers spectacular views of the Hudson River, Statue of Liberty, and the Manhattan skyline,” per a release. More than half of the units are one-bedrooms with open floor plans, hardwood floors and oversized windows.

http://ny.curbed.com/2017/3/8/1484958 ... city-tower-leasing-launch


Posted on: 3/8 14:04
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Journal Squared's first Jersey City tower will rent from $1,800

Also get a drone’s-eye view of the massive development site

CURBED NEW YORK - by Jan 25, 2017, 5:15pm EST

Just over a week after we saw photos of the nearly-finished first tower at the massive Journal Squared development in Jersey City, we now have pricing info on the project that will bring 538 apartments to the neighborhood. The Wall Street Journal reports that studios here will start from $1,800/month, one-bedrooms from $2,100, and two-bedrooms from $3,200.

More than 50 percent of the units here are one-bedrooms, and a little over 25 percent are studios, according to the Journal. The first of three towers being developed by the KRE Group and National Real Estate Advisors, is part of an overall development that will eventually bring 1,838 apartments to Journal Square along with 36,000 square feet of retail, a public plaza, and restaurants.

http://ny.curbed.com/2017/1/25/143907 ... y-pricing-leasing-kushner


Posted on: 1/26 19:52
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Quote:

Azul_the_Cat wrote:
While not in The Heights, McGinley Sq. is getting a 12 screen theater and premium restaurant space. Whatever that means.

Jersey Digs
mcginley square is not that far from jsq. is there a decent supermarket in/near mcginley square

Posted on: 1/23 16:09
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While not in The Heights, McGinley Sq. is getting a 12 screen theater and premium restaurant space. Whatever that means.

Jersey Digs

Posted on: 1/23 12:09
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Quote:

hero69 wrote:
Quote:

nafco wrote:
Quote:

hero69 wrote:
they could use a high quality supermarket up there....any plans?


I heard theyre getting a Whole Foods
downtown is getting a whole foods, not jsq.


i know. im just trying to start chaos again like that other thread that went on for 12 years.

but in all honesty, i do think its a good location and theres a real dearth for a good supermarket, and even a movie theater could do well there too.

Posted on: 1/23 12:04
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nafco wrote:
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hero69 wrote:
they could use a high quality supermarket up there....any plans?


I heard theyre getting a Whole Foods
downtown is getting a whole foods, not jsq.

Posted on: 1/23 10:09
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hero69 wrote:
they could use a high quality supermarket up there....any plans?


I heard theyre getting a Whole Foods

Posted on: 1/23 9:17
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they could use a high quality supermarket up there....any plans?

Posted on: 1/23 2:50
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Re: Journal Squared Project to Begin
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There are also a few smaller projects about 40 to 130 units going up. Most of these are rentals. I'm not aware of any of these being condos. There's also a micro units building going up on Academy. The micros are really small... I mean small!!

We are trying to put together a deal too for about 120 units.

Off the top of my head I know of four that are either approved or In the process of getting approvals.


Posted on: 1/19 19:51
All Jersey City Real Estate all the time
http://jerseycityrealestate.net/
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Journal Squared’s first Jersey City tower nears completion

Curbed New York - by Jan 17, 2017,

As Jersey City’s skyline continues to transform, a few tall towers have started to rise above the rest. There’s the 780-foot Goldman Sachs tower, which was completed in 2004; Urby Harborside, a cluster of boxy towers; and the Journal Squared complex, which will have 1,800 apartments over three different skyscrapers.

As the first phase of the latter development inches towards completion, Field Condition took a trip across the Hudson River to see how the building is coming along. This particular tower is the smallest in the larger Journal Squared development; it’ll rise just 563 feet and 53 stories when it’s finished, compared to the other two buildings, which will rise 60 and 70 stories.

http://ny.curbed.com/2017/1/17/142990 ... uared-construction-photos


Posted on: 1/17 17:20
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Leasing to begin at Journal Squared in February

NJBIZ  By Andrew George, December 19, 2016 at 12:08 PM

With the first of three residential towers situated next to the Journal Square PATH station in Jersey City now complete, the mixed-use Journal Squared project will begin leasing rental space in February 2017.

Developed by Kushner Real Estate Group and National Real Estate Advisors, the project ultimately calls for 1,838 residential units and approximately 36,000 square feet of retail dining space with direct access to the transit hub.

The now completed 53-story tower will offer 538 rentable residential units. The two other towers will stand at 63 stories and 71 stories, respectively.

Read more: http://www.njbiz.com/article/20161219 ... ournal-squared-next-month


Posted on: 12/19 19:18
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Jersey City's First Journal Squared Tower Close to Topping Out

http://ny.curbed.com/archives/2015/12 ... _close_to_topping_out.php


Posted on: 2015/12/14 12:00
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Journal Square high-rise construction project halted over falling debris

By Ron Zeitlinger | The Jersey Journal
December 11, 2015 at 6:49 PM

JERSEY CITY -- The massive Journal Squared construction project in Journal Square has been temporarily halted after debris fell from the high-rise building this afternoon, Jersey City spokeswoman Jennifer Morrill said.

Pavonia Avenue between Kennedy Boulevard and Summit Avenue, and Homestead Place, between Pavonia and Van Reipen avenues, have been closed until at least tomorrow. The streets will not be reopened until the netting on the 53-story residential high-rise is re-secured, Morrill said.

Read more:  http://www.nj.com/hudson/index.ssf/20 ... ruction_project_halt.html


Posted on: 2015/12/11 19:35
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It's pretty unbelievable that they are all going to be rentals. Does nobody see a market for condos here? There is like zero inventory for sale anywhere downtown.

Posted on: 2015/9/1 18:19
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How are people going to get around this city? I am all for a commuter lifestyle but you have to have the means.


Quote:

bodhipooh wrote:
Quote:

jc201jc wrote:
will the new JSQ towers be rental only? or condos?

any word on when they will be finished / potential pricing?


All of the towers going up in the JSQ area are slated to be rentals.

Journal Squared will be three towers, with about 1800 units.
30 Journal Square will be 525 rental units.
3 Journal Square will be 240 rental units.

Posted on: 2015/9/1 14:23
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jc201jc wrote:
will the new JSQ towers be rental only? or condos?

any word on when they will be finished / potential pricing?


All of the towers going up in the JSQ area are slated to be rentals.

Journal Squared will be three towers, with about 1800 units.
30 Journal Square will be 525 rental units.
3 Journal Square will be 240 rental units.

Posted on: 2015/8/31 16:49
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Good luck getting a seat on the Path if you live anywhere downtown. This will exacerbate an already awful situation.

Posted on: 2015/8/31 16:31
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will the new JSQ towers be rental only? or condos?

any word on when they will be finished / potential pricing?

Posted on: 2015/8/31 13:42
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Going up! Journal Squared construction in Jersey City

By Patrick Villanova | The Jersey Journal The Jersey Journal
on August 27, 2015 at  1:02 PM, updated August 27, 2015 at  2:09 PM

Jersey City's rapidly changing skyline will soon feature one of the state's tallest residential buildings.

In Journal Square, construction is underway on a three-tower residential project that will bring over 1,800 new housing units to the neighborhood.  

Located between Magnolia, Pavonia, and Summit Avenues, just east of the Port Authority transportation hub, "Journal Squared" will include a 54-story tower with 538 units; a 70-story tower with 700 units; and a 60-story tower with 600 units.

http://www.nj.com/hudson/index.ssf/20 ... ruction_in_jersey_ci.html


Posted on: 2015/8/27 14:19
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Chris_NJ wrote:
I rarely walk out of this side of JSQ. Has the work been going on there the last month?


Yes, they've dug out quite an impressive hole and started pilings.

Posted on: 2014/11/21 14:00
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Stringer wrote:
Journal Squared rental towers will bring 1,838 residences to site


Stringer, that rendering is not the Journal Squared project. It is the other megaproject which is still stalled. The article has the correct rendering of the three-tower complex.

Posted on: 2014/11/21 7:48
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I rarely walk out of this side of JSQ. Has the work been going on there the last month?

Posted on: 2014/11/21 5:18
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Journal Squared rental towers will bring 1,838 residences to site

November 21, 2014, 1:21 AM

Jersey City Mayor Steven Fulop joined officials from development partners The KRE Group and National Real Estate Advisors (National) on Tuesday, Oct. 21 to officially break ground on "Journal Squared," a three-tower, mixed-use development adjacent to the Journal Square PATH Station that is expected to fuel the revitalization of the massive transportation hub and serve as the centerpiece of a resurgent urban neighborhood.

Rising at the intersection of Pavonia and Summit Avenues, the new development will comprise 1,838 rental residences and 36,000 square feet of retail and restaurant space in 53-, 60- and 70-story towers – the latter of which will be the tallest residential building in New Jersey. The transformative project will also include a pedestrian-friendly public plaza. The collective elements of Journal Squared will reenergize the City’s largest transportation center and benefit current and future residents, business owners, area employees and commuters.

"This is an exciting day because this is really a game-changer for Jersey City in so many ways," Mayor Fulop said. "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."

Phase I of Journal Squared will be a 53-story building with 538 rental apartments that is scheduled for completion by the end of 2016. Phase II will include 700 rental residences in a 70-story building, while Phase III will feature 600 rental homes in a 60-story building. A total of 920 parking spaces will also be included in the development. The developers will pursue LEED certification for all three buildings.

Read more:
http://www.northjersey.com/real-estat ... idences-to-site-1.1138578

Resized Image

Posted on: 2014/11/21 4:48
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Real estate value around JSQ going UP UP UP and UP!

Posted on: 2014/10/21 16:39
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Developer breaks ground on 'Journal Squared,' tallest residential building in state

By Jonathan Lin | The Jersey Journal
on October 21, 2014 at 2:57 PM, updated October 21, 2014 at 2:59 PM

Game changer. Transformative. Incredible.

These were just some of the words used by Jersey City officials and developer KRE Group at the groundbreaking ceremony this morning for "Journal Squared," a massive, three-tower project at the heart of the city which, upon completion, will boast the tallest residential building in New Jersey.

"This project which we're undertaking today is truly a transformative project -- transformative for this wonderful city of Jersey City, and for the state of New Jersey," said Murray Kushner, KRE Group chairman, before a gathering of about 100 people. "The design, the scale, the scope of this project, and the importance of this project to restoring the historical significance of Journal Square are self-evident."

JJ piece…

http://www.nj.com/hudson/index.ssf/20 ... lopment.html#incart_river

Posted on: 2014/10/21 15:59
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really can't jersey do better than 70 stories when 100 stories is becoming the norm?

Posted on: 2014/8/11 18:43
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(lol it looks like the JJ trolls JCList for news stories)

Construction on Jersey City's massive three-tower residential development begins

By Jonathan Lin | The Jersey Journal
on August 11, 2014 at 1:12 PM

Construction on "Journal Squared," a massive three-tower project that will include the tallest residential building in New Jersey has begun in Jersey City's Journal Square.

The KRE Group project, which is located between Magnolia, Pavonia, and Summit avenues, just east of the Port Authority transportation hub will include a 54-story tower with 540 units; a 70-story tower with 700 units; and a 60-story tower with 600 units. The project received a 30-year tax abatement from the city last November.

Once completed, the 70-story tower is expected to be the tallest residential building in New Jersey, according to Hollwich Kushner's website, surpassing the 55-story Trump Tower Residences in Downtown Jersey City, which opened in 2008.

JJ piece..

http://www.nj.com/hudson/index.ssf/20 ... veloper.html#incart_river



Posted on: 2014/8/11 13:36
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Yes indeed…I went by today (8/2/2014) and sure enough there is a massive 2 story hole excavated on the lot with mountains of dirt next to it. Tractors galore and what looks like black foundation footings. Unless JScare got hit with a meteorite or someone revealed yet another interment spot for Hoffa I would say foundation work on the first tower has begun. The old white Bell Telephone building is still standing but I think that is where tower three is going so I guess there is no rush to take it down.
.
This is the architect’s web site with 7 images.
(they also did 18 Park. I love the seventh image of the JSquare towers via the iPhone)
.
http://hwkn.com/#JOURNAL-SQUARED-J2
.

Posted on: 2014/8/2 20:14
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jcguy05 wrote:
i dont believe it! you mean they actually started building??


And you call yourself "jcguy".

Posted on: 2014/8/1 10:41
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