2014-05-29



via citybizlist.com

New 11-Story Building Features 422 Residences, Modern Amenities And Stunning Views of the Manhattan Skyline, Statue of Liberty and Hudson River Waterfront

Two prominent real estate development companies that have helped shape the Jersey City landscape with signature residential properties have jointly brought to market a new luxury rental building that features modern design, exceptional amenities and an ultra-convenient downtown location.

Kushner Real Estate Group (KRE) and Ironstate Development Company, who previously teamed up for the successful development and lease-up of 225 Grand, announced today the launch of leasing at 18 Park, an architecturally-distinctive 11-story building featuring 422 residences and 10,500 square feet of ground floor retail space in Jersey City’s Liberty Harbor North neighborhood.  A collection of oversized studios and well-designed one- and two-bedroom homes feature sweeping views of the Hudson River, Statue of Liberty, Ellis Island and downtown Manhattan, with select residences offering terraces.  Several of the homes are built “townhome style,” with direct access from the street. Monthly rental prices range from the $2,200′s to $4,000.

The Marketing Directors, which has successfully directed marketing, sales and leasing programs for numerous KRE and Ironstate Development Company properties, including 225 Grand, 50 Columbus and Grove Pointe in Jersey City, is 18 Park’s marketing and exclusive leasing agent.

“Jersey City has become a destination for people of all ages who want to live in a dynamic, transit-oriented urban environment, so lifestyle was an important focus for us when we were planning and developing this property,” said Jonathan Kushner, President of The KRE Group. “18 Park’s enviable location near shops, restaurants, nightlife and numerous mass-transportation options, including the Grove Street PATH Station and Hudson Bergen Light Rail, makes it the ideal setting for the type of living experience we wanted to deliver to our residents. The building’s modern residences and amenities complement the neighborhood appeal, making 18 Park the most exciting new rental offering in Jersey City.”

Designed in collaboration between Hollwich Kushner (HWKN) Architects and Minno & Wasko Architects and Planners, 18 Park’s glass-and-brick design was driven by an effort to create an instant classic within the Liberty Harbor North neighborhood.  The building’s C-shape design maximizes views to the adjacent marina and Hudson River waterfront while creating an elevated landscaped outdoor deck with a planted green garden roof for residents to share.

An exciting suite of amenities, which have been furnished by Christopher Stevens, include a 24-hour doorman, contemporary lobby with a 25-foot wooden wall fabricated by John Houshmand, full-service fitness center, outdoor swimming pool, game room, children’s playroom, catering kitchen and dining space, Wi-Fi lounge, screening area, dog run, bike room, private storage space and an enclosed parking garage.

The building will also be home to the new Boys & Girls Clubs of Hudson County.  The state-of-the-art facility will be independently accessed and will include a spectacular gymnasium with a floor-to-ceiling glass wall as part of its programmed space.

“We’re delighted to introduce 18 Park to Jersey City and to see our vision for this community become a reality,” said David Barry, President of Hoboken-based Ironstate Development Company.  “People from throughout the region are drawn to live in Jersey City, and what drives us as a company is creating developments that creatively address how people want to live in the 21st Century.”

18 Park was carefully designed in an environmentally-friendly manner to meet LEED Certification, as well as Feng Shui principles set forth by Feng Shui Manhattan.

For more information on 18 Park or to schedule an appointment to tour the furnished model residences, call 201-451-0018 or visit www.18Park.com.  The onsite Leasing Office is located at 18 Park Avenue, Jersey City, NJ 07302

About Kushner Real Estate Group

Headquartered in Bridgewater, NJ, KRE Group is one of the largest privately held diversified real estate companies in New Jersey. It owns and manages more than 6,000,000 square feet of office, warehouse and retail space. It also has a multi-family portfolio which exceeds 9,000 existing apartments, with an additional 7,000 in various stages of approval and construction. For more information, visit the company’s website at www.thekregroup.com.

About Ironstate Development Company

Ironstate Development Company is one of the largest privately held real estate development companies in the Northeast. Based in Hoboken, New Jersey, Ironstate engages in the development and management of large-scale mixed-use projects and has a diverse portfolio of residential and hospitality assets. Additional information on Ironstate Development Company is available on the Company’s website at www.ironstate.net.

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