A five-story building originally proposed in 2015 for 61-65 Newkirk Street is about to begin construction. The 29-unit project, which was proposed by Newkirk Realty, LLC and is being developed by Manhattan-based Titanium Realty Group and Old City Investment Partners, was approved last May by the Jersey City Planning Board. Old City is also a partner in developments in Baltimore and Brooklyn.
Diego Hodara of Titanium told Jersey Digs that the development recently received a five-year tax abatement, and “we are finally moving forward with the construction of the building”. WDesigne of Peekskill, New York and Hollister Construction Services of Parsippany are partners in the building’s construction, according to Hodara.
The property is located a few blocks away from the Journal Square business district, and lies just around the corner from several restaurants and the Lewis S. McRae Justice Complex. For the past few years, the tract has been a vacant lot with graffiti covering a fence outside of it. Part of the lot used to contain a vacant boarded-up house until it was demolished approximately three years ago.
[gmap height=”250px”]65 Newkirk St, Jersey City, NJ 07306[/gmap]
65 Newkirk St, Jersey City, NJ 07306