A company whose co-founder’s family is no stranger to development and politics is behind a proposal for a massive new Downtown Jersey City high-rise.
A legal notice shows that KRE Acquisition Corp., an affiliate of the Kushner Real Estate (KRE) Group, has submitted plans to construct a development at 351 Marin Boulevard in Ward E. Located across from Hudson Hall, the property stretches from 1st to Bay Streets and has housed Avel Autoworks, Budget Car Rental, and Akian Auto Works.
Now, should KRE’s plans continue to move forward, the site would contain a building with 507 residential units. In addition, the complex would feature nearly 8,000 square feet of commercial space, 203 parking spaces, a 4,500-square-foot outdoor plaza, and amenities decks on the seventh and eighth floors.
The exact number of floors that the building would consist of is not stated in the notice, nor is it mentioned if any “affordable housing” would be included. Updated renderings that are featured on the website of Jersey City-based LWDMR Architects show plans for a building that is at least 30 stories tall and include outdoor terraces, but it is not clear whether those renderings are still valid.
The KRE Group’s landscape architect was set to present the plans in May to the Harsimus Cove Association community group. The notice, which was issued on September 14, shows that the Jersey City Planning Board is now scheduled to hear the plans during its meeting this Tuesday, September 25, at 5:30 p.m. KRE is seeking Preliminary and Final Major Site Plan approval for the project, along with variances such as minimum glass on the ground floor storefront, sidewalk width, and maximum signage.
Based in Somerset County’s Bridgewater Township, KRE was co-founded by Murray Kushner, the uncle of Jared Kushner. The company is behind several projects in Jersey City, including 18 Park and Journal Squared.
What a disaster this construction will be. Does anyone in JC give a shit anymore?
As if that stretch of Marin isn’t busy enough. Hasn’t JC learned its lesson, not to do deals with the Kushners anymore.
This is not the same Kushners you think of. They don’t associate with Jared…
Jared’s company does NY business while his uncle’s company does NJ business. I would not say they are not related.
Well that’s actually not true at all. 65 Bay is owned by Jared company. And One JSQ is too. Along with 30 JSQ and etc.(in NJ) Journal Squared owned by KRE do not keep in touch with that Jared side. As far as I know, they don’t even speak …
In terms of what KRE has done for JC is a lot! First to build anything in Journal Square! And they keep building. This company is a GEM for Jersey City!
One thing is certain the Kushner’s have made JC a far better place than it ever has been. Both factions recognize the opportunity and have siezed the moment. I’m not sure they are politically favored and are being given and un warranted hard time,
That area is about to become a much worse traffic nightmare…
What happened to Historic Downtown. History is going down the drain with these freaking buildings.
Amazing building. Great location for it.
This is an awful proposal in an over-crowded area. This block has height restriction for new development. What did they pay to have the city make this exception? It has to be voted down.
This is the center! Right by Grove street, all the shops, all the restaurants, Mall near by, and connects to Holland tunnel. of course there are people there, and is the reason to keep developing it! It’s a desirable area 100%. People want to live there. It’s not a place for a old, body shop …
Thank you Val Kushner!
Lmao. Ok… Just a neighbor…
The max building height for this area is 398 feet. this proposal is about 406 ft. It will probably be tweaked to match the height restriction or get an exemption, but it really isn’t far off from what’s allowed.
I am a resident in powerhouse district.
I am happy about these kind of development.
More people means lower property taxes.
And more shops, more restaurants, more cafes, more grocery stores are all good for local residents.
I’m just reading this now. It’s the 26th. Would have been nice to have received this before the meeting. Does anyone know what happened at the planning board mtg.
Would welcome a lot more new high rise buildings in Jersey City Downtown. To mimic NYC, we need much much higher high rises than what we currently have. The huge parking space next to Trump building is great avoid to fill!! Hope someone builds 1,500 ft tall building there….