Tag: 701 Newark Avenue
$200 Million Financing Secured for 34-Story Homestead Gateway Tower in Jersey City’s Journal Square
A $200 million structured capitalization commitment has been secured for the Jersey City tower, which will include 360 residences, 90 affordable units, and ground floor retail along an expanded pedestrian plaza.
34-Story Jersey City High Rise Nabs $90 Million Tax Credit
A Jersey Ciy development that includes 90 affordable housing units was granted a state incentive just a few months after getting a tax exemption from Jersey City.
Jersey City Approves 360-Unit Journal Square Project with 30-Year Tax Abatement
Jersey City’s council has approved a 30-year tax abatement for a new 35-story tower in Journal Square, which will include 90 affordable housing units and union labor guarantees.
