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A Kushner development that took years to get off the ground is now rising on a long-vacant parcel right next door to one of Jersey City’s PATH stations.
The Long Island-based company, who plan to build six high-rises in the Journal Square neighborhood, recently hit a milestone on dueling 27-story developments that will add 667 residences to the area.
The Jersey City mega project, which includes a new public plaza, will feature two 64-story towers and has already reached a retail deal to bring a Target to the ground floor.
SCALE Lending recently announced the closing of a $96 million combined construction and land loan in Journal Square, Jersey City.