Tag: kushner companies

After years of delays and legal wrangling, Jersey City’s planning board has greenlit a 1,723-unit development from Kushner Companies that looks to begin construction by mid-spring.

The company has officially submitted new plans for the 1,723-unit mixed-use project, which has been redesigned and will be built in two phases near the neighborhood’s PATH station.

Last night, Jersey City's Redevelopment Agency greenlit a settlement that ends years of litigation with Kushner Companies and advances a long-stalled high-rise forward.

Extell Development has sold their ownership stake in the luxury development that the companies jointly built on previously vacant beachfront property.

The planning board has authorized plans from Kushner Companies that eliminates four floors of office space from the development.

The development, also known as the third phase of the Pier Village expansion, will deliver 245 beachside condominiums to Long Branch.

The city will fork over $137,000 in fees to several defendants and has a slew of litigation against them that could get expensive over the coming months.

An appeals court ruled that an affordable housing contribution made to the city by a former developer doesn't have to be returned despite the project never getting built.

The Jersey City Redevelopment Agency sent a letter to KABR and Kushner Companies informing them that a tax abatement and redevelopment bonds on the project are in jeopardy.

Financial delays and politics put One Journal Square in limbo. But a new investor and political meetings promise to bring the project back to life.