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condos, Cool Listings, More Top Stories, New Jersey

All images by DVORA, courtesy of Modern Spaces

A condo in Jersey City has hit the market for $5.488 million, becoming the most expensive penthouse ever listed in the city. The Villa at the Oakman Condominiums at 160 First Street has four bedrooms, four and a half baths, and an incredible split-level outdoor terrace that measures 2,300 square feet and boasts a private heated infinity pool. Completed in 2016, Oakman rises 15 stories, contains 159 units, and is located just a few blocks from the Grove Street PATH station, making for an easy commute to Manhattan.

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History, New Jersey

All renderings courtesy of OTJ Architects

Jersey City has reached a $72 million deal with the operator of the Prudential Center to transform the historic Loew’s Wonder Theatre into a modern 3,300-seat venue. Mayor Steven Fulop on Monday announced a partnership with Devils Arena Entertainment to renovate the nearly 100-year-old theater that once operated as an opulent entertainment destination when it opened in 1929 and was nearly demolished in the 1980s, but was saved by a grassroots preservation effort. The city sees the restoration of Loew’s as part of a broader revitalization of the transit-friendly Journal Square neighborhood, where multiple mixed-use towers are in the works.

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New Developments, New Jersey

One Journal Square, Jersey City, Kushner Companies, Woods Bagot

All renderings by Woods Bagot

After sitting vacant for over a decade, a large site in Jersey City’s Journal Square will soon be home to two 710-foot towers with over 1,700 units of housing. The Jersey City Planning Board on Tuesday approved Kushner Companies’ controversial One Journal Square project, signaling the beginning of the end of this development saga. The approval came after the city and the developer reached a settlement agreement last October over a lawsuit filed in 2018 against the city by Kushner Companies, run by the family of White House advisor Jared Kushner, that claimed officials stalled the project over “anti-Trump” sentiment.

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Cool Listings, New Jersey

Photo credit: Visual Marketing and Design

The Heights section of Jersey City is definitely up-and-coming, with plenty of awesome restaurants and parks, but it’s still more affordable than the Downtown part of town. Case in point, this three-bedroom condo at 209 Hutton Street. It occupies the first floor of a modern townhouse and has three bedrooms, a backyard, and private parking (a rarity even across the Hudson), and it’s asking just $620,000.

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New Jersey

Photo by Vera Davidova on Unsplash

Jersey City Mayor Steven M. Fulop joined the Health and Human Services Department and the Office of Innovation today to announce the city’s #MaskUpJC campaign, which includes mailing masks to all 120,000 households throughout the city. The masks feature five city-branded designs and will arrive in a larger package that includes a letter from Mayor Fulop and a poster.

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New Developments, New Jersey, Rentals

Rendering by Pax Brooklyn

DVORA 175 is a new 148-unit rental building coming to Jersey City, and just like a lot of the luxury rentals springing up in the area, it has a rooftop pool, this one with a “Miami-inspired resort” vibe, according to a press lease. The 14-story building at 175 Second Street is located in what’s known as the Powerhouse Arts District, a section of downtown full of old warehouse buildings. Though pricing has not yet been released, leasing will kick off next month with initial occupancy slated for October.

More on the development here

History, New Jersey

Loew’s Jersey Theatre, Rapp and Rapp, Journal Square theater, Journal Square history, Loew's Jersey City, Loew's Wonder Theatres, Wonder Theatre Jersey City, Jersey City historic theater

All photos taken by James and Karla Murray exclusively for 6sqft.

The historic Loew’s Wonder Theatre in Jersey City is finally set to receive the restoration it’s waited years for. Built in 1929 by architect George Rapp in a gilded, Baroque-Rococo style, the Loew’s Jersey was as a lavish entertainment destination for decades, until it was converted to a triplex movie theater in the ’70s and almost faced the wrecking ball in the ’80s. But through a grassroots preservation effort, the city bought the theater in 1987, allowing the nonprofit Friends of the Loew’s to begin restoration and operate as a nonprofit arts center. Though the group has made incredible progress, a significant amount of work remains. Now, the Wall Street Journal reports that Jersey City Mayor Steve Fulop is searching for a commercial operator to help with the $40 million restoration and modernization effort of the 3,000-seat theater.

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affordable housing, Major Developments, New Developments, New Jersey

Bayfront Redevelopment Project, Cove Pointe, Jersey City, BRP Companies

Rendering of Cove Pointe, community green. Rendering by Minno and Wasko

After receiving approval from the city, last week, developer BRP Companies revealed renderings for their Bayfront Redevelopment Project in Jersey City along the Hackensack River. Located on a former brownfield site, the 100-acre project will be built in phases, eventually resulting in 8,000 units of mixed-income housing (35 percent of which will be affordable), said to be the largest such project in the region. This fall, construction will kick off on the 16-acre first phase, known as Cove Pointe, which will bring 1,092 units of housing, with 382 set aside as affordable and workforce housing.

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New Jersey

Jersey City set to get its first Whole Foods at Harborside

By Alexandra Alexa, Thu, December 26, 2019

Whole Foods Market, Whole Foods, Harborside, Jersey City

Rendering courtesy of Mack-Cali

Whole Foods will be opening its first Jersey City location as part of Mack-Cali’s Harborside development, Jersey Digs first reported. The 47,000 square-foot market will be housed within an existing office building at 286 Washington Street that will be retrofitted to accommodate the popular grocer. Construction hasn’t started yet and an opening date has yet to be confirmed but it will likely be at some point in 2020.

More details

New Jersey, Policy

The Jersey City waterfront, via Pixabay

A big-money battle between Airbnb and the hotel industry may leave small hosts stranded after a decisive vote in Jersey City Tuesday. Voters in New Jersey’s second-largest city faced a referendum on new, beefed-up regulations on short-term rentals intended to limit the reach of Airbnb and other home-stay companies. According to the New York Times, voters overwhelmingly decided in favor of a law that will require owners of short-term rental properties to get a permit from the city, put a cap on the size and number of units that can be used for short term rental purposes, and limit short-stay rentals to a maximum of 60 days a year if the owner is not physically on-site. The ordinance also bars all renters from using their units as short-term rentals.

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