351 Marin celebrates lease up in JC

After opening leasing last November, by February 2021, 351 Marin in Jersey City had already seen 400 of its 507 residences spoken for. Now, the development team from KRE Group and Northwestern Mutual is celebrating its completion.

On May 12, Jersey City Mayor Steven Fulop joined leadership from KRE and Northwestern to cut a ceremonial ribbon at 38-story 351 Marin in the city’s Powerhouse Arts District, which leased up in five months, according to the development partners.

The Marketing Directors oversees the leasing program at the property at 351 Marin Blvd.

Local dignitaries and development principals celebrated 351 Marin’s milestone at the new 4,500-square-foot landscaped public plaza created by KRE and Northwestern Mutual. The community space features a pavilion and fountain and leads directly into the lobby for 351 Marin and Wattle Café, an Australian-inspired wellness health brand that opened recently.

“When we took office, we really had a pro-development stance because we recognized that a healthy city is a growing city,” Fulop said. “You just need to look around us right here at 351 Marin and there aren’t many cities in the state that can absorb two 50-story buildings going up across the street from each other simultaneously and, at the same time, a crane half a block away creating another building of similar size.

“It speaks to the vibrancy of Jersey City and the special place it is and that people want to live here and do business here and KRE Group makes it very easy for us to be partners,” Fulop continued. “We see a lot of developers come through with a lot of different proposals. The difference with KRE is that when they say they are going to do something, they execute on it and that makes it very easy from an administration side. On behalf of all of us, congratulations and we look forward to more ribbon cuttings in the future.”

KRE Group President Jonathan Kushner said the property continues the company’s long-standing commitment to the city, through developments that provide first-class residences, public amenities and neighborhood retail services near mass transportation.

“We’re proud to have once again delivered a building that has successfully attracted residents to the area at an historic rate while also building on the unique character and energy Jersey City is known for,” he said.

Added Northwestern Mutual Real Estate Senior Director Matt Ascher: “Northwestern Mutual has been making both equity and debt investments in Jersey City for over 25 years and we look forward to continuing to invest in additional iconic assets like 351 Marin.”

351 Marin offers a mix of studio and one- and two-bedroom apartments with open layouts and upscale features minutes from the Grove Street PATH station and the Hudson Bergen Light Rail system, and commuter ferries with service to Manhattan.

The building was designed by Hollwich Kushner and HLW Architects. Among its amenity offerings is a 37th-foor sky lounge with banquet seating, coworking spaces and a tiered theater. Outside a landscaped patio offer vies of the Jersey City and New York City skylines.