LeFrak Commercial and Newport Associates Development Co. announced the signing of eight new retail leases in Newport, including Solaz, a new Mediterranean restaurant with a bar and three golf simulator suites, which signed the largest retail lease, a 10,640-square-foot space at the Pacific residential building, set to open in 2025. - PROVIDED BY LEFRAK
LeFrak Commercial and Newport Associates Development Co. announced the signing of eight new retail leases in Newport, including Solaz, a new Mediterranean restaurant with a bar and three golf simulator suites, which signed the largest retail lease, a 10,640-square-foot space at the Pacific residential building, set to open in 2025. - PROVIDED BY LEFRAK
Kimberly Redmond//May 10, 2024//
The retail lineup at Jersey City waterfront community Newport is growing.
In a May 9 press release, LeFrak, the developer behind the transformation of Newport, and the Newport Associates Development Co. announced signing eight retail leases in recent months.
The new agreements total 27,000 square feet and span multiple buildings in the live-work-play neighborhood.
Boutique recreation studio PingPong, high-end dog spa Pawsome and Stylebegin Barbershop also took spaces at Newport, LeFrak said.
Ray Kawas, director of commercial leasing for LeFrak, commented, “Newport continues to be a prime destination for shopping, dining and entertainment in one of the nation’s most successful masterplanned communities.”
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“We pride ourselves on bringing national, regional and local businesses into our retail spaces, as our true downtown experience wouldn’t be the same without a great mix of both established and emerging concepts. We’re thrilled that tenants like PingPod, Roast’d Coffee and Efi’s Gyro recognize the value of establishing a footprint in this vibrant, thriving neighborhood,” Kawas said.
Spanning 600 acres along the Hudson River, Newport consists of 15 residential buildings and eight state-of-the-art office towers that provide 8 million square feet of space for major companies.
In addition to waterfront and skyline views and easy access to New York City, Newport is sought for its lifestyle amenities. That includes the sports and wellness offerings at Newport Swim & Fitness, shopping at Newport Centre Mall and The Newport River Market, recreation at Newport Green and year-round community programming.
The new lease signings come as LeFrak continues to add engaging offerings for the community, like seasonal pickleball courts and the annual Newport Skates ice rink pop-up. It also recently introduced a partnership with Envoy. The sustainability-oriented electric vehicle-sharing platform provides Newport residents with exclusive car-sharing benefits, such as access to a dedicated Tesla fleet located on-site in Newport.
Editor’s note: This story was updated at 5:21 p.m. ET May 10, 2024, to note the total number of new retail leases is eight.