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Tag Archives: Jersey City

3 Acres in Jersey City celebrates lease-up

3 Acres in Jersey City leased its more than 600 units in less than six months.

“When we conceptualized 3 Acres, we envisioned a community that provided a hospitality-inspired lifestyle experience that rivaled signature properties along the New Jersey waterfront and in New York City, but at a much more attractive price point,” 400 Claremont LLC Principal Art Johnson said in a prepared statement. “Fully leasing the building in such a short amount of time underscores the appeal of the building and the ongoing growth of the West Side as a new residential destination.”

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Jersey City cuts ribbon on Newark Avenue Pedestrian Plaza

The finished Newark Pedestrian Plaza in Jersey City on July 10, 2022.

“In 2015, we had the vision to maximize this space by creating a pedestrian-friendly plaza and establishing a sought-after shopping and dining destination and overall economic driver that that has since exceeded our expectations,” Mayor Steven Fulop said July 11. “Today’s ribbon-cutting is the final piece to accomplishing a permanent, community-driven pedestrian mall that boosts local business, attracts investment, and most importantly, establishes a premier location to foster community ..."

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351 Marin celebrates lease up in JC

From Left, KRE Group COO Jeremy Kaplan, KRE Group Founder Murray Kushner, KRE Group Partner Jeff Persky, Jersey City Council President Joyce Watterman, Northwestern Mutual Real Estate Senior Director Matt Ascher, Jersey City Mayor Steven Fulop, KRE Group President Jonathan Kushner, and KRE Group Design Director Marc Kushner cut a ribbon at 351 Marin in Jersey City to celebrate lease up of the luxury rental building in the city's Powerhouse Arts District on May 12, 2022.

“When we took office, we really had a pro-development stance because we recognized that a healthy city is a growing city,” Jersey City Mayor Steven 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."

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