The Real Deal New York

Kushner plans 40-story tower on former Jersey Journal site

When finished, Jersey City building will hold 525 apartments

March 14, 2014 12:27PM

journal-square

Rendering of 30 Journal Square in Jersey City, N.J., and its current state (Inset: Jared Kushner)

Kushner Companies and the KABR Group have released renderings for the planned conversation of the former Jersey City headquarters of the newspaper Jersey Journal. The property is slated to be turned into a 40-story tower holding 525 apartments.

The developer acquired the five-story, 101-square-foot building at 30 Journal Square in recent months, the blog New York Yimby reported.

A spokesperson for Kushner told The Real Deal that the building was purchased for $2.5 million.

Douglas Elliman served as the broker. The tower will step down toward the iconic structure, according to designs from architect Ismael Leyva.

The Jersey Journal, Hudson County’s 147-year-old daily newspaper, relocated to a new office in Secaucus in January. [NY Yimby]Mark Maurer

  • karlos

    wrong kusher you fools

    • mm@therealdeal.com

      This project is featured on the website of Kusher Companies, which is led by Jared Kushner.

  • http://www.batman.com BobthePlunger

    These kids these days…

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