NJ’s tallest rentals to debut this spring

New York /
Dec.December 14, 2010 09:21 AM

The leasing office at Monaco — Jersey City’s latest new residential tower and the tallest rental building in New Jersey — is slated to open in February, development team Roseland Property, Garden State Development and Hartz Mountain Industries has announced. The 523-unit, 50-story project consists of two towers designed by SLCE Architects, which are scheduled for completion in early spring, when they’ll eclipse the LeFrak Organization’s nearby Towers of America complex as the tallest rentals in the state. Amenities include a 24-hour concierge and valet service, fitness center, theater and a heated outdoor pool and landscaped sundeck. Rents will range from $1,600 for a studio to $5,300 for a three-bedroom penthouse. “Monaco was the last building financed in 2008 before the economic downturn,” Carl Goldberg, a partner at Roseland, noted. “The [rental market] on the Gold Coast has been particularly strong since the for-sale market began struggling, and already we have accumulated a large list of prospective residents.” TRD


Related Articles

arrow_forward_ios
Jeff Bezos and the Jersey City office property (LoopNet, Getty)
Amazon scraps 400K sf Jersey City office deal
Amazon scraps 400K sf Jersey City office deal
Amazon eyeing 400K sf office in Jersey City
Amazon eyeing 400K sf office in Jersey City
Amazon eyeing 400K sf office in Jersey City
99 Hudson Street in Jersey City, NJ (99 Hudson Living)
$4.4M condo sale breaks Jersey City record
$4.4M condo sale breaks Jersey City record
Greg Fowler bought 10 Clapboard Road, CT and Amir Ben-Yohanan bought 150 and 154 Belmont Ave. in Jersey City (FPAMF, Realtor, West of Hudson Properties, Google Maps)
Multifamily assets sell for $41M in Fairfield County, $21M in Jersey City
Multifamily assets sell for $41M in Fairfield County, $21M in Jersey City
Birch Group President Mark Meisner and 101 Hudson Street in Jersey City, NJ (The Birch Group, Google Maps)
Birch Group paying $380M for large Jersey City office
Birch Group paying $380M for large Jersey City office
Mayor Steven Fulop (Getty, iStock)
Jersey City to provide up to $10K more rent relief per tenant
Jersey City to provide up to $10K more rent relief per tenant
Mayor Steven Fulop (Getty, iStock)
Jersey City mulls stricter building inspections after Surfside collapse
Jersey City mulls stricter building inspections after Surfside collapse
Hartz Mountain Industries CEO Leonard Stern and 235 Pinelawn Road (Google Maps, Hartz Mountain)
Warehouse developer accused of violating “Long Island First” policy
Warehouse developer accused of violating “Long Island First” policy
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...