Jonathan Kushner pushes Jersey City projects forward

New York /
Nov.November 30, 2013 11:00 AM

 “Business is better than ever,” according to Jonathan Kushner, president of the Kushner Real Estate Group. Kushner currently owns and manages more than 12 million square feet of commercial property in the New York area, but New Jersey has become his latest target.

Kushner has recently begun a full push into northern New Jersey with several new projects, one of which is 18 Park, a 422-unit rental development in Jersey City that is 75 percent complete. Kushner has also recently broken ground on Journal Square, another Jersey City project that is coming in three phases. When the first phase of the 2.4 million-square-foot development is completed it will include a 640,000-square-foot residential tower with 54 floors and 540 rental apartments, according to the New York Times.

“We’re going to continue to grow in New Jersey, Pennsylvania and New York,” Jonathan Kushner told the Times. “The goal is be home every night, so we pretty much stick within 100 miles from Manhattan.” [NYT]Christopher Cameron


Related Articles

arrow_forward_ios
Loew’s Theatre in Jersey City (Google Maps)
Loew’s Theatre in Jersey City set for $72M rehab
Loew’s Theatre in Jersey City set for $72M rehab
Photos courtesy of HAP Investments
HAP Investments unveils new plans for Jersey City high-rise
HAP Investments unveils new plans for Jersey City high-rise
Gold Coast rush: NJ markets pick up in third quarter
Gold Coast rush: NJ markets pick up in third quarter
Gold Coast rush: NJ markets pick up in third quarter
Kushner Companies ends legal battle, resumes Jersey City project
Kushner Companies ends legal battle, resumes Jersey City project
Kushner Companies ends legal battle, resumes Jersey City project
30 Hudson Street in Jersey City and WeWork CEO Sandeep Mathrani (Wikipedia)
WeWork scores big lease at Goldman Sachs’ Jersey City office tower
WeWork scores big lease at Goldman Sachs’ Jersey City office tower
Loew’s Theater at 54 Journal Square Plaza in Jersey City and Jersey City Mayor Steve Fulop (Google Maps, Getty)
Jersey City moves forward with $40M renovation of Loew’s Theater
Jersey City moves forward with $40M renovation of Loew’s Theater
An aerial view and a rendering of The Element at 400 Claremont Avenue (Credit: Google Maps)
Jersey City mixed-use project lands $120M in financing
Jersey City mixed-use project lands $120M in financing
Airbnb lost by a landslide in Jersey City. What went wrong?
Airbnb lost by a landslide in Jersey City. What went wrong?
Airbnb lost by a landslide in Jersey City. What went wrong?
arrow_forward_ios

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

Loading...