Stamford, CT
Eastside Commons
East Main Street and Lafayette Street
The sales office opened earlier this year for the 112-unit condominium community. Prices for the one- to three-bedroom units start in the mid-$400,000s; 11 of the units will be reserved for middle-income buyers. Groundbreaking was slated for last month. Developer Hannah Real Estate Investors also planned to begin construction in February on Glenview House, a 150-unit rental complex. Sales for Eastside Commons are being handled by William Raveis Real Estate. Contact: www.liveateastside.com.
Hoboken, NJ
Garden Street Lofts
Garden Street and 14th Street
Developer Bijou Properties has begun construction for the seven-story, 30-unit condominium conversion of the 80-year-old former Coconut Building warehouse. The green building will be the first residential development along New Jersey’s Hudson River waterfront to receive silver LEED certification, according to the developer. Units will range in size from 1,100 to 2,300 square feet, with prices starting from the $600,000s. Sales were slated to open in late February. Architectural firm Sharples Holden Pasquarelli (SHoP) designed the project, which will also include 8,300 square feet of ground-floor retail space. Initial occupancy is scheduled for April 2008. Contact: www.gardenstreetlofts.com.
Jersey City, NJ
154-158 Steuben Street
Construction is under way for the seven-story, 18-unit condominium by TreeTop Development and Fields Development Group. Sales are expected to begin in April for the one- and two-bedrooms, which range in size from 700 to 1,050 square feet. The project will include seven on-site parking spaces. The Developers Group is the exclusive sales and marketing agent. Contact: www.treetopdev.com.
Sales update
Hoboken, NJ
Adams Square
501 Adams Street
A new three-bedroom model home has opened in the 59-unit condominium conversion. One- to three-bedroom units range in size from 612 to 1,600 square feet, with prices starting at $495,000. The Marketing Directors Inc. is the exclusive marketing and sales agent. Contact: www.adamssquare.com.
Jersey City, NJ
The Beacon
50 Baldwin Avenue
The 315 units in the $350 million project’s first phase were 85 percent sold as of early February; sales had begun in October 2005. Contracts signed include the highest purchase price paid to date for a high-rise condominium residence in Jersey City, according to developer Metrovest Equities. The two-story, three-bedroom, 3,195-square-foot penthouse with 2,100 square feet of outdoor space sold for $2.3 million. Occupancy is scheduled for June. Construction has also begun on the third building in the complex, the Mercury, which will begin sales in May and is scheduled to see its first residents in spring 2008. Contact: www.thebeaconjc.com.
Jersey City, NJ
Liberty Harbor
Jersey Avenue
The mixed-use community’s first phase of 215 homes was 60 percent sold as of early February, four months after the start of sales. Prices start in the mid-$300,000s. Initial occupancy is slated for spring 2007. The Marketing Directors Inc. is the exclusive marketing, sales and leasing agent. Contact: www.libertyharbor.com.