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58°
Sunday, dec 29
Tag:
Historic Landmarks
News
Jersey Shore Hotel Demolished For Townhouses
A historic landmark on the Jersey Shore is no more. The White House Hotel was demolished on Monday, Nov. 13 after a judge ruled development could move forward — and multi-unit luxury townhouses are in the plans. Rocco Constantino "It was very sad," said Pat O'Keefe, a trustee with the Belmar Historical Society. "It was an impressive building." Formerly known as the Cochran House, the private Victorian-era mansion dates back to the late 1800s and became the White House hotel around 1930, historical society trustees said O'Keefe drove past the hotel as demolition began but did not watc…
Real Estate
Historic Jersey City Matzo, Tea Factories Redeveloped In $121.5 Million Deal (
Photos
)
A luxury home developer is partnering with a New York City company to develop a Jersey City condominium community located in an area formerly home to the historic Manischewitz matzo factory and Great Atlantic and Pacific Tea Company warehouse. Toll Brothers and Sculptor Capital Management will be developing the 34-story 259-unit building at 151 Bay St., in Jersey City. Located within the Powerhouse Arts District in Jersey City, 151 Bay St. is being financed through a $121.5 million construction loan from Wells Fargo. The development will consist of 259 studio- to three-b…