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Downtown/Hoboken

Real Estate
$70M Land Deal Finalized For Jersey City Redevelopment Project $70M Land Deal Finalized For Jersey City Redevelopment Project
$70M Land Deal Finalized For Jersey City Redevelopment Project A Jersey City redevelopment project is one step closer to breaking ground since the $70 million land sale was finalized last month. Represented by GRID Real Estate, The Albanese Organization is planning on bringing 670 residential units to the 1.83-acre parcel at 286 Cole St., which had previously been included in Hoboken Brownstone Company’s redevelopment project. Groundbreaking is set for Q1 of 2023. "The Albanese team has designed a world-class mixed-use property that will be a welcomed addition to the Downtown/Hoboken residential market," says Bob Antonicello, of Grid Real Es…

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by Cecilia Levine