Real Estate Weekly
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Residential

NEW DEVELOPMENT: ML House a big hit with renters

SKYLINE DEVELOPERS
Bryant Park newbie filling quickly


ORIN WILF

Skyline Developers announced that ML House, the first and only ground-up luxury rental building in Bryant Park, is 50 percent leased since launching in January 2019.
Located at 1050 Sixth Avenue, ML House features a collection of 62 open-concept residences paired with a suite of lifestyle amenities.
“ML House represents the next step in Bryant Park’s evolution into a thriving live, work, play community,” said Orin Wilf, president of Skyline Developers. “ML House will cater to high-end renters looking to move into an exciting and central neighborhood.”
ML House was designed by Gene Kaufman Architects. It rises 25 stories and features studios to two-bedrooms, some with private outdoor space. The penthouse has a private rooftop overlooking Bryant Park.
The amenities at ML House include a state-of-the-art fitness studio with Woodway treadmills, Peloton bikes, and Precor strength training equipment. A second floor terrace with an adjacent indoor lounge offers a quiet retreat and Luxury Attaché provides residents with concierge services including moving assistance, co-ordination of personal appointments, dining reservations, event planning and more.
Prices range from $3,075 for a studo to $6,450 for a two bedroom. Citi Habitats New Developments is the exclusive agent.

● IRONSTATE DEVELOPMENT / PANEPINTO PROPERTIES
Columbus venture on home straight


70-90 COLUMBUS

90 Columbus in Jersey City has hit the 75 percent leased mark.
More than 400 of the 539 luxury apartments have been rented in the 51-story tower since coming to market in November, according to developers Ironstate Development Company and Panepinto Properties.
The Marketing Directors is oversee the leasing program.
“Like Jersey City itself, 90 Columbus reflects an evolution in the lifestyle experience sought by today’s renter which is centered around the best of city living,” said Michael Barry, president and CEO of Ironstate Development Company.
“We’ve successfully attracted a wide range of residents through great design, an amenity package that delivers both recreational and communal work spaces, and a vibrant location with walkable access to neighborhood dining, retail, nightlife, culture and transportation.”
The new residential tower is the fourth and final phase of The Columbus Collection, a mixed-use offering jointly developed by Ironstate and Panepinto Properties that comprises 1,484 rental residences, a 152-suite Residence Inn by Marriott hotel, an 1,000-space enclosed parking garage, and street-level retail space housing Base Gym and Sprove Market Place.
“The Grove Street neighborhood has evolved into arguably the most exciting neighborhood in Jersey City, with a comprehensive offering of lifestyle attractions that embody Jersey City living,” said Joseph Panepinto, president and CEO of Panepinto Properties.
“90 Columbus enhances the overall setting while placing residents in the very heart of the neighborhood. The extraordinary pace of leasing activity we’ve experienced certainly underscores the value and appeal of that.”
Parisian interior architect Noé Duchaufour-Lawrance and landscape designer Bas Smets embraced nature, color and shapes in a lobby attended by a 24-hour doorman and full-time porters, a two-story communal lounge with a winter garden, and communal workspace, all featuring leafy green plantings.
Residents also have access to a 60,000 s/f outdoor landscaped roof deck with a pool, BBQ grilling stations, sport court, dog run, and children’s play area, and receive free membership to the street-level, 30,000 s/f Base Gym.
Rents start at $2,995 for studios, $2,950 for one bedrooms and $4,120 for two-bedrooms. Immediate occupancy is available.

● STRATEGIC CAPITAL
Closings underway at Shore House


PARK & SHORE

Shore House, a 71-unit “ultra-lux” boutique condominium in Jersey City has commenced closings and initial occupancy is underway.
Strategic Capital, the investment arm of China Construction America, developed Shore House as part of the larger Park and Shore, which comprises two residential buildings with a total of 429 condominiums and a collection of luxury amenities.
The waterfront development, located on North Park in Newport, is the first condominium development in the area in nearly a decade.
Park and Shore are nearly 70-percent sold and the fastest-selling new development in Jersey City.
“We are thrilled to welcome the first residents to Shore House,” said Phillip Gesue at Strategic Capital. “Shore House signifies a unique opportunity in Jersey City, and the development has captivated the community with its impeccable design and one-of-a-kind views.”
Designed by Woods Bagot, the boutique seven-story, 71-residence building is inspired by the lofts of Tribeca and offers an industrial aesthetic. Oversized windows showcase views of the Hudson River and Manhattan skyline.
Park and Shore features a full suite of shared amenities, including an Olympic-size swimming pool, wine-tasting lounge with private dining room, putting green, children’s play area, co-working lounge, and Sky Lounge with a chef’s table, terrace, and views of the New York skyline.
Shore House residents also enjoy exclusive access to their own landscaped rooftop and fitness center.
Shore House is at the heart of community amenities including Newport Green, a 4.25-acre park with the only urban beach on the Hudson River, a 17,000 s/f playground, 30,000 s/f turf field, and a boardwalk.
The Hudson River Waterfront Walkway provide direct pedestrian access to Hoboken and the Newport Centre Mall River Market and PATH station are all nearby.
The development was constructed by Plaza Construction.
Pricing for remaining one-bedroom homes starts at $775,000 and sales for Park and Shore are being handled exclusively by The Marketing Directors.

● T. GARY GUTJAHR / J. GORDON GUTJAHAR
Ironbound rental opens for business


325 FERRY STREET

325 Ferry Street, a new collection of 91 luxury rental residences in Newark’s North Ironbound neighborhood, is now open for leasing.
Developed by T. Gary Gutjahr and J. Gordon Gutjahr, the property delivers 91 residences and street-level retail that will soon be occupied by a 5,000 s/f sports bar, a Neapolitan Express Pizzeria, and a pet grooming salon.
Two-bedrooms offering up to 1,116 s/f are priced from $2,317. Units have open floorplans and walk-in closets in both bedrooms. Many include two outdoor balconies.
The energy efficient apartments will be serviced by GIGXERO unlimited gigabit internet, enabling residents to use multiple devices, stream television or videos, work from home, play games and enjoy a superior internet experience through the provider’s data network.
Units have 9 ft. ceilings, expansive windows with opaque shades in living areas and room darkening shades in bedrooms, fully-insulated double walls and solid core doors, designer vinyl plank flooring, and ceramic tile in kitchen and baths.
A full washer and gas dryer, high-efficiency air conditioning and gas heating furnace, and bedroom walk-in closets with shelf and rods are included .
Amenities include a fitness studio, lounge and outdoor patio with picnic area, fire pit and games.
Secure, covered parking and surface parking will be available to residents, as well as electric car charging ports.
Coldwell Banker New Homes is the exclusive marketing and leasing agent.

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