Jessica Perry // April 18, 2023
Situated in an Opportunity Zone in Jersey City’s West Side neighborhood, a collection of hundreds of luxury rental units is marking a construction milestone as the project moves closer to completion.
Halpern Real Estate Ventures of New York announced the topping out of 49 Fisk St. April 17. According to the firm, the 337-apartment offering is set to launch leasing at year-end, with The Corcoran Group set as exclusive marketing and leasing agent.
The project secured a $65 million construction loan in 2021. JRM Construction Management serves as construction manager.
In a statement, Halpern Real Estate Ventures President and Managing Director of Investments Joel Halpern described the progress as a testament to the hard work and dedication of the team behind it.
“49 Fisk Street will further elevate the residential options available to existing and new residents of Jersey City’s West Side, where significant investment and municipal focus is stimulating the rise of a new destination center,” he said.
Designed by Minno & Wasko Architects and Planners with interiors and amenities curated by The Meshberg Group, the property will incorporate sustainability and innovative technology into its design. According to Halpern RE, the project will include a waste diversion and energy recovery system, rooftop solar panels, electric vehicle chargers and a rainwater collection for irrigation uses. The community will also have open spaces, including a more than 14,000-square-foot landscaped courtyard with green space, an over 18,000-square-foot rooftop with 360-degree views and a garden.
Altogether, Halpern RE said amenities will cover 50,000 square feet of indoor and outdoor space at 49 Fisk St., “crafted from a post-COVID mindset.”
That includes private and public coworking spaces and a hotel-like lobby with interconnected stairway to the second floor for an open entranceway.
With proximity to Route 440, 49 Fisk St. will afford residents access to the New Jersey Turnpike and Routes 1 and 9. Additionally, downtown Jersey City and Manhattan are accessible via the Hudson Bergen Light Rail Station that is a less-than-five-minute walk from the property.