Second Street
Second Street
Location: Jersey City, NJProperty Type: For Sale Residential Development
Size: 330,000 square feet
Investment Type: Non-Promoted Equity
Investment Size: $2,500,000
Date of Investment: March 2006
RCG Longview entered into a joint venture with a multi-generational family of builders, which will develop a parcel of vacant land located on the bank of the Hudson River in Jersey City, NJ, with unobstructed views of the Manhattan skyline. The development will consist of 269 “class A” residential condominiums (330,000 sellable square feet), plus above-grade parking and approximately 6,000 sf of ground floor retail space. The property will have luxury amenities such as fitness center with pool, meeting rooms, doorman/concierge, and valet parking.
