You are cordially invited to attend ReelAbilities: The New Jersey Disabilities Film Festival presented by Rutgers University’s Edward J. Bloustein School of Public Policy, NJTIP @ Rutgers, and Goodwill New York/New Jersey on Monday, November 17. Please see the invitation below for more information.
Water’s Edge at Harrison, a luxury waterfront rental community located in Harrison, has opened for leasing in October, officials from developer BNE Real Estate Group announced Wednesday.
Located at 301 Dey Street, the 141-unit apartment complex will overlook the Passaic River in a waterfront corner of Harrison.
“We designed Water’s Edge to offer a complete lifestyle experience for our residents, one that is not only easily accessible by mass transportation, but also feels private and personal,” Kristina Hedden, vice president of marketing for BNE, said in a prepared statement. “This community raises the bar for the echelon of luxury that Gold Coast renters have come to expect, at a price point that is much more affordable than what is currently being offered in Hoboken and Jersey City. Here, our renters can have their cake and eat it, too.”
Residents of the complex will have a commuter-friendly atmosphere by being located within close proximity to Route 280 and the New Jersey Turnpike. They will also have access to complimentary shuttle service to the nearby Harrison PATH station.
“Harrison is undergoing a tremendous renaissance and we are thrilled to be a part of it,” Jonathan Schwartz, senior vice president of BNE, said in a prepared statement. “Water’s Edge reflects our commitment to creating innovative, well-thought-out residences in strategic locations near mass transportation that meet the needs of today’s sophisticated renter. It is a significant new addition to this emerging neighborhood along the Passaic River, and the demand for this new building has been extremely strong.”
By Emily Bader
September 25, 2014 at 11:15 AM
As several developers were planning redevelopment projects in Harrison, BNE Real Estate Group got an early glimpse of the town’s potential as a rail-anchored urban hub.
In partnership with Roseland Property Co., the firm opened 176 condominiums along the Passaic River between 2007 and 2008. Those units sold out — catering to commuters who use the nearby PATH station — but the ensuing real estate downturn caused BNE to shift to rental units for its next phase.
And once it had redesigned its project and obtained new approvals, the time was right.
“Time was in our favor, because obviously the market was only improving,” said Jonathan Schwartz, senior vice president of BNE Real Estate Group.
By Joshua Burd
October 21, 2014 at 11:52 AM
The project, which will include two 52-unit luxury apartment buildings, is among the latest in the town’s long-running plan to redevelop its blighted industrial waterfront. It will sit at 221 Bergen St., just a few blocks from the PATH station that is the cornerstone of efforts to create a rail-served urban community there.
Hampshire and CrownPoint gathered in Harrison last week for an official groundbreaking ceremony for the project. They were joined by local officials and project investors, including Jeffrey Sica of Circle Squared Alternative Investments.
“Born of industrial roots, there is a modern community emerging right here in Harrison as the town’s urban infrastructure is being transformed into vibrant neighborhoods,” James E. Hanson II, Hampshire’s CEO and president, said in a prepared statement.
The two Morristown-based developers have tapped Feinberg & Associates P.C, a multidisciplinary architectural firm, to design the two residential buildings.
The effort to redevelop the 1.3-square-mile town goes back some 15 years, and local officials have had to endure massive environmental cleanup projects, the Sept. 11 terrorist attacks and the recession. That has resulted in a handful of new projects and active construction in recent years, as some of the rundown warehouses have slowly been replaced by new residential and commercial complexes.
But stakeholders have said construction is picking up. Two projects that would bring another 543 high-end apartments to the area are nearing completion, and nearly 720 more are just underway or expected to break ground within the next six months, including the CrownPoint and Hampshire project.
“Having spent 15 years in Harrison, I know firsthand the dedication and hard work that has gone into the revitalization of what once was the Beehive of Industry,” Jeff Milanaik, CEO of CrownPoint Group, said in a prepared statement. “Today we begin a new project and take one more step in achieving our vision for the town of Harrison.”
By Joshua Burd
October 13, 2014 at 1:53 PM