Work Begins at 87 Newkirk Street in Jersey City’s Journal Square
On May 8, 2018Jersey City Mayor Steven M. Fulop joined representatives of Namdar Group to break ground on a new 15-story tower at 87 Newkirk Street in Jersey City’s Journal Square neighborhood.
Owned and developed by Namdar, the building will comprise 132 residential units, 25,000 square feet of shared office space, and 1,500 square feet of retail space.
The project represents the first Jersey City development for the Namdar Group, a privately held real estate investment firm based out of Great Neck, New York.
“Namdar Group strategically invests in markets that have significant growth potential, and Jersey City – particularly the Journal Square neighborhood – certainly fits that criteria,” stated Effy Namdar of Namdar Group. “We’re extremely excited to embark on our first project here, and we would like to thank Jersey City leadership for supporting our vision.”
The project team includes C3D Architecture as the Architectural Team, Severud and Associates as the Structural Team and KEA as the MEP engineers.
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