Building is now underway on the second part of Bay 151, a multi-building residential complicated in Bayonne, New Jersey. Positioned at 151 Centre Avenue, the three-phase growth will introduce over 600 leases, 15,000 sq. ft of indoor and out of doors amenity house, and 10,000 sq. ft of retail house.
Designed by Minno & Wasko Architects and Planners, residences all through Bay 151 vary from studios to three-bedrooms, lots of which embody non-public balconies. This newest part particularly contains the development of a four-story rental constructing that may comprise 213 flats. Part certainly one of growth included a 200-unit rental property that’s now greater than 85 p.c occupied.
Part three is predicted to be accomplished by late 2021.
“We’re very excited to start development of the second part of Bay 151, which has shortly confirmed to be certainly one of Bayonne’s most in-demand residential developments,” stated Jonathan Kushner, president of Kushner Actual Property Group, which is answerable for the brand new growth. “Since launching leasing efforts in Could, Bay 151 has welcomed plenty of new residents, lots of whom hail from New York Metropolis, searching for extra space, sturdy facilities, and entry to public transportation—all at a beautiful worth level.”
On-site facilities embody an outside deck with eating space, grilling stations, and a big swimming pool. Indoor communal facilities embody a state-of-the-art health middle, a library, co-working house, a number of lounges, a billiards room, a media room, an indication kitchen, and a youngsters’s playroom. Residents will even have entry to an enclosed parking construction, a automotive wash, and complimentary shuttle service to the Grove Avenue PATH station.
The Advertising Administrators have been retained because the unique leasing and advertising staff for Bay 151. Accessible studios accomplished within the first part of growth are priced starting at $1,750 per 30 days. Pricing has not but been launched for the forthcoming residences at Bay 151.
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