This week, development partners Kushner Real Estate Group and National Real Estate Advisors celebrated the opening of the second rental skyscraper at Journal Squared. Located at 537 Summit Avenue in Jersey City, the new 68-story tower is 754 feet tall and includes 704 residences.
Journal Squared Tower 2 also introduces approximately 70,000 square feet of amenity space into the expanding complex. This includes several lounges and coworking spaces, a fitness center with yoga and group studio spaces, an indoor block wall, and a personal workout room. Outdoor amenities include the Sky Lounge on the top floor offering bench seating, a large formal dining room, lounge and co-working spaces, in addition to a rooftop terrace with fire pits and barbecue stations.
Additional services include a package concierge, covered parking and a fenced dog park. Combined with Journal Squared Tower 1, the total amenity space hovers around 100,000 square feet.
“Building on the success of the first phase of this project, we are delighted to offer this dynamic city the next phase of luxury living,” said Jeffrey Kanne, President and CEO of National Real Estate Advisors. “Our goal is always to improve any market we enter and we believe Journal Squared is at the forefront of modern city living and will be a great addition to the Jersey City community. “
Designed by HWKN Architects with Handel, the units available range from studios and micro-studios to three-bedroom floor plans. There is also a collection of one bedroom homes with unique lounging areas. The design team also includes Christopher Stevens Interiors, who has outfitted the apartments with designer light fixtures, modern kitchens with stainless steel appliances, white quartz stone countertops, and gleaming cabinetry.
Kushner Real Estate Group and National Real Estate Advisors have again engaged The Marketing Directors as their exclusive marketing and leasing agent. To date, the building is over 50 percent leased and initial occupancy is underway.
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