Located at 615 Pavonia Avenue, the 53-story building rises 563 feet and is one of the most visible new construction projects in New Jersey and probably the entire New York City area. It is easily visible from many parts of Hudson County, but also from Manhattan’s West Side. Its design is a joint effort of Hollwich Kushner and Handel Architects. KRE Group and National Real Estate Advisors are the developers.
“Today is more than just the opening of a new building,” KRE President Jonathan Kushner told the crowd at the ribbon cutting. “It’s a family affair.” He described the building as “unique” and “so relevant and fitting for its time and place.”
Both Kusher and Jeffrey Kanne, president and CEO of National Real Estate Advisors, also spoke of the construction workers who actually built the structure. Kanne said jobs like theirs, sitting in an office, are “nothing compared to hanging off a building.”
Jersey City Mayor Steven Fulop said there has been talk of new investment in Journal Square for the past 20 years, but it’s finally here.
“We’re slowly building a skyline that will rival any city in the country,” he told YIMBY. “It’s something to be proud of.”
Journal Squared’s first tower holds 538 apartments, ranging from studios starting at $1,850 to three-bedrooms starting at $4,200. Christopher Stevens is responsible for their interior design and the Marketing Directors is handling leasing.
There are 10,000 square feet of amenities including a 24-hour concierge, “Club JSQ” on the eighth floor, a library, an outdoor swimming pool, a fitness center, a yoga studio, a billiards room, and a children’s playroom. Then there’s the “Sky Lounge” on the 53rd floor, an observatory with a panoramic view of the Manhattan skyline, plus a retractable movie screen with stadium seating.
Journal Squared is located right next to the Journal Square Transportation Center, with access to the PATH trains and buses. Commuters will barely have to step outside.
Eventually, Journal Squared will bring 1,838 units to the neighborhood. Groundbreaking should happen for tower 2, which will rise 70 stories, later this year. Tower 3 will rise 60 stories and be constructed after that.