Ground Broken for 99 Hudson Street, Jersey City, To Be New Jersey’s Tallest Tower

Cindy Xu of China Overseas America (in blue) and Jersey City Mayor Steven Fulop (to her left) at the groundbreaking for 99 Hudson Street.
Comments (2)
  1. Joe says:

    Plaza Construction is now owned by China Construction America (a sub of a state-owned construction company), the same company behind the controversial and bankrupt white elephant known as Baha Mar. I’d be curious to know more about the financing behind this.

  2. Gin says:

    When it comes to commercial properties, a bankrupt property does not have recourse to the company behind it. The company could do very well while some of its properties go to bankruptcy due to poor performance. Thus, there is probably nothing interesting you can find from this project’s financing.

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