FAA Permits Submitted for 841-Foot-Tall Tower at 30 Journal Square, in Jersey City

FAA Permits Submitted for 841-Foot-Tall Tower at 30 Journal Square, in Jersey City – New York YIMBY

30 Journal Square, image by Morris Adjmi Architects

By: Michael Young 7:30 am on June 28, 2019

Permits have been submitted to the Federal Aviation Administration (FAA) for work on 30 Journal Square, a proposed 841-foot-tall mixed-use skyscraper in Jersey City. Located at the southern corner of Slip Avenue and Bergen Avenue, the project is being designed by Morris Adjmi Architects and developed by Kushner Companies, which acquired the site for $3.575 million in 2013. The permits filed are for work between December 2019 and December 2022, so activity at the site could begin by the end of the year.

Kushner’s website indicates that 30 Journal Square will have 741 residential units, 15,000 square feet of retail space, and nearly 100,000 square feet of office space. A curated sculpture garden will sit on the ground floor. The outside curtain wall features a bold pattern that goes up the entire height, and incorporates what appears to be expansive outdoor balconies on the residential portion. Situated on a hilltop, the tower will give future residents and tenants clear views of the downtown Jersey City skyline, Lower Manhattan, and Midtown, as well as plenty of daylight.

The PATH trains at Journal Square are a five-minute walk from the property. Along with the nearby trio of residential skyscrapers at Journal Square, the construction at 30 Journal Square will help contribute to this isolated section of the Jersey City skyline. The development also sits 91 feet above ground level, which will visually elevate the height of the proposed skyscraper. In addition, these two large projects will revitalize and invigorate this part of the city with more living spaces and new energy.

If the FAA permits are any indicator, work is expected to wrap by December of 2022.

Sentinel Capital Partners becomes latest firm to ink deal at One Vanderbilt

Marc Holliday and rendering of One Vanderbilt

Private equity company will lease entire 51st floor of the office property

By Eddie Small | June 03, 2019 11:45AM

David Lobel’s Sentinel Capital Partners has inked a 15-year lease for the entire 51st floor at SL Green Realty’s One Vanderbilt, the real estate investment trust announced on Monday.

The private equity firm will occupy just over 28,000 square feet overall, and the deal means that the office tower is now 59 percent leased. Construction on the project has reached the 73rd floor, and it should top out in the summer of 2019. The entire 1.7 million-square-foot building is expected to be open by August 2020.ADVERTISING

Other major leases at the building include fellow private equity firms the Carlyle Group and KPS Capital Partners, law firms McDermott, Will & Emery and Greenberg Traurig, anchor tenant TD Bank, and SL Green itself. Chef Daniel Boulud has also partnered with SL Green to develop a restaurant in the building.

Lance Korman and Brian Waterman of Newmark Knight Frank represented Sentinel Capital Partners in the deal, while Robert Alexander, Ryan Alexander, Emily Jones and Alex D’Amario of CBRE represented SL Green.

In January 2018, The Real Deal analyzed the complicated financing of the $3 billion-plus office tower.