This hasn’t been reported anywhere else. Went to a public meeting on May 7 where this was presented. This project would be 50 floors, 840-1,000 units, with 220 to 250 of the units income-restricted and subsidized by the market-rate units. No car parking but it will have substantial bike parking. Next door in the existing 10-story warehouse, two floors would be set aside for a public elementary school, and two floors for artist studios.
That building looks great. But that school location…so they’re planning an elementary school on top of a brewery, weed dispensary, and a bar? Interesting choice.
I also thought they renovated several floors of 150 Bay to be a dorm for Nyack College. Is that going to be removed?
This looks fantastic! Also I love that dashboard of downtown with all the approved/under construction buildings. Anybody know if there’s a way to access something like that publicly?
It’s the densest part of JC and one of the densest neighborhoods in the US. There are going to be a lot of uses in close proximity in a neighborhood this dense. 150 Bay St is huge, almost 2/3 of a city block, and the dispensary will be all the way around the other side of the block. It’s compliant with NJ state regulations according to the developer. Also you’re not allowed to smoke on-site or on the street, so there’s that.
Of course, and the entrance is on the other street so it seems like it meets the 200 feet (new ordinance). Just interesting overall. I wonder what this means for the Laurel-Saddlewood plot negotiations, since that was also supposed to include a school.
Wait, isnt this a big upsize from a previous proposal? Looking at the rendering, this is where Provost Square’s last phase was going to be. If I recall, they were planning a five story building (or around that height) here. Was there a sale/handover or is it the same developer?
Toll Brothers would sell to the owner of 150 Bay St, and they’d combine the two parking lots to build the 50 story building. As you say, the parking lots are only zoned for 8-story buildings right now with a 32-unit building planned for the Toll Brothers site, so this proposal would need a rezoning to pass.
Fulop killed Laurel-Saddlewood. Demanded that Lennar hire the unions on the union’s terms. They weren’t able to reach an agreement on pay and benefits, so Lennar walked away from the project.
I know there was some confusion about whether Laurel-Saddlewood was really dead since there was an appellate court ruling allowing the eminent domain to proceed in November 2022, which was after Lennar walked way in February 2022, but I know one of the homeowners on Laurel Ct and they told me it’s dead as a doornail.
Got it - there was some rumor of negotiations ongoing with (presumably) a different developer after Lennar had walked away, either from the city or maybe even from one of your posts, so I wasn’t sure where that had gone.
Either way if this goes through, that will be the last of the sun for The Morgan’s pool
The homeowners definitely tried very hard to salvage something, for sure, but everything completely fell apart and there was no putting the pieces back together again.
At the end of the day, the NJ state Schools Construction Authority is bankrupt, and the JC Board of Ed is losing state funding and raising taxes massively every year. The Laurel-Saddlewood school plan fell apart from too many demands. And there aren’t many building sites downtown that would fit a school and could be bought for less than $50M. So this is really the best option there. Some opponents are nitpicking about a dispensary being around the block, but people aren’t allowed to smoke at or around the dispensary anyway, and we have to be pragmatic about attaining modern school space.
This project has encountered some pushback, mostly from nearby condo owners with NIMBY concerns about parking and property values and people who say downtown JC is full and shouldn’t have more hosuing.
A group of residents I’m involved with has started a petition for any JC residents who want the affordable housing and school to materialize. Journal Sq got its rezoning for affordable housing last year involving multiple towers. Wealthy downtown is blocking just this one mixed-income tower.