7 Likes
Looks like they’re replacing/installing a new steel bulkhead?
1 Like
That’s old. The residential high-rise proposal is still active, and is going before the Planning Board for an extension in a month or two
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What’s wrong with the old proposal?
Demand for office space is way below supply in the NYC area and this is actually even worse in Jersey City due to high vacancies.
There is virtually no incentive to build office space. A number of projects in JC started as offices and changed to residential, like 50/55 Hudson.
The pandemic made this worse but office demand was down even before then.
2 Likes
Where the office renders for 55 Hudson st?