JERSEY CITY | 693-701 Newark Ave | 433 FT | 35 FLOORS

New York Proposed
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This project depends on an upzoning tied to provision of affordable housing. 336 apartments, 45 parking spots (replacing the current city-owned spaces on the lot), 2979 sq ft retail. This site was previously slated for a 25-story hotel/residential tower. It is currently a city-owned parking lot.

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FYI, the rezoning which enables this building to be built was adopted at the last Municipal Council meeting of 2022 by a 9-0 vote. The next move is for the Jersey City Redevelopment Agency to finalize a redevelopment agreement to sell the lot to a developer.

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