BlueGate Partners has been retained to raise JV Equity for 235 Grand Street, a “shovel-ready” 45-story, 549-unit luxury apartment development, located in the heart of downtown Jersey City, NJ, a thriving transit-oriented extension of Manhattan and one of the most desirable apartment markets in the nation.
Strategically located on New Jersey’s “Gold Coast” directly across the Hudson River from Manhattan, Jersey City offers an urban, commuter-friendly lifestyle providing superior access to New York City in less than fifteen minutes with a variety of convenient transportation options. Located one block from the Marin Boulevard Light Rail station and a short walk from the Grove Street PATH station, 235 Grand will provide outstanding transportation access and convenience for its residents.
A prime urban, transit-oriented location, exceptional sponsorship, trophy-quality design and construction, and substantial scale make the investment one of the most attractive opportunities in the country. The Property represents a rare opportunity to invest with best-in-class sponsorship in a trophy apartment tower in one of the nation’s top markets.