March 20, 2015
BlueGate Partners Raises $237 Million for Jersey City Development
Fisher Development and RCG Longview hired BlueGate Partners to raise JV equity for the development of Liberty Harbor North, a to-be developed high-rise residential property located in Jersey City, New Jersey. The project will be built in two phases, and will ultimately consist of approximately 900 residential units, 15,000 square feet of retail and 510 parking spots.
Liberty Harbor North is located adjacent to the Jersey City marina on the banks of the Hudson River and offers stunning direct views of the New York City skyline, Statue of Liberty, Liberty State Park, New York Harbor and Verrazano Narrows Bridge. The property will also benefit from excellent access to public transportation including the Light Rail line (one block away), NY Waterway Ferry and water taxi to NYC (one block away) and PATH Train station (two Light Rail stops away).
BlueGate is a boutique real estate investment banking firm with offices in New York and Palm Beach, and offers services in the areas of investment sales, portfolio and property financing, and debt and equity capital raising for real estate projects.