JERSEY CITY, N.J., Nov. 7, 2017 /PRNewswire/ -- The partnership of
Roseland Residential Trust, a subsidiary of Mack-Cali Realty
Corporation (NYSE: CLI), and Ironstate Development today announced
that, just eight months after the launch of leasing, Jersey City
Urby is 95-percent leased.
The rapid leasing of Urby's 762 studio, one- and two-bedroom
residences is reflective of the strong demand for thoughtfully
designed apartments near Jersey
City's waterfront, where Mack-Cali is developing Harborside – a cultural
district that blends luxury living, premier offices, locally
inspired shopping and dining, and open public spaces.
"As Urby nears full occupancy, we're witnessing a
significant milestone in the Jersey
City waterfront's continued evolution into a destination
neighborhood," said Michael J. DeMarco, CEO of
Mack-Cali. "The over one thousand
residents who've moved into the building are playing an important
role in bringing to life the unique arts, dining and lifestyle
scene that's being cultivated at Harborside."
Urby aims to reshape the apartment industry by combining fresh
modern design with charming collective spaces programmed for
interaction, rejuvenation and fun. Spaces include a fully equipped
gym offering regular classes, from cardio to strength training to
yoga and barre; a heated outdoor salt water pool and deck that
hosts sunset events, meditation and more; a communal kitchen for
cooking demonstrations, tastings and talks; and the Urby Creative
Lab, a space for residents to participate in interior design
workshops, flower arranging, homemade apothecary and other classes.
Additional amenities include an attended lobby, on-site parking,
bicycle storage, and a dog run.
Apartments come in a variety of layouts, from compact alcove
studios to spacious corner two-bedrooms, with most residences
offering spectacular views of the harbor, New York skyline, and the New Jersey Highlands
through wide bands of ribbon windows.
Designed by the innovative Dutch architects concrete, Urby
is the tallest residential building in New Jersey. The 713-foot-tall tower's playful
massing is composed of multi-story, stacked sections that
cantilever off one another and are clad in differing fenestration
treatments. The uniquely designed tower serves as an unmistakable
landmark for Harborside, where Mack-Cali recently unveiled a plan to invest
$75 million toward modernizing 4.3
million square feet of class A office buildings, and drastically
upgrading public and retail spaces.
Since announcing a consolidation of its office portfolio in
2015, Mack-Cali launched a
multi-phase plan for Harborside, beginning with the
reinvention of the Harborside Atrium, which now doubles
as a cultural space that hosts music, dance, art performances, and
'foodie' fests. Additionally, this past spring, the company opened
Lutze Biergarten, an outdoor venue offering a variety of craft
beers, cocktails, great food, games, and breathtaking views of
Manhattan. In September,
Mack-Cali celebrated the opening
of Piggyback Bar at Harborside, a restaurant owned by famed NY
chef Leah Cohen and partner
Ben Byruch.
Urby provides residents with seamless access to Manhattan, seven minutes via the Exchange
Place PATH station located one block from the building, and six to
eight minutes (depending on destination) via the recently launched
Harborside NY Waterway ferry terminal. The Hudson-Bergen Light Rail
stop located directly at the building provides access up and down
the New Jersey Waterfront. Additionally, a new Citi Bike station at
Harborside offers residents and office tenants in the area yet
another transportation option.
Jersey City Urby is located at 200 Greene Street. For more
information, visit www.jerseycityurby.com.
About Roseland Residential Trust
Roseland Residential
Trust is an owner, manager, and developer of luxury
lifestyle-oriented multifamily and mixed-use properties in select
waterfront and transit-oriented markets throughout the Northeast. A
subsidiary of Mack-Cali Realty Corporation, one of the country's
leading real estate investment trusts (REITs), Roseland is the master developer for several
nationally recognized mixed-use destinations, including Port
Imperial, a $3-billion, 200-acre
community on the Hudson River Waterfront in New Jersey; Portside at East Pier in
East Boston, where the company is
redeveloping a half-mile of Boston Harbor into a luxury community;
and Overlook Ridge, a 92-acre, master-planned community located
north of Boston.
A recognized leader in multifamily innovation, Roseland is known for creating locally
inspired communities that enhance the beauty, economic vitality,
and energy of their surrounding environs. Fully integrated and
self-managed, the company comprises a team of professionals
committed to enriching the quality of life of each of its
communities' residents.
For more information on Roseland Residential Trust and its
communities, visit www.roselandres.com.
About Ironstate Development Company
Ironstate
Development Company is one of the largest privately held real
estate development companies in the Northeast. Based in
Hoboken, New Jersey, Ironstate
engages in the development and management of large-scale mixed-use
projects and has a diverse portfolio of residential and hospitality
assets valued at several billion dollars. Additional
information on Ironstate Development Company is available on the
Company's website at www.ironstate.net.
About Urby
Urby is a complete rethink of rental
apartments that is design driven with collective spaces that are
thoughtfully programmed to connect residents with one
another. Urby is a creation of Ironstate Development—the
real estate firm behind the development of the Standard East
Village, Chiltern Firehouse in London and W Hotel in Hoboken—and Concrete
Architects, the Amsterdam-based
architecture and interiors firm known for the designs of CitizenM
Hotels around the world and W Hotels in London and Switzerland.
Contacts:
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Ryan Smith
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Deidre
Crockett
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Beckerman
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Mack-Cali Realty
Corporation
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(201)
465-8023
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Vice President,
Corporate Communications
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rsmith@beckermanpr.com
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and Investor
Relations
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|
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(732)
590-1025
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dcrockett@mack-cali.com
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SOURCE Mack-Cali Realty Corporation