Ironstate & KRE Group Announce Lease Up of Jersey City’s “225 Grand”

225 Grand in Jersey City

348 Residences Rented In 10 Months

The developers of 225 Grand, the premium rental building in downtown Jersey City overlooking the Manhattan skyline and Statue of Liberty, announced today that all of the 348 luxury residences in the building have been leased just 10 months after hitting the market.

The announcement was made by Ironstate Development Company, of Hoboken, and KRE Group, of Bridgewater, two prominent development companies who partnered on 225 Grand. The Marketing Directors, Inc. was the luxury building’s exclusive marketing and leasing agent.

“When you are able to fully lease a building with 348 residences in less than a year, you’re talking about a special building and a tremendously successful program,” said David Barry, President of Ironstate Development. “Demand remained consistently strong as renters responded to 225 Grand’s dynamic lifestyle offerings including upscale residences, impressive amenities and a location near a variety of mass-transit options.”

The 15-story landmark residential tower was designed by the renowned architectural firm HLW. Residents enjoy a host of amenities, including a state-of-the-art fitness center, indoor resident-only parking, 24-hour door man, professional concierge and an outdoor rooftop swimming pool. The building is just steps from the Marin Blvd. Light Rail Station, and is within walking distance to PATH stations at Grove Street and Exchange Place and ferry terminals with service to Manhattan.

“The success of 225 Grand is also a testament to downtown Jersey City’s emergence as one of the state’s most exciting places to live,” said Jonathan Kushner, President of KRE Group. “It’s become a model urban setting at a time when the appeal of downtown living continues to be on the rise, and 225 Grand is ideally positioned to deliver that sought-after lifestyle.”

For more information on 225 Grand, call 201-536-0225, or visit www.225Grand.net.

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