With the cut of a ribbon, a new luxury rental apartment building was unveiled in the Downtown Jersey City today.
Developers and city officials gathered this morning at the foot of the newest addition to Jersey City’s skyline: Warren at York, an 11-story, 139-unit apartment building.
While on the roof of the building overlooking the Hudson River, Mayor Steve Fulop said the focus on energy-efficiency and amenities fits his vision for future construction in Jersey City.
“The environmentally friendly buildings are something we’ve asked the (city’s) planning department to pursue,” Fulop said.
“The fact that we are attracting other developers who haven’t done urban buildings of this size before, really speaks to the … Jersey City progress,” he added. “We are being business friendly and at the same time being environmentally aware of the impact on the community.”
Jonathan Schwartz, senior vice president of BNE Real Estate Group — the project’s developer — called the building “one of the most eco-friendly projects in New Jersey.”
In addition to using recycled materials during construction, the building’s green roof helps cool the entire structure and capture rain water in an underground storm-water retention basin that will help alleviate pressure on the city’s sewer system.
Fulop said he expects more of these types of buildings to rise in Jersey City.
“The (city’s) planning department has been really great on making sure that the development community understands the importance of this to the community and we are going to continue to push this,” Fulop said about the building’s eco-friendly features.
The boutique building is located at 120 York St. in the city’s Paulus Hook neighborhood, blocks away from the Exchange Place PATH station.
The building is expected to attract residents from across the Hudson River and boasts a fitness center, billiards and media rooms, concierge service, a washer and dryer in each apartment, and on-site parking.
The apartments range in rent from from $2,100 to $5,000 a month.
As of Saturday, about 25 percent of the building has been rented, Schwartz said.