MAYOR STEVEN FULOP JOINS HARTZ MOUNTAIN & PANEPINTO PROPERTIES TO CELEBRATE THE GRAND OPENING OF 3 JOURNAL SQUARE APARTMENTS IN JERSEY CITY

3 Journal Square Ribbon Cutting

Principals from development partners Hartz Mountain Industries and Panepinto Properties recently joined Jersey City Mayor Steven Fulop (center) and other municipal, county and state dignitaries for the official grand opening of 3 Journal Square. The new 13-story rental building located just steps from the Journal Square Transportation Center debuted with an impressive 160 of the 240 apartments already leased.

With the cut of a ceremonial ribbon, 3 Journal Square Apartments officially opened today in Jersey City, a milestone moment touted by City officials and business leaders as the latest sign of the remarkable renaissance underway in the historic Journal Square neighborhood.

The new 13-story building located just steps from the Journal Square Transportation Center  opens with an impressive 160 of the 240 apartments already leased since pre-leasing started in late March, according to joint-venture partners Hartz Mountain Industries and Panepinto Properties, two prominent development companies that have helped shape the Jersey City landscape with signature residential and commercial projects.  More than 40% of the building is occupied, with additional move-ins scheduled.  Immediate occupancy is available.

The Grand Opening ceremony also marked the completion of 3 Journal Square’s onsite leasing center and magnificent lobby, as well as a full floor of social and recreational amenities unrivaled in the local marketplace.

“Thank you to Hudson County Executive Tom DeGise, Panepinto Properties and Hartz Mountain Industries for being big believers in Jersey City early in the process,” remarked Jersey City Mayor Steven Fulop.  “Today, you see massive change and what we’re most proud of is what’s happening in Journal Square.  Four years ago, we started to talk about ways to incentivize development away from the waterfront.  It was really our primary objective to bridge the gap between communities.  When you look forward just a few years from now, Journal Square will once again become the center of Jersey City.  This is another step in that direction.”

Designed by Hoboken, N.J.-based Marchetto Higgins Stieve, the LEED Silver-designed building’s grey and black exterior was created to add a stylish and modern landmark to the Journal Square streetscape.

“With 3 Journal Square, we’ve introduced a new luxury residential option to a neighborhood that is rich in history and culture, and clearly on the move,” said Gus Milano, President and COO of Hartz Mountain Industries.  “There’s an atmosphere here that appeals to a cross section of people, and we’ve enhanced that with a building that promotes a modern living experience.”

“We are very excited about this project and its ability to serve residents looking for quality and value,” added Joseph A. Panepinto, President and CEO of Panepinto Properties.  “Journal Square, which has been the historic heart of Jersey City, is experiencing explosive growth.  Strategically and easily accessible by rail, highway and bus transportation, from points north and southwest of the city, and only minutes from New York City, make this property attractive to New York and New Jersey commuters alike.”

3 Journal Square features a collection of studio, one, two- and three-bedroom residences spread throughout 12 floors plus a Penthouse level, with Grand Opening prices starting in the $1,900s for a limited time.   The apartments boast open layouts ranging from 496 to 1,260 square-feet of space with expansive closets.  Found throughout the floor plans are designer finishes, including chestnut wood vinyl flooring, kitchens with granite countertops and stainless steel Energy Star appliances, quartz bathroom countertops and full washer/dryer. Select apartments offer magnificent New York City views.

Enhancing 3 Journal Square residents’ lives is a full suite of indoor and outdoor amenities that clearly sets the building apart.  Residents have access to a 24-hour concierge and maintenance, a state-of-the-art health and fitness center, yoga studio with virtual fitness classes, resident lounge with fireplace and billiards, party room, and a wired conference room.  For outdoor socializing, there is a rooftop for renters to enjoy lounge areas, a communal table, a fire pit and panoramic skyline views: while an outdoor playground will entertain kids and a dog run will appeal to the building’s canines.

Among the modern décor at 3 Journal Square, local artists from Jersey City as well as Hoboken and Brooklyn adorn the public amenity spaces and resident corridors with a contemporary art collection. These 37 works of art consist of large-scale paintings and archival digital pigment prints curated by Stefania Panepinto of Panepinto Fine Art to enhance the residents experience by “living with art” by local artists.

Located at 2935 John F. Kennedy Boulevard, 3 Journal Square is ideally located next to shops, dining and the PATH with service to Manhattan.  Its energy-infused lifestyle offering adds another spark to Jersey City’s resurgent urban epicenter, which is attracting modern lifestyle offerings that embrace the fabric of the neighborhood while drawing new residents to the emerging residential destination.

For more information on 3 Journal Square and to schedule an appointment to tour the building’s fully-furnished studio and one-bedroom model apartments, please call 201-617-5818 or visit www.threejournalsquare.com.  The leasing office is open Monday from 10am to 6pm, Tuesday thru Thursday from 10am to 8pm, Friday from10am to 6pm, Saturday and Sunday from 10am to 5pm.   The building is located at 2935 John F. Kennedy Boulevard, Jersey City, NJ and offers complimentary free parking for leasing tours.

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