Veris Residential has consolidated its majority ownership in a Jersey City apartment tower, purchasing Ironstate Holdings' 15% stake in the waterfront property and rebranding it.
Veris acquires Ironstate’s 15% stake in Jersey City Urby for $38.5 million
REIT looks to consolidate, streamline its multifamily portfolio
By Linda Moss
CoStar News
April 22, 2025 | 7:42 P.M.
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IN THIS ARTICLE
- Properties
- Sable
200 Greene St, Jersey City, NJ
- Companies
- Veris Residential, Inc.
Real Estate
- Ironstate Development Company
Construction
- Contacts
- Mahbod Nia
Chief Executive Officer, Veris Residential, Inc.