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Kushner Group Pays $50 Million for Tiny Jersey City Parcel

Apartment Project Marks Revitalization of New York City Neighbor That's Become a Hub for Commuters
Kushner Real Estate Group's latest Jersey City project will be mixed-use, with a public plaza. (Courtesy of Hollwich Kushner)
Kushner Real Estate Group's latest Jersey City project will be mixed-use, with a public plaza. (Courtesy of Hollwich Kushner)
CoStar News
October 21, 2019 | 5:24 P.M.

Developer Kushner Real Estate Group and Northwestern Mutual are partnering to build a 38-story luxury apartment building in Jersey City, New Jersey. And KRE Group paid a pretty penny for the project's site, in another example of the zooming value of land in the revitalized city.

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