Development is now underway on the second section of Bay 151, a multi-building residential advanced in Bayonne, New Jersey. Situated at 151 Centre Road, the three-phase improvement will introduce over 600 leases, 15,000 sq. ft of indoor and out of doors amenity area, and 10,000 sq. ft of retail area.
Designed by Minno & Wasko Architects and Planners, residences all through Bay 151 vary from studios to three-bedrooms, lots of which embrace personal balconies. This newest section particularly consists of the development of a four-story rental constructing that may comprise 213 residences. Part considered one of improvement included a 200-unit rental property that’s now greater than 85 p.c occupied.
Part three is anticipated to be accomplished by late 2021.
“We’re very excited to begin building of the second section of Bay 151, which has rapidly confirmed to be considered one of Bayonne’s most in-demand residential developments,” mentioned Jonathan Kushner, president of Kushner Actual Property Group, which is answerable for the brand new improvement. “Since launching leasing efforts in Could, Bay 151 has welcomed numerous new residents, lots of whom hail from New York Metropolis, looking for extra space, strong facilities, and entry to public transportation—all at a beautiful worth level.”
On-site facilities embrace an out of doors deck with eating space, grilling stations, and a big swimming pool. Indoor communal facilities embrace a state-of-the-art health heart, a library, co-working area, a number of lounges, a billiards room, a media room, an indication kitchen, and a youngsters’s playroom. Residents may even have entry to an enclosed parking construction, a automobile wash, and complimentary shuttle service to the Grove Road PATH station.
The Advertising Administrators have been retained because the unique leasing and advertising staff for Bay 151. Obtainable studios accomplished within the first section of improvement are priced starting at $1,750 per 30 days. Pricing has not but been launched for the forthcoming residences at Bay 151.
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