An eye-opener
Journal Squared opens for leasing
by Al Sullivan
Reporter staff writer
Mar 26, 2017 | 2621 views | 0 0 comments | 20 20 recommendations | email to a friend | print
Journal Squared
A VIEW FROM THE TOP – The first tower of KRE’s Journal Squared opened in mid-March, starting a revitalization of the Journal Square area
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The minute I step out of the high speed elevator on the 53rd floor, the old rock and roll song by the band The Who runs in my head… “I can see for miles and miles and miles”… because I can.

The views from near the top of the Journal Squared Development are stunning, in part because its location on perhaps one of the highest points in Jersey City puts it nearly eye to eye with the World Trade Center tower across the Hudson River in New York.

Its views are breath-taking, a panoramic vision of the region that is almost unrivaled with views from Ellis Island to the George Washington Bridge and beyond.

Clad in aluminum panels, the first completed tower rises to 563 feet, making it Journal Square’s tallest building to date, and the third-tallest building in Jersey City. Residences begin at the ninth floor, ensuring that each apartment offers spectacular views of the Hudson River, Statue of Liberty and the Manhattan skyline. Perched on a bluff, the 53- story tower can be seen from Manhattan and the New Jersey Turnpike.

The fact that you are looking down on the tallest towers along the Jersey City waterfront from a place that has equal or even superior services is amazing.

Journal Squared located in the Journal Square section of the city is the first phase of a three-tower project and the first major development of its kind outside the waterfront and downtown.

The fact that it has everything you might expect from a luxury rental – movie theater, health facility, deck and more – makes it not only competitive but unique, since it stands atop one of the key transportation hubs so that you are little more than a high speed elevator ride away from the PATH and bus station.

A change in the air

A KRE Group and National Real Estate Advisors project, the tower held its official leasing launch a little more than a year after it broke ground, and drew an impressive array of public and private sector officials to its ribbon cutting.
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“For twenty years people have talked about rebuilding Journal Square, telling us it is just around the corner. But today, we realize that dream.” – Steven Fulop
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This is the first of three towers that will make up the Journal Squared project, a mixed-use development complex rising in Jersey City’s historic Journal Square neighborhood.

Mayor Steven Fulop said on March 22 this is the first step in revitalizing what had once been the jewel of Jersey City.

“This is a special day,” he said “For twenty years people have talked about rebuilding Journal Square, telling us it is just around the corner. But today, we realize that dream.”

He said this is the first step in a series of steps that will transform Journal Square, along with plans to help establish a cultural center.

“I’m excited about today, this is an iconic building that will allow you to see anywhere in the area, and can be seen from anywhere,” he said. “I look forward to the start of the next building.”

Officials say the highly anticipated project heralds a new generation of development for Journal Square, a vibrant area that is expected to see tremendous growth in the next few years.

“Journal Square is a dynamic neighborhood that continues to grow in popularity among Jersey City locals as well as newcomers," said Jonathan Kushner, president of KRE Group. “We're delighted that Journal Squared’s first tower is complete and ready for renters to enjoy.”

Jeffrey Kanne, president and CEO of National, said: “Journal Squared exemplifies our focus on developing urban-centered real estate projects which enhance districts, create jobs, and produce investment returns for our clients. The development meets the demand for convenient lifestyles – direct mass transit connections into Manhattan commercial centers with upscale amenities – at an attractive value for residents.”

The first step in the transformation

Designed by Hollwich Kushner and Handel Architects, Journal Squared will include three buildings and bring a total of 1,838 rental residences to the area. The complex will energize the area’s street life by adding 36,000 square feet of retail and restaurant space, as well as create a pedestrian plaza that leads to the adjacent transit hub. The public plaza will serve as a venue for seasonal activities and community events.

Inside Journal Squared, interior designer Christopher Stevens, who has styled private homes across the East Coast, designed spacious residences with open floor plans drenched in natural light. The 538 apartments, ranging in size from studios to three bedrooms, boast hardwood floors, stainless steel appliances, central air and in-home washer and dryers.

Journal Squared offers an amenity and service package, rivaling any in the city. The 10,000 square feet of amenities begin in the double-height lobby, which includes a light-filled lounge and 24-hour concierge. Moving up to the 8th floor, “Club JSQ” is designed for work and play with a full floor of modern conveniences. The library is ideal for those who work from home, and includes long tables, plenty of places to plug in and complimentary Wi-Fi. The Lounge opens onto a sun terrace with an outdoor swimming pool.

There’s also a fitness center, yoga studio, billiards room and children’s playroom. Journal Squared will offer complimentary yoga, boot camp and meditation classes throughout the week. Residents can also attend regular social events, such as happy hours, cooking classes and pop-up restaurant partnerships with local chefs.

Journal Squared boasts the neighborhood’s first residential “Sky Lounge,” a 53rd-floor observatory with dramatic panoramas of the Manhattan skyline. The space features a retractable movie screen with stadium seating. It also includes banquet tables, ideal for formal dinner parties or relaxed gatherings.

When it comes to the morning commute, inclement weather won’t interfere—thanks to a covered pathway that leads residents from the building directly to the Journal Square Transportation Center, one of New Jersey’s major transportation hubs. The facility has access to NJ Transit, and is also a major stop on the PATH rail system, with service to Lower and Midtown Manhattan, Hoboken, Newark and Jersey City. This is significant community element of Journal Squared will be a new public plaza that will be built along the Magnolia Avenue entrance to the PATH station.

At the heart of the plaza will be an open space courtyard lined with trees, greenery, and seating to encourage pedestrian activity and social interaction. The plaza will also feature a “kiss-and-ride” cul-de-sac for safe and convenient commuter pick-up and drop-off.

Adding to the draw is MANA Contemporary, a campus dedicated to all facets of art, and family-owned eateries such as Moloney’s Meat Market and New Park Tavern.

Starting prices range from $1,850 for studios to $4,200 for three bedrooms.

Al Sullivan may be reached at asullivan@hudsonreporter.com.

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