24A — May 11 - 24, 2012 — New Jersey — Mid Atlantic Real Estate Journal
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16th luxury development in New Jersey Avalonbay breaks ground in Hackensack on multifamily
FOR LEASE 32,000 Square Foot Industrial Building
H
ACKENSACK, NJ — AvalonBay Com- munities hosted a
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ground breaking ceremony at Avalon Hackensack. The com- munity will be AvalonBay’s sixteenth luxury apartment development in New Jersey. A crowd of over 100 attended the ceremony, which was held at Maggiano’s Little Italy res- taurant on Hackensack Ave., located next to the construction site. Both Hackensack officials, including Mayor Jorge Mene- ses, andAvalonBay executives, led by Ron Ladell, senior vice president for Development, addressed the gathering, high- lighting the new community’s proximity to mass transit hubs, convenient shopping districts, and New York City. Ron Ladell said, “With the ground breaking of Avalon Hackensack, we are proud to further expand our presence in New Jersey. This will be a beautiful development that both Hackensack and Ava- lonBay will be very proud of when it’s completed. We look forward to offering residents all the benefits of luxury apart- ment living, combined with first-class local shopping and wonderful restaurants. And all
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S HELDON GROSS REALTY, INC. REALTORS Ɣ Corporate Real Estate Services 80 Main Street, West Orange, NJ 07052 Tel.#973-325-6200 - Fax.#973-325-9090 E-mail: sgross@sheldongrossrealty.com
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Avalon Hackensack
this is just within a short dis- tance from New York City and all that the Big Apple has to offer.” Avalon Hackensack will con- sist of 226 studio, one, two and three bedroom apartment homes, divided into two four- story buildings. Units are spacious, include a washer and dryer, and several have balconies or bay windows. Ad- ditionally, the community will boast an array of outstanding amenities, including a state- of-the-art fitness center, a resident lounge, game room, outdoor pool and pool deck, as well as barbeque and picnic areas. Residents will be within
walking distance to Hacken- sack River County Park, the town’s local restaurants, as well as retail outlets, such as The Shops at Riverside. Addi- tionally, there will be direct and easy access to Manhattan via Route 4 and Route 95. Com- muters can also access the NJ Transit River Edge train sta- tion, which is less than a half- mile from the community, and a short ride from Manhattan’s Penn Station. Mayor Jorge Meneses , who was in attendance at the ground breaking ceremony, said “AvalonBay has a well- deserved reputation around the State for building high quality multi-family housing. n
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