12-9-16

Real Estate Journal — December 9 - 22, 2016 — 1A

www.marejournal.com

M id A tlantic

Port Liberté Development Site Up to 1,633 Units As-Of-Right with 15 Minute Direct Ferry Service to Manhattan

Exceptional Metro New York City Development Opportunity Port Liberté is a master planned residential community located along New York Harbor in Jersey City, New Jersey. Currently consisting of 805 completed con- dominiums and townhomes on 40.6 acres, Port Liberté also contains 14.07 acres of developable land upon which up to 1,633 units can be built in accordance with Jersey City’s Caven Point Redevelopment Plan. Ownership is seeking to arrange the sale of this exceptional development site, which is one of the single-largest metro NYC development opportunities that offer immediate access to Manhattan. With a NY Waterway ferry terminal located on the premises, residents of Port Liberté are able to reach Wall Street in Lower Manhattan in only 15 minutes, yet also possess terrific access via car, light-rail and Port Authority Trans-Hudson (“PATH”) rapid transit service to employers throughout the NYC metro area. In addition to its excellent access to transportation, the property benefits from a long-term tax abatement and significant cost advantage relative to residential options in Manhattan. Click Here For a Copy Of The CA To Request Additional Information

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