12C — October 22 - November 18, 2021 — Owners, Developers & Managers — M id A tlantic Real Estate Journal


O wners , D evelopers & M anagers

Community offers distinctive amenities, transit-oriented downtown living Prism Capital Partners’ Avenue & Green grand opening brings new luxury rentals toWoodbridge, NJ


OODBRIDGE, NJ — Residential leas- ing has launched at

Rutgers University football player who sustained a life- altering spinal cord injury in 2010, will be serving beverages made from locally roasted cof- fee as well as traditional baked goods, premade sandwiches and salads, and other specialty items. “Everyone is excited about LeGrand Coffee House – a quality business owned and op- erated by a true Garden State hero, and we look forward to rounding out the retail roster with additional carefully se- lected tenants,” noted Prism’s Robert Fourniadis , senior vice president – residential." "At Prism, we are proud to have worked hand-in-hand with local officials in Wood- bridge to bring to market a quality multifamily residential development that already is bringing value to this thriving community. And, if early in- terest is an indication of what is to come, Avenue & Green homes are well positioned to see strong leasing activity right from the start.” “ MAREJ

Avenue & Green, marking a major milestone for the new luxury apartment commu- nity in downtown Woodbridge. Prism Capital Partners’ transit-oriented development sits adjacent to Woodbridge Station; it features a mix of studio, one- and two-bedroom residences as well as 10,500 s/f of street-level retail. “Woodbridge is an outstand- ing place to live and play,” said Prism’s Edwin Cohen , principal partner. “We are so pleased to introduce this distinctive, upscale lifestyle option that has been designed with the resident experience in mind. Those who lease a home here will enjoy all that this dynamic community offers, with train access just moments away and easy access to the best dining, shopping, parks and conveniences.” Situated on the corner of Rahway Ave. and Green St., Avenue & Green offers a blend

Avenue & Green

of style and convenience. All residences boast nine-foot ceil- ings, luxury plank flooring, in- home Bosch washers and dry- ers, stainless steel appliances, and Calacatta Valentin Quartz Countertops. These one-of-a- kind rentals are available now for lease and will be ready for occupancy early this fall. Avenue & Green’s extensive range of modern amenities includes a resort-style pool

and landscaped courtyard with private BBQs, outdoor dining, fire pits and a screening area. The indoor amenities high- light comfort and ease with a thoughtfully curated resident lounge featuring billiards and shuffleboard, a state-of-the- art fitness center, demonstra - tion kitchen, full-size laundry rooms on every floor with large capacity or commercial size washers and dryers for over-

sized items, complimentary bike storage, and covered on- site parking. Avenue & Green’s onsite re- tail component will serve both residents and the larger neigh- borhood. The mix of lifestyle conveniences and personal services will be anchored by LeGrand Coffee House, which is opening its first brick-and- mortar location at the property. Owner Eric LeGrand, a former

Vango Development secures approvals for new luxury rental and 3,000 s/f of ground-floor retail space in Downtown Rutherford, NJ

RUTHERFORD, NJ — Vango Development has received final approval for a new luxury rental building in Downtown Rutherford, pav- ing the way for construction to begin on what will be the second phase of The Parker in this Bergen County borough. Located at 118 Park Ave. just two blocks from the Ruth- erford train station, the con- temporary four-story building will deliver 60 luxury apart- ments and approximately 3,000 s/f of ground-floor retail space to the downtown district bustling with shopping, dining, and business. Anticipated to come to mar- ket in spring 2023, 118 Park Ave. is expected to build on the success of The Parker, the adjacent 52-home rental building that has maintained 100% occupancy since Vango completed it in 2019, reports the developer. The Parker’s 5,000 s/f of retail space will soon be occupied by new ten- ants including Steven’s Café, a trendy café offering coffee, breakfast, fresh smoothies, and Gelato; Song’E Napule, an Italian Ristorante; and Grano, an American Pizza and Panini

The Parker

shop. “The Parker introduced a modern lifestyle experience to Downtown Rutherford, appeal- ing to residents with a strong balance of well-appointed resi- dences, stylish amenities and convenient access to New York City,” said Van Golemis, a principal of Vango Develop- ment. “We’re delighted to receive approval for the second building which will allow us to provide additional residential and retail opportunities along Park Avenue while deepening

our commitment to the com- munity at large.” Designed by Minno & Was- ko Architects and Planners , 118 Park Avenue will feature a mix of studio, one- and two- bedroom homes. The building will feature its own entrance and elegant lobby and will be connected to The Parker via shared courtyard and private parking garage. Residents will have full ac- cess to the suite of ameni- ties shared with The Parker. Merchandised by interior de-

signer The Childs Dreyfus Group (CDG) , these include a state-of-the-art tness cen - ter, co-working lounge, and a Resident Lounge/Club Room with billiards, shuffleboard, and large-screen TVs. The pet-friendly, smoke-free com- munity also provides WiFi in common areas, a Butterfly Smart Phone/Video Intercom system, Amazon Hub system, bike storage and electric car charging stations. The landscaped courtyard will offer outdoor social spaces

designed to foster natural op- portunities for residents to meet and interact. The scenic setting will feature lounge seating, fire pits, grills, foos - ball and ping pong tables, a bar with shade canopy, light- ing, and music. Like The Parker, 118 Park Ave. will occupy the entire width of a city block, with its main entrance on Park Avenue and its rear entrance and private parking garage back- ing up to the quiet and scenic Chestnut St. MAREJ

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