June 2026

26 — June 2026 — Owners, Developers & Managers — M id A tlantic Real Estate Journal

www.marej.com

O wners , D evelopers & M anagers

Riverbend at Port Imperial adds to firms’ growing Northeast multifamily portfolio P3 Properties and Greyhill Group acquire NJ multifamily for $125.25 Million

er Harvey Rosenblatt , and Greyhill Group , led by Moshe Bloorian, Jacob Her- skowi t z , and Jesse Cohen , an- W

York, NJ, for $125.25 million. Located within the ac- claimed 200-acre Port Im -

Riverbend at Port Impe - rial is part of one of the largest waterfront develop- ments in New Jersey his- tory, which includes more than 300 residential units. “This acquisition represents another important milestone in P3’s continued expansion throughout the Northeast mul- tifamily market,” said Harvey Rosenblatt, founder and princi- pal of P3 Properties. “Riverbend at Port Imperial is an excep - tional waterfront asset in one of the region’s most dynamic and supply-constrained residential submarkets. We see tremendous

long-term value in the property, its location, and the broader Port Imperial community.” The property is situated di- rectly along the Hudson River waterfront at Port Imperial in West New York and benefits from immediate proximity to Midtown Manhattan, Hobo- ken, and Jersey City. P3 Properties and Grey - hill Group plan to continue enhancing the community through strategic operational oversight, resident-focused programming, and long-term capital investment designed to further elevate the resident experience. MAREJ Hartz’s Fairways at Cranford nears full occupancy Fairways at Cranford CRANFORD, NJ — Fair - ways at Cranford, Hartz Mountain Industries’ pre- mier luxury rental commu- nity adjacent to Hyatt Hills Golf Course, has reached 90 percent occupancy, reflecting continued demand for ameni- ty-rich residential communi- ties that combine convenience, flexibility and lifestyle. As affordability challenges and changing consumer pref- erences continue to influence housing decisions throughout the region, many residents are increasingly choosing profes- sionally man-aged rental com- munities that offer high-qual- ity amenities, maintenance- free living and conven-ient access to employment centers, recreation and transportation. Located at 750 Walnut Ave., Fairways at Cranford features 250 thoughtfully designed residences complemented by a robust amenity package, well- ness-focused programming and a unique golf course set- ting in one of Union County’s most desirable communities. The community has attract- ed a diverse mix of residents, including professionals, fami- lies and empty nesters seeking a lifestyle-oriented housing option that balances suburban living with accessibility to NYC and major employment hubs throughout NJ. MAREJ

EST NEW YORK, NJ — P3 Proper- ties led by found-

perial mas- ter-planned community, Riverbend at Port Impe - rial is one of the Hudson Waterfront’s most promi- nent resi-

Riverbend at Port Imperial tion corridors. The community features luxury studio, one- bedroom, and two-bedroom residences with expansive views of the Manhattan sky- line, upscale finishes, and extensive lifestyle amenities.

Harvey Rosenblatt

dential properties, offering direct access to Manhattan via NY Waterway ferry service, the Hudson-Bergen Light Rail, and major regional transporta- Moshe Bloorian

nounced the acquisition of Riverbend at Port Imperial, a luxury residential community located along New Jersey’s Gold Coast waterfront in West New

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