Real Estate Journal — Green Buildings — July 29 - August 11, 2016 — 23B


M id A tlantic

G reen B uildings

Two connecting 12-story residential towers designed for LEED Gold certification Bijou Properties and The Marketing Directors complete leasing program at Park + Garden H OBOKEN, NJ — Bi- jou Properties has announced Park +

bustling live/play environ- ment along the 14th St. cor- ridor by introducing homes with eco-friendly features, first-class recreational ameni- ties and services and an ideal location minutes from New York City to a high-demand rental market. “Uptown Hoboken has be- come this city’s residential ‘hotspot” and a preferred destination for young families and professionals,” said Law- rence Bijou , president of Bi- jou Properties. “We were con- fident well-designed ‘green’ apartments with world-class

amenities and services along with an incredible location would be well received by renters seeking a new level of luxury and modern living. The overwhelming popularity of Park + Garden proved we were right.” Designed for LEED Gold certification, Park + Garden consists of two connecting 12-story residential tow- ers sharing a lavish ameni- ties center and an enclosed parking garage. There’s also 13,000 s/f of street-level retail space and 32,000 s/f of educa- tional space. n

continued from page 22B utility rebates). The month- ly electric utility savings is $2,737.08. The project lease financing provides an upfront payment to the vendor(s) of $55,840.00 – equal to the full cost of the project. The build- ing selects their monthly lease payment schedule. With a 24 month schedule, the monthly payment would be $2,574.22 – which closely matches the savings. If the maximum 5 year schedule is selected, the monthly payments would be $1,183.81 - less than 50% of the monthly savings realized. At the conclusion of the lease payments, the purchase price is $1.00. Additional advantages that lease financing companies, such as M-Core Credit (m- corecredit.com), can bring to your project is their expertise. Your second pair of eyes is their 20 years of financing experience in the energy retro- fit field. With their 20 years, chances are that any project that you bring to them, they will have seen many times before. George Crawford is prin- cipal at Green Partners in New York, NY. n Lease your way to energy. . . Garden in uptown Hoboken is now fully leased. An effective rental program conceived and executed by The Marketing Directors , the building’s leasing and marketing agent, was completed less than ten months after the collection of 212 “green” apartments officially opened to the public. The success of Park + Gar- den in quick fashion is a vivid indicator a strong market exists in Hudson County for environmentally-conscience, LEED-certified developments which provide significant savings in monthly utility bills created by incorporat- ing energy-saving heating, cooling and lighting designs to achieve a noticeable reduc- tion in energy usage based on industry standard com- parisons. Park + Garden is the third sustainable residential build- ing developed by Bijou Prop- erties in uptown Hoboken, where the locally-based com- pany is creating a vibrant and

Park + Garden

Excellence in Compactors Since 1977

Our Services Include:

Arrow Steel Inc 629 East 19th St Paterson, NJ 07514 info@arrowcompactor.com 973-523-1122 Refuse Compactor Replacement and Installation Refuse Compactor Maintenance Hopper Door Repair and Replacement Exterior Compactor Repair Welding Services

The NYC-2000


Made with FlippingBook HTML5