O wners , D evelopers & M anagers

M id A tlantic Real Estate Journal — September 17 - October 21, 2021 — 13A


New Luxury Rental Community Delivers 276 Residences to Convenient Commuter Locale Accurate Builders & Developers celebrate Crossings at Raritan Station debut

HI-LIGHTS Sept. 17 - Oct. 21, 2021 Larken acquires The Residence at Wyomissing Mayor Bray helped cut a ceremonial ribbon to mark the successful debut of Crossings, which is located at 59 Second Ave. next to the Raritan train station on NJ TRANSIT’s Rari- tan Valley line. Crossings at ARITAN, NJ — Rari- tan, NJ Mayor Zach- ary Bray and other lo- cal dignitaries joined principals from Accurate Builders and Developers on Thursday, Au- gust 5th to celebrate Somerset County’s newest luxury rental community: Crossings at Rari- tan Station. R

Raritan Station delivers a new collection of 276 luxury rental residences to a formerly unde- rutilized property in the heart of the borough. The celebra- tion came ten weeks after the community officially launched leasing of the first phase of 113 residences – more than 80% of which have already been leased and nearly 100 residents already moved in. Mayor Bray praised the grand opening as a significant milestone for Raritan and rec- ognized the developers for de- livering a finished product that helps further the borough’s revitalization goals. “From the inception of this area being declared in need of redevelopment until today, we recognized Crossings at Rari- tan Station as a project that is vital to the future of Raritan, and we could not be happier with the finished product,” Mayor Bray said. “Raritan now has an excellent opportunity on its hands. Through smart growth, we are well positioned PARK RIDGE, NJ — A crowd of Park Ridge, NJ resi- dents and stakeholders filled the lobby lounge at The James recently, marveling at the new upscale rental community that stands as a beacon of the bor- ough’s evolution while honor- ing its most famous hometown hero. Attendees witnessed the 10- year plan to redevelop a large tract of underutilized property in the Bergen County township finally come to fruition. Guests included nearly two dozen members of the Gandolfini family and friends. They were honored to give their blessing to naming the building after the late James Gandolfini. Michael Gandolfini, James’ son joined Mayor Keith Misciagna , other municipal officials, and principals from Claremont Development in cutting a ceremonial ribbon marking the heralded addi- tion to the borough’s housing

ment centers such as New Brunswick. Trains departing from Raritan Station offer direct service to Manhattan or transfers to New York via the PATH system at Newark Penn Station. A network of major highways intersect in Raritan and neighboring Somerville, of- fering easy access to Rtes. 287, 78, 202, 206, 28 and 22 that directly connect to the state’s other major throughfares, such as the New Jersey Tpke. “We are seeing many resi- dents choose Crossings at Raritan Station either because they work for one of the many nearby employers or they need a location with mass-transit access to Manhattan, but pre- fer to live in a suburban loca- tion,” said Jacqueline Urgo , president of The Marketing Directors. “Either way, they are attracted to the quality and lifestyle the community offers. Accurate Builders and Devel- opers hit on a winning formula here that is clearly resonating with renters.” MAREJ “To make this day even more special is to have the Gan - dolfini family here,” Mayor Misciagna continued. “Jim is the patron saint of Park Ridge, and Michael, you’re everyone’s nephew in town. Jim is such a point of pride for our commu- nity and we’re always looking for ways to honor his legacy.” “The James reflects our com - mitment to the borough of Park Ridge and our core philosophy of enhancing the host commu- nities in which we develop,” said Richard Sciaretta , man- aging partner of Claremont Development. “We shared a collective vision with Mayor Misciagna and local officials on how to unlock the intrinsic value of this property by cre- ating a new modern lifestyle option that is appealing to both existing and new residents. We believe The James realizes that vision, and we’re delighted with how quickly it has con- nected with residents.” MAREJ

Crossings at Raritan Station

as tiled bath floors and wet walls, an in-unit washer & dryer, and custom roller shade window treatments in every home. Crossings at Raritan Sta- tion’s location provides com- muting convenience to resi- dents whether they work in New York City, at one of the many global life science and pharmaceutical companies in the area, including LabCorp, or in other nearby employ-

for a prosperous future, and that includes the revitalization of our downtown. I’d like to thank my predecessor, Mayor Charles McMullin, members of the borough council, Accu- rate Builders and Developers, and everyone else who helped make today’s grand opening possible.” Designed by architect De- vereaux and Associates , the interior spaces are well thought out, with details such

Claremont Development holds ribbon cutting of The James, new rental community in Park Ridge, NJ


Reuten Associates announces plan for senior housing community


Shown from left: Mike DiBella, a partner in The James; Barbara Di- Bella; Michael Gandolfini, James Gandolfini’s son; Keith Misciagna, Mayor of Park Ridge; and Richard Sciaretta, managing partner of Claremont Development.

The Galman Group sells two suburban Phila. communities for $15M

landscape, a collection of 240 studio, one- and two-bedroom residences. Officials lauded The James’ development team for trans- forming the dilapidated prop- erty on Madison Avenue into a vibrant new community that will benefit generations to come. “This is a great celebration today,” said Mayor Misciagna. “So many people were involved

in making this project happen. From Mike DiBella who start- ed talking to me about his vi- sion for redeveloping this area 10 years ago to Don Schwamb and the Planning Board to the Building Department, City Council and of course the Sci- aretta family and Claremont Development, thank you all for your expertise. This beautiful residential building is the fruit of all your labors.



Ashley Kettler, CPA, Withum . ..16A


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