Posted Nov 17, 2015, 11:48 AM
|
 |
Registered User
|
|
Join Date: Sep 2013
Posts: 765
|
|
Tax Breaks Approved For One Journal Square
REID WILSON
NOVEMBER 17, 2015
Quote:
|
Officially proposed last summer, New Jersey’s Economic Development Authority has approved $93 million in tax breaks for Kushner Companies and KABR Group’s planned 56-story, 744-unit mixed-use tower at One Journal Square, in Jersey City’s Journal Square district. According to the Jersey Journal, WeWork is expected to lease 101,000 square feet of office space on seven floors, and 78,000 square feet of retail space is planned on the bottom two levels. A second tower is also reportedly in the works, although completion of the first is expected in the spring of 2018.
|
|
Threaded Mode