JOINT VENTURE BREAKS GROUND ON $291M RESIDENTIAL TOWER

by admin

EDISON, N.J. — Mack-Cali Realty Corp. and its joint venture partner, Ironstate Development Co., have broken ground on a new residential tower, URL Harborside, in Jersey City. Phase I, URL Harborside 1, is a 69-story, $291 million multifamily residential tower that will feature 763 residences. The phase is slated for completion in mid-2016. Ultimately, URL Harborside, will feature three towers comprising 2,358 residences overlooking the Manhattan skyline.

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