#Bayonne resident awarded $5,000 @CastleLanterra scholarship

scholarshipYolanda Toby of Bayonne has been awarded a $5,000 scholarship by New York-based Castle Lanterra Properties (CLP), announced Elie Rieder, founder and CEO. The Castle Lanterra Scholarship Program was launched earlier this year for residents and dependents living in the company’s 7,300 unit portfolio throughout the East, South, and Midwestern U.S.

Toby, whose family resides in CLP’s Harbor Pointe in Bayonne, is a senior at Howard University in Washington, D.C., majoring in management with a concentration on hospitality. A graduate of Talent Unlimited High School in New York City, she is currently gaining experience in event sales through a summer internship. With management as her ultimate career goal, she is also preparing to obtain an MBA in Finance following her graduation from Howard in 2017.

As part of CLP’s inaugural scholarship program competition, “we chose to have students write an essay covering an issue of personal, local, national or international concern,” said Rieder. “The goal is to encourage self-expression and consideration of the world today and their role in the community.”

For her essay, Toby chose the topic “Communication Between Different Cultures in the Workplace”, inspired by a class in business communications. “It is very important to make sure companies treat their employees equally and that their employees get the necessary training to facilitate effective workplace communication.”

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@CURBEDNY: 30+ DEVELOPMENTS TRANSFORMING NEW JERSEY’S HUDSON RIVER WATERFRONT #bayonne

2016-08-29_12-57-20New Jersey’s Hudson River Gold Coast is booming with new residential development. Check out Curbed NY’s recently posted Hudson River waterfront development map to see where the Gold Coast’s most prominent multi-family buildings are rising.

With all the activity happening along the Manhattan side of the Hudson River—the World Trade Center, Hudson Yards, and the like—it can be easy to forget that there’s a slew of construction projects happening on the other side of the water.

But there is, in fact, a veritable building boom in New Jersey right now, particularly the stretch along the waterfront between Fort Lee (to the north) and Bayonne (on the southern end). The developments going up run the gamut from small rental buildings to the state’s soon-to-be-tallest skyscraper, and each will have a part in transforming the state in the next few years. Here, we’ve mapped more than 30 of those projects

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#SilkLofts Rental Conversion in #Bayonne Provides Brooklyn Style

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SilkLofts, which offers a big dose of Brooklyn style on the New Jersey Gold Coast, is presenting a unique new lifestyle option in Jersey City’s neighboring City of Bayonne.  The rental conversion boasts 85 loft-style residences located in the former Maidenform Factory which was the birthplace of the modern bra. During World War II, the factory also manufactured military parachutes as well as carrier pigeon vests.

Reborn as a modern, urban living experience, the converted five-story brick building is located at the intersection of 18th Street and Avenue E – just 800 feet from the 22nd Street Light Rail station and minutes from Jersey City, Hoboken and Manhattan.  A separate building overlooks a landscaped interior courtyard and features a limited offering of Artist Lofts.

A variety of floor plans are offered, ranging from 568 to more than 1,400 square feet of soaring living space at monthly rental rates ranging from $1,500 to  $3,400 – a far cry from Brooklyn rents.  Masterfully designed to reflect the property’s historic roots, homes combine 19th-century restored elements that represent the building’s past – such as exposed heavy timber columns and brick – with modern finishes and appointments that innovatively meld it into the 21st century.

A mix of old and new is found throughout the loft residences, including soaring 12-to-20-foot ceiling heights, mahogany front doors, exposed brick and wood beams, bamboo and oak gunstock wood floors, gourmet kitchens with Quartz countertops and Chef Islands, and washer and dryers. Bathed in natural light through newly-installed, oversized energy efficient argon filled factory windows, the residences offer a variety of views, including the New York City skyline and Bayonne Bridge.

Wanting residents to “love where they live,” the developer has fashioned a creative suite of amenities for SilkLofts to foster a close-knit atmosphere.  An outdoor, landscaped pocket park features an herb garden, barbeque, fire pit and a fully-operational pizza oven that’s ventilated through an old smokestack.  There’s also an on-site fitness center, secured on-site parking and a welcoming lobby with historic photos of the original Maidenform factory.

For additional information on SilkLofts, please call (201)-488-3926, email info@silklofts.com, or visit www.silklofts.com

Bayonne’s SilkLofts Celebrates Its History

silklofts-154-avenue-e-bayonne-signvia JerseyDigs – A homecoming of sorts was held last night at the former site of the Maidenform Brassiere Company, which now sports another piece of its unique history for residents to enjoy.

The hulking, four-building industrial complex at 154 Avenue E was converted into the SilkLofts rental complex in 2014. But before its lengthy and occasionally trying renovation, the building facilitated the manufacturing of everything from the modern bra to military parachutes and carrier pigeon vests.

The property, the oldest parts of which date back to 1890, was originally the Schwarzenbach Huber Mill, but Maidenform took over the facility in 1929. The company was one of the largest employers in Bayonne at their peak in 1940, employing an estimated 1,300 workers.

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Bayonne says Barnabas’ emergency center will ‘mark major redevelopment’ on Broadway

2015-09-03_10-15-11via Joshua Burd/ NJ Biz

A developer will build a new emergency medical center for Barnabas Health in Bayonne, in what city officials hope will be a catalyst for redevelopment in the downtown.

The facility, which will be built by the firm Rendina, is slated to break ground later this month on Broadway between 23rd and 24th streets, city spokesman Joe Ryan said. The three-story building is projected to employ about 170 people. It will house several functions, including an emergency room, a radiology center, an intensive care unit, a pediatric unit and primary care services.

“This is going to mark a major redevelopment of that part of Broadway,” Ryan said. “It will take down a number of commercial buildings that were not in good shape and replace them with a brand new medical facility.”

The facility, which will also have a three-story attached parking structure, is just one project aimed at revitalizing the city. Ryan also noted there are plans for a 22-story residential building, with ground-floor commercial space, slated for the southern end of the city, plus a 10-story building farther north on 46th Street.

The new facility would sit just a few blocks from Bayonne Medical Center. A spokesman for CarePoint Health, the hospital’s owner, said the organization over the last seven years has invested millions of dollars in the facility, including a $1 million upgrade of the emergency department just last year.

“This upgrade enhanced technology as well as created a fast track program to decrease wait times,” said Jarrod Bernstein, CarePoint’s senior vice president for marketing and communications. He later added: “Patients should have access to quality care in their own city when minutes count.”

He also noted the Bayonne hospital has earned top scores from the LeapFrog Group for patient safety and quality, adding that “CarePoint Health Bayonne Medical Center has provided that care for the last 125 years and will (do) so in the future.”

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Business Spotlight: Sneaker Room

2015-08-06_13-20-36Sneaker Room, with a new branch in the Heights section of Jersey City, has an outpost in Bayonne as well. The upscale kicks store is located at 895 Broadway and is owned by Suraj Kaufman.

The 2013 opening of the store was attended by none other than  the then New York Giants’ defensive end Justin Tuck and Giants wide receiver Victor Cruz. Kaufmann cited recent building and housing development as incentives to locate Sneaker Room in Bayonne.

The store boasts a mixture of unique brands catering to the entire family.

Today they are featuring the Nike Air Max2 CB ’94!

Hudson Rents Still Rising

GROWING MARKET – Luxury rentals have been the trend in Bayonne, where Alexan CityView debuted, followed by Silklofts, the renovated Maidenform plant. Read more: Hudson Reporter - Going up up up Hudson rents still skyrocketing because of demand

GROWING MARKET – Luxury rentals have been the trend in Bayonne, where Alexan CityView debuted, followed by Silklofts, the renovated Maidenform plant.

via The Hudson Reporter – With dozens of rental developments in Hudson County going up and many recently being completed, why does a current report say that county rents are still on the rise, and may actually hit a $3,000 average as early as next year?

Pure economics, says Mark Quartello of Palisadium Real Estate on Boulevard East in West New York.

Even though there is a lot of apartment rental stock available, many of those seeking a place to live are very specific in what their needs are, and have the income to support them.

“Historically in North Hudson, the towns of Weehawken, West New York, Union City, and North Bergen, have been more stable than other areas in terms of high rents,” Quartello said. “But nothing is like it is today.”

Rents for Hudson County towns have grown every year since 2009, and may top a $3,000 average as early as next year, said Reis Inc., a New York-based research firm, in a report in March.

That should not be a surprise, Quartello said, because Hudson and adjacent Bergen County offer great proximity to New York, multiple mass transit options, and relatively low rents compared to Manhattan.

But many of those working in New York City want luxury accommodations, and even though many of those projects are in the pipeline, there are not enough.

“Even with the additional development, you just can’t meet the demand,” Quartello said.

A large number of those renters are transplanted Manhattanites, coming to New Jersey for a bit more bang for their buck.

“Consumers want to go to Manhattan without paying $5,000 a month for a studio,” Quartello said.

In New Jersey, and Hudson County specifically, they don’t have to.

And while rents are going up in North Hudson, rental prices are not the same everywhere. It gets back to the old real estate adage of “Location, location, location.”

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Bayonne on the rise

“They’re going up in Bayonne,” said Chris Piechocki of Weichert, Realtors. “There’s a big demand and we’re breaking new records.”

He said that he’s seen the rental market go up between 10 and 20 percent since the recession ended.

Piechocki said that the $1,000 to $1,200 a month rent is a busy segment right now. Anything that opens up in that range goes quickly.

The luxury rental market in Bayonne is one of the fastest growing ones, because as in north Hudson, rents may be high, but they’re still not at New York levels.

“Brooklyn is overpriced and their residents are being driven here,” Piechocki said. “They get so much more for their money here. Brooklyn and Jersey City are creating a new market in Bayonne.”

Many come to the city from out of town to check out the Silklofts or Camelot complexes which opened last year. But even if renters don’t see those apartments as their answers, they continue their due diligence in Bayonne.

“If they can’t afford those, they look around,” Piechocki said.

Piechocki said he believes rents will continue to rise in Hudson County for the foreseeable future.

“As outlying areas are getting even more populated, they’re driving people here,” he said.

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