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Condo Developers Bet Jersey City Will Be the Next Brooklyn

07.19.2017

The Wall Street Journal

Nine years after the last condominium craze faded away in Jersey City, N.J., condos are finally staging a comeback. Park and Shore consists of two buildings with shared amenities. One, known as 75 Park Lane, is a modern 37-story glass tower with 358 apartments. The second, known as Shore House, is a seven-story building with 71 apartments in a loft-style building. Park and Shore, next to a new city park and close to the water, will offer high-end finishes, including stone counters and bathrooms, comparable to those at luxury condominiums in Manhattan.

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Peek inside Park and Shore, Jersey City’s ‘ultra luxury’ condo development

07.17.2017

Curbed

The 429 ultra luxury condos of Jersey City’s Park and Shore project are due to hit the market in September, bringing more Manhattan-priced apartments to a place once thought of as a respite from New York’s rising housing prices. With twinkling views of lower Manhattan and access to public transportation connecting it to Manhattan, a new place to plant high-end apartments was born. Park and Shore is comprised of two separate condos, the 358-condo 75 Park Lane and the 71-condo Shore House, spread across two adjacent blocks. 

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Spring fling: the 48 tristate developments hitting the market now

05.04.2017

New York Post

Jersey City’s forthcoming Park and Shore is a two-building condominium development that begins listing units this spring. The larger structure, at 75 Park Lane, reaches 37 stories in height and fits 358 homes; the other, located at 2 Shore Lane, reaches 7 stories and has 71 homes. At the former, layouts range from studios to three-bedrooms and at the latter, there will be one- and two-bedroom apartments. A purchase here also lets you in on a wide selection of over-the-top amenities. There’s a dining room, an area for wine tasting, an entertainment room with surround sound and retractable screens, a spa with steam rooms and saunas, and a game room with billiards, ping-pong and foosball tables.

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New NYC apartments hitting the market: spring 2017

03.07.2017

Curbed

Jersey City’s pair of ultra-luxury condo buildings, developed by Strategic Capital, will bring 429 apartments to the waterfront. The first tower, 75 Park Lane, will rise 37 stories and contain 358 apartments ranging from studios to three-bedrooms, along with some penthouses. The second building, Shore House, will be adjacent to 75 Park Lane, will have 71 one- and two-bedroom apartments, and will feature the industrial style found in Tribeca and Brooklyn. Woods Bagot, who conceived New York City’s Baccarat Hotel, is the project’s architect and interior designer.

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How a Chinese construction giant is planting a flag in New Jersey

02.13.2017

Real Estate New Jersey

Strategic Capital and China Construction America are making their mark in New Jersey by creating new developments on the Jersey City waterfront. Strategic Capital’s new luxury condominium development, Park and Shore, celebrates the growth and redevelopment of Jersey City, while also paying homage to the culture behind its development, one in which owning a home is more popular and comfortable than renting.

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Chinese investing heavily in NYC real estate

02.07.2017

CGTN America

Across the Hudson River from downtown Manhattan, Jersey City is changing fast. The once quiet backyard of New York is seeing a construction boom and much of it is funded by Chinese investments. Strategic Capital and its Chief Development Officer Phillip Gesue embraced the opportunity for investment and growth in Jersey City, and created their new luxury condo development, Park and Shore. Park and Shore will contribute to the expansion and excitement of the new Jersey City market by providing luxury, Manhattan-style living without Manhattan prices.

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Chinese giant breaks ground for Jersey City condo Park and Shore

11.02.2016

Real Estate Weekly

Strategic Capital, the real estate investment arm of China Construction America, broke ground for a new Jersey City luxury condominium last week. Park and Shore is comprised of two distinct buildings, 75 Park Lane and Shore House, located along the Hudson River waterfront. 75 Park Lane and Shore House are situated on adjacent blocks and will each offer a unique mix of residences as well as share a suite of top-tier amenities. Guests at the groundbreaking ceremony included Jersey City Mayor Steven Fulop, China Construction America President Ning Yuan and other local officials.

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Jersey City's Park and Shore Celebrates Groundbreaking & Unveils New Details

11.02.2016

City Realty

Strategic Capital of China Construction America hosted a groundbreaking ceremony for Park and Shore, the real estate investment firm’s Jersey City two-building condominium development. The adjacent properties, situated at 2 Shore Lane and 75 Park Lane, will bring a total of 429 condos to the area, along with a full suite of top-tier amenities. Each will offer a unique set of residences with access to an unbeatable Hudson River waterfront location.

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Chinese builder breaks ground on Jersey City condo complex

10.28.2016

Real Estate New Jersey

Strategic Capital, the real estate investment arm of China State Construction Engineering Corp., on Thursday unveiled its plans for the luxury condominium development. The project will be known as Park and Shore, made up of two buildings at 75 Park Lane and Shore House. Hoping to take advantage of the lack of new condominium construction on the Gold Coast, the firm touted the project in a groundbreaking ceremony attended by China Construction America President Ning Yuan and local officials, including the city’s mayor. The buildings will occupy adjacent blocks and will include a slate of high-end amenities, while taking advantage of Jersey City’s rail and mass transit infrastructure.

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Luxury condo development breaks ground in Jersey City

10.28.2016

NJ Biz

Strategic Capital announced Thursday it has broken ground on a new luxury condominium development, Park and Shore, in Jersey City. The groundbreaking ceremony was attended by Jersey City Mayor Steven Fulop; Ning Yuan, China Construction America president and other local officials. The two building property — 75 Park Lane and Shore House — will be located in the Newport neighborhood along the Hudson River waterfront.

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Real estate investment group breaks ground on 2 condo towers in Jersey City

10.28.2016

Jersey Journal

Strategic Capital, an American investment arm of the largest real estate and construction company in the world broke ground today on two condominium projects scheduled to open in the Newport section of the city by 2018. The Park and Shore project's two buildings will offer a range of high quality residences to the Newport area, which in recent years has seen many new rental buildings but few condominium developments.

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Park and Shore Breaks Ground in Newport, Will Bring 429 Ultra-Premium Condos

10.28.2016

Jersey Digs

After years of mainly rental development, Jersey City’s condo projects are finally coming back to life. Yesterday, two new projects broke ground in the Newport section. The combined development, named Park and Shore, will occupy two adjacent lots along 14th Street, between Washington Blvd and River Drive South. Developed by Strategic Capital, the real estate investment arm of China Construction America, the project will bring a combined 429 condo residences to the area, with ultra-premium finishes and a resort-like amenity package on par with the most sought-after New York City condominiums.

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Park and Shore Luxury Condos Break Ground in Newport

10.28.2016

Jersey City Upfront

The Newport skyline will undergo some major changes in the coming years. Mayor Steven Fulop and executives from developer Strategic Capital recently broke ground on Newport’s newest luxury project — Park and Shore. Park and Shore will consist of two buildings: 75 Park Lane and Shore House. 75 Park Lane will stand 37 stories tall and house 358 residences ranging from studios to three- bedrooms. Across the street will rise Shore House, which developers describe as Tribeca meets Brooklyn. The Shore House will have 71 one-and two-bedroom units.

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Chinese firm starts $350 million condo project in NJ

10.28.2016

China Daily

Looking to capitalize on the rising demand for housing in Jersey City, New Jersey, the real estate arm of China Construction America broke ground on Thursday on a $350 million project. Called Park and Shore, the luxury condominium development in Jersey City’s trendy Newport neighborhood will consist of two buildings. Located across the Hudson River from Lower Manhattan, Jersey City is one of the fastest-growing metropolitan areas in New Jersey and on track to surpass Newark as the state’s largest city.

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New Condos in Jersey City

10.27.2016

News 12 New Jersey

New Jersey's News 12 team highlights the official groundbreaking ceremony for Park and Shore, the first condominium development in Jersey City's waterfront Newport neighborhood in nearly 10 years.

Jersey City will get two 'ultra-luxury' condo towers

10.27.2016

Curbed

A new residential project that will further alter the already-changing Hudson River waterfront is now underway in Jersey City. An ultra-luxury condo helmed by Strategic Capital, the real estate investment arm of China Construction America, is now in the works. The development, named Park and Shore, will consist of two distinct buildings offering units of various sizes and prices. The first, 75 Park Lane, will rise 37 stories and contain 358 apartments ranging from studios through three-bedrooms, along with some penthouses. The second building, Shore House, will be adjacent to 75 Park Lane and will feature 71 one- and two-bedroom apartments. Both buildings will offer amenities that include swimming pools, fitness centers, children’s play area, spas, game rooms, golf simulators, co-working areas, and more.

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