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Namdar’s 15-Story Journal Square MXU Breaks Ground

Jersey City Mayor Steven M. Fulop joined representatives of Namdar Group last week to break ground on a 15-story mixed-use tower at 87 Newkirk St. in the Journal Square neighborhood. It represents the first Jersey City development for the Namdar Group, a privately held real estate investment firm based in Great Neck, NY.

“Namdar Group strategically invests in markets that have significant growth potential, and Jersey City – particularly the Journal Square neighborhood – certainly fits that criteria,” said Effy Namdar of Namdar Group. The 87 Newkirk project will comprise 132 residential units, 25,000 square feet of shared office space and 1,500 square feet of retail.

The project team includes C3D Architecture, Severud and Associates as the structural team and KEA as the MEP engineers.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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