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Toll Brothers Wraps Work on Jersey City Condo Project

Toll Brothers City Living and Sculptor Real Estate, the real estate business of Sculptor Capital Management Inc., have completed construction and begun closings at 151 Bay St. in downtown Jersey City. Located in the Powerhouse Arts District, 151 Bay Street rises 34 stories and offers 259 luxury condominiums.

“We are excited to welcome our first homeowners to their new residences and thrilled with the positive response we have received from the community,” said David Von Spreckelsen, president of Toll Brothers City Living. “The exceptional amenities, finishes, and location of 151 Bay St. have been in great demand among homebuyers. Sales have been brisk since opening our doors and we are now over 75% sold.”

Designed by SLCE with interiors by Bernheimer Architecture, 151 Bay St. is the third and final building surrounding the newly created Provost Square, a pedestrian-friendly plaza on Provost Street between Morgan and Bay Streets in Jersey City. Prices at the new development begin in the low $800,000s.

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Inside The Story

Toll Brothers City Living's Spreckelsen

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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