City officials in Bayonne, joined by developers broke ground today on a luxury apartment complex, ’19 East’. The $35M project is slated to open spring 2018.
It’s a win-win situation no matter how you look at it and just what Bayonne needs, according to Mayor Jimmy Davis and Geoffrey Long, development principal — from Collingswood-based Ingerman.
Long says they were working on this project for a good year and a half, trying to bring it to fruition.
The 138-unit luxury apartment building with 200 plus parking spaces on two decks and four stories above will extend from 19th street to 21st street.
Studios and one and two-bedrooms, Long says the building will also boast an on-site gym, yoga room, juice bar, residential community space on each floor, roof decks, and an office center.
According to Long, the price tag to rent here: $1,800 to $2,400.
You can’t underestimate the significance of revitalizing a parking lot.
“Talking about just pumping so much revenue and spending power onto Broadway,” Long says. “It’s really invigorating the retail center.”