111 River, Hoboken. Waterfront working. By Mack-Cali

Transcription

1 111 River, Waterfront working. By Mack-Cali

2 Harborside JC Introduction P. 2 Mixing business & pleasure.

3 Introduction P. 3 Situated on the waterfront, 111 River Street is just one block away from Terminal a major transportation hub with access to commuter trains, light rail, buses, 111 River P. 4 Transportation P. 8 and ferry service. The Terminal s extensive transportation network provides convenient P. 10 access to Manhattan, with direct service to Midtown and Downtown on the PATH, and Amenities P. 14 to all of greater New Jersey.

4 Harborside JC Property 111 River, P. 4

5 Property P. 5 On the Hudson River Waterfront in, 111 River is a landmark class A office tower with sweeping views of the Manhattan Skyline. It features an elegant lobby, maximized natural Availabilities P.6 Floorplan P. 7 lighting, on-site retail including a fitness center, and access to multiple transit options and is just a block from the unique offerings of Washington Street.

6 Property P River East Elevation Total Availability 182,660 RSF Specifications Built : 2002 Height : 13 Floors Loading Docks : Two dock plates (single door) Electrical : 5-watts per square foot -tenant s risers (north & south) 2,500 amps on A Switchgear : Emergency power on 800 amp risers (north electrical closet) and Mechanical riser (south closet) 4000 amps B Switchgear Technology Providers : Verizon, AT&T, Vonage, GTT Communications, FIOS & Direct TV Base Building Cooling System : Water cooled Mammoth units Base Building Heating System : 2nd to 9th Electric base board heaters 1st and 10th to 13th Electric fan powered box heaters Elevators : 10 passenger elevators with 3500 lbs capacity; one 4000 Ibs and one 2,500 Ibs capacity, for parking garage access : Two freight elevators with 5000 Ibs capacity Parking Spaces : 248 parking spaces and covered parking lot FLOOR Hudson River Manhattan Harborside JC 1 Context Map Hudson River

7 Property P River 9th Floor Availability 46,062 RSF Specifications Ceiling Height : 1st floor: 17' 6" slab-to-slab : 2nd to 13th: 9' finished, 13' slab-to-slab Floor Loads : 50 lbs/psf (live load) Column Space : 30' x 30' 9th Floor Office Hudson River

8 Transportation P. 8 LINCOLN TUNNEL GRAND CENTRAL STATION Easy to come by A C E PENN STATION F M B N Q R HERALD SQ D W S 7 Traveling to 111 River Street is a seamless commute on numerous modes of transit, all passing through Terminal. Downtown Manhattan is easily accessible via a 12-minute ride on the PATH, or a scenic ferry ride on NY Waterway across the Hudson River to the Midtown ferry terminal, down to the World Financial Center, or Wall St/Pier 11. This iconic transportation hub also serves as a gateway for NJ TRANSIT bus routes and the Hudson-Bergen Light Rail. Three parking garages are conveniently located near Terminal for those traveling by car. NEW JERSEY TURNPIKE NJ TPK EXIT 14 ABC HOBOKEN TERMINAL 111 RIVER NJ TRANSIT HOLLAND TUNNEL PENN STATION NJTRANSIT, AMTRAK, LIRR RD ST 3 14TH ST 6TH AVE F M 23RD ST F M 14TH ST L BROADWAY ST PARK AVE S 4 5 N Q R W L UNION SQ Manhattan CANAL ST NEWARK PENN STATION H3 HARBORSIDE JC CHURCH ST CHAMBERS ST H5 H A C CHAMBERS ST CHAMBERS ST H4A H1 101 HUDSON WORLD TRADE CENTER TRANSPORTATION HUB/OCULUS LIGHT RAIL Jersey City E W N R CORTLANDT ST FULTON CENTER 4 5 J Z 2 3 A FULTON CENTER C WALL ST NY WATERWAY FERRY LINES NY WATERWAY HARBORSIDE LINE Hudson River RAIL TO AIRPORT

9 Transportation Getting here RIDGEWOOD NJ BY CAR min to Midtown min to Hudson River Manhattan Queens P min to Midtown LONG ISLAND CITY New Jersey BY TRAIN min to MIDTOWN BY TRAIN min to BY TRAIN min to Midtown min to MORRISTOWN BY FERRY 8 min to 54 min to Midtown BY CAR min to WILLIAMSBURG BY TRAIN min to Midtown min to 111 RIVER DOWNTOWN BY TRAIN min to BY TRAIN min to Midtown min to Jersey City 8 min to BY FERRY Brooklyn PRINCETON NJ BY CAR BY TRAIN min to Midtown min to min to Midtown min to Newark Bay Upper Bay

10 P. 10 Ranked 1st Best suburb for millennials in NJ Source: Niche 95 Walkscore Waterfront The large production plants of Lipton Tea and Maxwell House, and the dry docks of Bethlehem Ship building Corporation and Todd Ship building dominated the northern portion for many years. Thomas Edison & the Train Terminal Thomas Edison operated the first electric train from the station to Montclair, New Jersey. The terminal was the first public space in the country to boast central air conditioning. Birthplace of baseball The first officially recorded game took place in in 1846 between Knickerbocker Club & New York Nine at Elysian Fields. Daily errands do not require a car Parks & recreation Four parks were originally laid out within city street grid in the 19th century: Church Square Park, Columbus Park, Elysian Park and Stevens Park. Four other parks were developed later to fit into the street pattern: Gateway Park, Jackson Street Park, Legion Park and Madison Park. Frank Sinatra s most famous son is Frank Sinatra, who was born in a tenement there on December 12, 1915 to Italian immigrants Natalie Dolly Della Garavente and Anthony Marty Martin Sinatra. Marty, a boxer, went by the name Marty O Brien in order to gain access to the town s Irish-only gyms.

11 P. 11 An overview in detail Residents Average Age Education Employment Median Income 53,000 Residents in 31 in New Jersey Professionals with a bachelor s degree or higher, ages in Jersey City Work in a professional field Working population near income $100,000 89% in New York City % 54% Sources: 2012 American Community Survey 2013 Population Estimate 2014 U.S. Census Bureau 2010 U.S. Census United States Census Bureau Fact Finder City-Data 2012 American Community Survey in Brooklyn 33.4 in New Jersey 38.8% in New York City 48.2% in Brooklyn 45.5% Unemployment rate in 1.8% in New Jersey 3.9% in New York City 4.2% in Brooklyn 4% 2015 median household income in $157,111 in New Jersey $72,200 in Manhattan $75,575 in Brooklyn $51,100

12 Neighborhood P. 12 Take a closer look boasts more than just an ideal location and talented workforce its eclectic cultural scene and booming nightlife along Washington Street provides a variety of art, dining, and retail experiences that makes it a big draw for ambitious millennials. Restaurants Texas Arizona The Hub Sports Venue Cadillac Cantina Green Rock Tap & Grill Cafes Starbucks Dunkin Donuts Sunnyside Joboken Café Fitness Crunch Prime Cycle Bum Pilates The Bar Method Services/Retail W CVS Walgreen s Basic Organic Grocery Biggie s The Roost Outpost Jiu Jitsu Aspen Marketplace The Dubliner Carlo s Bakery Powerflow Yoga Cooper s Union Vivi Bubble Tea Renaissance The Studio Spa Diner Empire Coffee & Tea Co Retro Fitness Basile s Pizza Bluestone Lane Planet Fitness Wicked Wolf Tavern O Bagel New York Sports Club Union Hall La Bouche Café Surya Yoga Academy The Ainsworth Bwe Kwafe Halifax House of Que Del Frisco s Grille Birch T Thai The Winston McSwiggan s Pub La Isla

13 Harborside JC Neighborhood The mile-square town with a lot to offer P. 13

14 Amenities P. 14 The whole package and more Technology Transportation On Site Services Retail & Dining Wired Certification Gold Light Rail Path Fitness Center Day Care Dining Catering High-speed Internet Train Ferry Hospitality Financial Institutes Fast casual fare Boutique Extensive List of Carriers Bus Hudson Bike Share Parking Car Rental Stores Dry Cleaning

15 Incentives P. 15 A rewarding decision With state incentives available to tenants of the NJ Gold Coast, relocation becomes a strategic business move. Gross Annual Benefit/Employee Urban Transit Hub Municipality $5,000 Transit-oriented development $2,000 Large numbers of new full-time jobs are elegible $500 $1,500 Gross Annual Benefit/SF These are credits per employee offered by the State of NJ (NJS) to be applied against NJS Corporate Taxes. Insurance companies and partnerships are not eligible. Credits may be traded for cash payments with NJS or sold in the market. The benefits are available for up to 10 years and the Minimum Full-Time Employee Requirements are: 251 to 400 $500 +$ to 600 $750 +$ to 800 $1,000 +$ to 1,000 $1,250 +$6.25 1,001+ $1,500 +$7.50 Industry Tech start-ups and manufacturing businesses 10/25 Other targeted industries 25/35 All other businesses/ industries 35/50 Minimum New/ Retained Full-Time Jobs 7.50Business in a targeted industry: Defense, Energy, Finance, Health, Life Sciences, Logistics, Manufacturing, Technology and Transportation $500/employee p.a + $2.50 For Non-Industrial Tenants, Minimum Capital Expenditure is (Base Building Work, TI and Tenant FFE all count towards this number): Average salary > county s existing average (currently $50,006): Total Potential Benefit Range (Per Employee per Annum) $250 (if 35% over), $500 (if $70% over), $750 (if 105% over) $7,000 $9,750 + $1.25 $ $ $48.75 Industry Existing Projects $40 New Construction Projects $120 Minimum New/ Retained Full-Time Jobs 120Each retained job receives 50% of the new job benefit, not to exceed the capital expenditure. Companies on the Jersey and waterfronts Omnicom Jersey City Newell Forbes Jersey City Jet Tony Burch Jersey City Pearson Goya Jersey City Thomson Reuters Goldman Sachs Jersey City

16 Early birds & go-getters. For more information on leasing/retail opportunities and to schedule a tour David Hollander Executive Vice President david.hollander@cbre.com Jeffrey C. Babikian Executive Vice President jeffrey.babikian@cbre.com Robert Norton First Vice President robert.norton@cbre.com Zak Snider First Vice President zakery.snider@cbre.com Brett Shannon Vice President brett.shannon@cbre.com harborsidejc.com September 2018 Designed & Produced By REA By Mack-Cali