Meet NYC’s Next Great Commuter City: According to NJ’s NRIA, West New York offers value, culture and a quick ferry ride to the Big Apple
SEACAUCUS, NJ / ACCESSWIRE / January 31, 2022 / National Realty Investment Advisors (NRIA), a leading developer of luxury real estate on the East Coast, announces that West New York, New Jersey appears to be the next big commuter town in New York City.
The community of almost 50,000 people offers lively boulevards and a wealth of art and culture. It’s just outside of Manhattan and cheaper than the metropolis next door.
A perfect solution for Manhattan renters looking to escape the city’s tight spaces and high prices, says Glenn La Mattina, NRIA’s Chief Operating Officer. A growing number of Manhattanites are getting tired of New York City, he says, but don’t want to stray too far.
NRIA, which develops luxury real estate in West New York, sees the city as an excellent investment. West New York, along with its neighbors Jersey City, Hoboken, Weehawken, Guttenberg, and others, is part of New Jersey’s so-called “Gold Coast.” These Hudson Waterfront communities are becoming increasingly attractive because of their easy access to New York City via public transportation.
As the Manhattan workforce returns fully or partially to the office post-COVID, many are reassessing their work and life arrangements. “They want to stay close to their work,” says Rich Stabile, NRIA’s senior vice president of acquisitions, construction management, and sales.
Enter western New York.
Easy access to the New York Waterway Ferry, the standard option to get to New York City, makes for a quick and pleasant ride from West New York to Manhattan. Add to this the NJ Transit PATH trains and express bus service to Port Authority, not to mention the many private jitneys in the area, and coastal cities like West New York have become bastions for renters in Northeast New Jersey.
“West New York embodies everything that made places like Hoboken so attractive before the pandemic,” says Stabile of NRIA. “It’s a great commuter city. We took the city and state’s decision to promote light rail in the region and rode it. We are building a 14-story, two-tower rental community within walking distance of the Hudson-Bergen train station.”
Construction on NRIA’s two sister towers in western New York that Stabile is talking about, The Grand at 51st Street and The Metro at 52nd Street, began last summer.
Each tower will offer 156 rental apartments. Both will include a variety of amenities, from a rooftop terrace with seating and BBQ facilities to a fitness center, 24-hour take-away shop and shared “work at home” offices with high-speed printers.
For those with a car, a new 495-space car park will connect the two towers. A joint venture between NRIA and West New York, the garage will be available to residents of the rental communities as well as the general public.
In addition, NRIA is building The Station in West New York, a luxury condominium complex at 4901 Bergenline Ave. that will include a variety of luxury amenities for residents and a parking garage with automated hydraulic technology that will allow cars to be parked without a driver.
But NRIA isn’t the only real estate developer considering West New York as the next great New York commuter city. The communities’ unique subculture, proximity to Manhattan, and affordability draw builders along the East Coast to the waterfront community. And renters and buyers are quick to follow.
“It’s the right place at the right time for West New York,” says Stabile of NRIA. “It’s nice to see the community getting the attention it deserves.”
Headquartered in Secaucus, New Jersey, NRIA has earned its reputation as one of the premier real estate developers in the United States with a history of more than ten years providing the highest quality construction.
For more information on NRIA, see
Dawn Ouellette Nixon
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