Cortese said Lefrak will make three-bedroom apartments available on request. We advertised that we were starting to take reservations for August and September occupancy on a Sunday and we received 27 of them by 10 a.m. Monday morning, Cortese said. We have 4,000 apartments in nine towers at Newport and they re all rented. Newport s world business center will be built out to 5 million square feet of office space. The mixed-use community also includes the Newport Centre Mall, Hudson s County s only enclosed regional mall.
Demand continues to grow.
People are no longer looking at the Hudson River as a dividing line. It s bringing the community together. The six-minute subway ride to Manhattan doesn t mean anything anymore, and the rents are about half of those in Manhattan. The Hudson River waterfront is one of the state s most sought-after addresses for professionals working in northern New Jersey as well as in Manhattan. One of the biggest factors is proximity to the workplace, said Michael Barry, a principal in the Hoboken-based Applied Cos., which is building rentals and condominium units all along the Hudson waterfront.