Jersey City luxury apartments get US$331 million loan from CDPQ
Summary
Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Get email updates from your favourite authors Sign In or Create an AccountThe US$331 million financing, led by Canadian pension fund Caisse de D\xe9p\xf4t et Placement du Qu\xe9bec, will be used to build 50 Hudson St., according to a statement. As part of the project, Tishman Speyer will create a public plaza connecting with Jersey Citys waterfront esplanade.Your weekday lunchtime roundup of curated links, news highlights, analysis and features. Please try againIntense competition for apartments in Manhattan is keeping rents close to record highs, making luxury towers in Jersey City a potentially attractive option for both tenants and investors. Tishman Speyer is already constructing the first phase of its waterfront apartment project, at 55 Hudson St. That 58-story building, with 1,017 units, is expected to open in early 2027.