Rents at Journal Squared — the first of three new towers by developers KRE Group and National Real Estate Advisors — are expected to start at $1,850/month for a studio, reports The Wall Street Journal. One-bedroom units will start at $2,100/month and two-bedroom units at about $3,200/month.
More than 50% of the units will be 1BR and more than 25% will be studios. The 563-foot tower (the third largest in Jersey City) will have an outdoor swimming pool, deck, a gym, and a sky lounge on the 53rd floor. The developers have also released this new drone video of the tower.