Real Estate

Mayor Fulop joins representatives of ‘The One’ at ribbon-cutting ceremony for First Street Park

PRESS RELEASE

PRESS RELEASE

JERSEY CITY, N.J. (Dec. 21, 2017) — Jersey City Mayor Steven Fulop joined executives from BLDG Management Co., Inc. on Monday at a ribbon-cutting ceremony celebrating the opening of First Street Park. Located at 108 First Street, adjacent to The One in Jersey City’s Powerhouse Arts District, the revitalized 8,000-square-foot park brings ample green space, public seating areas and a fully enclosed dog park to the fast-growing neighborhood.

BLDG, developer of The One – a premier rental community offering a mix of 450 studio, one- and two-bedroom luxury apartments located at 110 First Street – oversaw the park renovation as part of its ongoing effort to invest in the downtown Jersey City community.

“We’re excited to bring this space to life providing both members of the community and residents of The One with a beautiful outdoor setting to relax, enjoy and spend time with each other and their dogs,” said Lloyd Goldman, principal of BLDG Management Co., Inc., which developed The One in a joint-venture partnership with Ares Management, L.P. and Urban Development Partners. “We value being a part of the Jersey City community, and we’re excited to be able to contribute to the enrichment of the city with projects like First Street Park, which adds another vibrant dynamic to the Powerhouse Arts District.”

Open to the public, the renovated First Street Park features thoughtful landscaping, beautiful fountains and park benches, as well as outdoor games like hopscotch, backgammon and chess and checkers tables. Another key feature of the park is two fully-enclosed dog run areas, including pet-friendly water fountains, where dog-owners can bring pets for off-leash play and exercise.

“Today’s celebration not only commemorates the opening of the First Street Park, but serves as another step forward in our mission to build a greener Jersey City,” said Jersey City Mayor Steven Fulop. “As an Administration, we have prioritized parks and open space, and I am excited that this beautiful new park provides yet another space for the community to visit, relax, and enjoy.”

Residents at The One enjoy next-level luxury amenities, including a world-class fitness center with its own yoga studio, media theater room, children’s playroom, gaming room, virtual golf, residents’ lounge with catering kitchen and billiards and additional storage space. Outdoor amenities include a pool with private cabanas and an expansive landscaped sun deck, picnic and lawn area, barbecues and fire pit. Additionally, sitting 37 stories high, a sky lounge with a kitchen and adjacent roof deck provides residents with a perfect place for entertaining guests with a direct view of New York City.

For commuters, The One is just a short walk from Jersey City’s Grove Street, Pavonia/Newport and Exchange Place PATH stations. The Hudson-Bergen Light Rail stop is conveniently located right outside of the building, which is also just a short drive to the Holland Tunnel. Residents also benefit from the presence of an on-site parking garage, bike storage, an immediately adjacent Citi Bike station, as well as a 24-hour attended lobby.

Prospective residents of The One can visit www.theonenj.com. Retailers interested in the remaining available ground-floor space at The One can contact Robert Mackowski at rmackowski@rkf.com or Jerry Rockoff at jr@rkf.com. RKF, the exclusive retail leasing agent for the property, is currently marketing the remaining 885 square feet of retail space on the ground floor.

About BLDG Management Co., Inc.

BLDG Management Co., Inc. is a privately owned, multigenerational, full-service real estate company. BLDG and its affiliates build, manage, own and operate rental properties throughout the United States. With its headquarters and over 400 employees in New York City, BLDG manages several hundred properties in the region. The ownership and employees of BLDG take great pride in maintaining their properties to a higher standard of excellence, which provides it tenants — both residential and commercial — with a better rental experience. BLDG’s properties are known to have superior levels of service, amenities, cleanliness, personal attention and tenant retention.

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