C&W gets exclusive agency for Harsimus Cove South.C&W gets exclusive agency for Harsimus Cove South Cushman & Wakefield of New Jersey, Inc. has been named as the exclusive agent for Harsimus Cove South, a 52.5-acre tract of land on the prestigious waterfront of Jersey City, New Jersey. The Harsimus Cove South site is strategically situated between the Newport development, a $2 billion, 270-acre mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses. , and Harborside Financial Center which has leased nearly two million square feet of space. Individual parcels are available for sale, lease or joint venture. The marketing program is being handled by the Cushman & Wakefield brokerage team of Norman Baker For other persons named Norman Baker, see Norman Baker (disambiguation). Norman John Baker (born 26 July 1957 in Aberdeen) is a British politician. He is the Liberal Democrat Member of Parliament (MP) for Lewes. , senior director, and Andrew Merin, senior director, out of C&W's East Rutherford, New Jersey East Rutherford is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 8,716. By an act of the New Jersey Legislature on April 17, 1889, a portion of the old Union Township was incorporated under the name of office. Located opposite the World Trade Center along the banks of the Hudson River Hudson River River, New York, U.S. Originating in the Adirondack Mountains and flowing for about 315 mi (507 km) to New York City, it was named for Henry Hudson, who explored it in 1609. Dutch settlement of the Hudson valley began in 1629. , the Harsimus Cove South site can accommodate a mixed-use development encompassing eight million square feet of commercial office space with on-site garage parking and over 2,200 residential units. In addition, there are 30 underwater acres allotted al·lot tr.v. al·lot·ted, al·lot·ting, al·lots 1. To parcel out; distribute or apportion: allotting land to homesteaders; allot blame. 2. for the development of a 250-boat marina. Among the incentives associated with the property are property tax abatements for up to two million square feet of commercial space and 2,200 residential units, and the financial advantages of being located within Jersey City's Urban Enterprise Zone urban enterprise zone: see enterprise zone. . Enterprise Zones afford businesses several important tax benefits, including eligibility for corporate business tax credits, significant unemployment insurance tax discounts, and reduced sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. rates. PHOTO : In attendance for the announcement at Cushman & Wakefield's East Rutherford, New Jersey Office were (from left) Norman Baker, C&W's senior director; Thomas J. Leane, Director/project coordinator of National Bulk Carriers' Harsimus Cove South; Bertil J. Kaudern, vice president of engineering & Construction for National Bulk Carriers, and Andrew Merin, C&W's senior director. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion