Kushner names C&W retail leasing agent at Landings.

Cushman & Wakefield has been appointed exclusive leasing agent for the retail component of The Landings at HarborSide development in Perth Amboy, announced Ira Bloom, director of commercial leasing for Kushner Properties. The $600 million mixed-use project is under construction in the city's historic marina district.

Michael Stone and Justin Stein, Cushman & Wakefield's New Jersey retail specialists, have been selected to market the approximately 150,000 s/f of retail space planned for the entire Landings at HarborSide development.

Their retail services team is targeting local, regional and national retailers for the 27,500 s/f of ground-floor space currently available in Phase 1. When completed, The Landings at HarborSide will include 2,100 residential units and abundant amenities, including a marina, parks, recreation and a future hotel site. The location affords easy access to the New Jersey Turnpike, Garden State Parkway, Routes 287 and 440, and public train and bus service. It is also just minutes from Perth Amboy's thriving downtown.

"We are extremely pleased to have Cushman & Wakefield, a full-service brokerage with an outstanding reputation in the metropolitan area, to represent us on such a significant project," noted Bloom. "Additionally, Mr. Stone's and Mr. Stein's experience and expertise with urban redevelopments such as this make them an ideal choice for The Landings. The energy they bring to the table matches the excitement surrounding this project."

Kushner Properties is the commercial leasing and management division of Kushner Companies, a diversified real estate organization based in Florham Park.

In 2000, Kushner Companies' construction arm--Westminster Communities--was designated the redeveloper of approximately 49 acres along Perth Amboy's waterfront.

Westminster Communities is now constructing the first two residential complexes for Phase 1 of The Landings, with the third about to begin. The Admiral and The Bay View, scheduled for occupancy during 2006, include a total of 164 luxury condominiums and townhomes, underground parking, 8,600 s/f of ground-floor retail space, and a 6,000 s/f health club. The Forrestal will feature 68 residential units with in-building garage parking and roughly 18,900 s/f of retail amenities.

Response to the luxury housing in the waterfront community has been tremendous. The Admiral condominium towers virtually sold out within weeks of initial marketing, and more than 75% of The BayView units have been pre-sold. And buyers continue to visit The Landings' Sales and Design Center.