Partners announce $110m Gold Coast project.The Athena Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and GoldenTree InSite Partners, announced today that they have formed a partnership to develop the newest condominium to rise on Jersey City's waterfront, "A" Jersey City, a $110 million project just one block west 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 project will include a 33 story tower with 250 condominium units; 10,500 square feet of retail space and a 238 space parking garage. Construction is set to begin next month. "A Condominiums" will have a distinctive brick and glass facade designed by the internationally renowned architectural firm, The Hillier Group, in association with Schuman, Lichtenstein, Claman and Efron Architects. In addition, each residential unit will have a balcony offering panoramic river and city skyline views. Other amenities include: 24/7 concierge and personal assistant services; private fitness center; magnificent sunset terrace and 9'4" ceilings, among others. "Jersey City is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of a phenomenal housing boom and we are confident that A Condominiums will play a major role in the continuing growth and development of this great city," said Louis Dubin, Athena's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are delighted to be partners with Athena, one of the best residential developers in the country. Our project will have excellent access to Manhattan by automobile or public transportation," said Tom Shapiro, President of GoldenTree InSite Partners. "Due to the rising cost of housing in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Jersey City represents an attractive alternative for high net worth apartment seekers who want to remain in the metropolitan area," he said. The Athena Group, LLC is a private real estate investment and development company based in New York City. Its management team has an average of 21 years experience in all aspects of real estate acquisition, development, finance, and ownership of real estate assets. GoldenTree InSite Partners was formed in March as a joint venture between GoldenTree Asset Management, a $7 billion investment management firm specializing in the management of leveraged financial assets Financial assets Claims on real assets. and Tom Shapiro. In May, Josh Pristaw, a former Principal and co-head of Acquisitions at Coventry Real Estate Advisors, joined as a founding partner. Matthew Ross and J.R. Herlihy have recently joined the firm as well. Mr. Ross was previously with Sterling American Property and Mr. Herlihy joins from GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Commercial Holding Capital Corp. The venture was formed to invest in value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. real estate transactions through direct equity investments as well as mezzanine lending activities. |
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