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Veris Residential is parting with another portion of the Harborside complex on the Jersey City waterfront, handing the keys of a massive development project to Panepinto Properties. Panepinto acquired Harborside 8 and 9 at 3 Second Street and 242 Hudson Street from Veris for $75 million, NJ.com reported. The four-acre development site already holds full approval for a large-scale residential and retail complex on the Hudson River. At Harborside 8, Panepinto will build a 65-story, 678-unit apartment building with 8,500 square feet of retail space, a 350-space parking garage and a redesigned public park. At Harborside 9, meanwhile, site plan […]

This article originally appeared on The Real Deal. Click here to read the full story.

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