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Birch Group Closes on 42-Story Jersey City Office Tower Purchase

Seller Veris Residential Also Has Deal To Sell Recently Renovated Harborside 1/2/3 for $420 Million
Veris Residential completed its sale of 101 Hudson St. on New Jersey's "Gold Coast" for $346 million. (CoStar)
Veris Residential completed its sale of 101 Hudson St. on New Jersey's "Gold Coast" for $346 million. (CoStar)
By Rachel Whaley
CoStar Research
October 10, 2022 | 8:34 P.M.

The Birch Group, a privately held real estate investment firm based in Jersey City, New Jersey, closed on its biggest office acquisition to date, buying the 42-story office tower at 101 Hudson St. in its headquarters city from Veris Residential for $346 million, or about $257 per square foot.

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