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Kushner Real Estate acquires roughly 2-acre site for Jersey City towers for $48.5 million

Developer plans two more multifamily high-rises on Hudson River waterfront
A rendering depicts the eastern and western residential towers that Kushner Real Estate Group plans for 808 Pavonia Ave. in Jersey City, New Jersey, which will also be home to the Centre Pompidou x Jersey City art museum. (CoStar)
A rendering depicts the eastern and western residential towers that Kushner Real Estate Group plans for 808 Pavonia Ave. in Jersey City, New Jersey, which will also be home to the Centre Pompidou x Jersey City art museum. (CoStar)
CoStar News
September 27, 2024 | 3:15 P.M.

Kushner Real Estate Group has paid $48.5 million to acquire a roughly 2-acre site in Jersey City, New Jersey, where it plans to build two apartment towers after receiving a municipal tax abatement.

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