Monday, March 2, 2009

Panepinto Properties Recognizes Joseph Panepinto Achievement

Founder and President of Panepinto Properties Joseph Panepinto joins the Advisory Board of the International Institute of New Jersey. “Jersey City has always been a focal point in my life. I grew up, raised a family, and forged my profession in this illustrious and diverse city” said Mr. Panepinto. With a track record built on both insight and passion, Joseph Panepinto has established and nurtured a vibrant company, and at the same time rebuilt the city he loves. Through Panepinto Properties, his passion endures and is the vehicle for the many great plans and dreams he has for the future.

Panepinto Properties sensing opportunity and growth in the early 1990s Joseph Panepinto added the Jersey City Waterfront Area to his portfolio. By the late 1990s, the demand for “Class A” office and luxury residential space had increased. In partnership with Applied Development Company, Panepinto Properties developed The Gotham (1999), the first luxury residence off the Jersey City waterfront since the 1950s. In partnership with Mack-Cali, Panepinto added Harborside Plaza 10 (2002), a magnificent 600,000 square foot office tower built for Charles Schwab & Co., to its portfolio. Columbus Plaza, a 1.9 million squarefoot residential/commercial complex, completed the first tower, 50 Columbus, in September 2008. 70 & 90 Columbus are currently in design, and Trump Plaza, the two tallest residential towers in New Jersey, totaling 862 units, completed Phase I tower in 2008. In addition to these striking waterfront properties, Panepinto Properties continues to develop at Journal Square. State square is a stunning residential complex completed in 2005. It is the first large-scale residential development at Journal Square in over 30 years. View these projects at http://www.panepintoproperties.com.

Jersey City … The true land route west
As President and CEO of Panepinto Properties, I am expanding upon my long-held belief that Jersey City is a treasure trove waiting to be rediscovered. This idea is rooted in Alexander Hamilton’s original vision for Jersey City as the major regional port city. In Hamilton’s view, as in mine, Jersey City has it all — a convenient location on the Hudson Riverfront, easy access to seaports and other avenues of transportation, and unlike New York City, it is not surrounded by water on all sides, making it the true land route west. For more information go to: http://www.panepintoproperties.com.

Panepinto Properties, Inc.
3 Second Street, Suite 1203
Jersey City, NJ 07311
201-521-9000
info@panprop.com
http://www.panepintoproperties.com