CHASE Bank, a new branch location opens its doors at the luxury rental building, 50 Columbus located in the heart of Jersey City’s vibrant downtown district.
50 Columbus residence will enjoy the convenient location of Chase Bank’s new branch situated on the ground floor adjacent to the building lobby. Just one block from the recently-renovated Grove Street PATH Station, the striking 36-story residential tower features 400 premium rental residences and an impressive offering of amenities, according to Applied Development Company and Panepinto Properties, which developed the building.
“In addition to all of the building amenities, having Chase Bank as an anchor tenant provides a needed service to our residents and the community,” points out Joseph Panepinto, a principal of Panepinto Properties.
Panepinto Properties is a real estate development company founded in 1977 by Joseph Panepinto. Since then, the company has distinguished itself as a pioneer in outstanding commercial, residential and mixed-use urban developments throughout Jersey City. Panepinto Properties’ impressive portfolio includes (completed and to be built) 3 million square feet of office space, more than 3,000 units of luxury rental housing and more than 130,000 square feet of retail space.
For more information go to:
Panepinto Properties, Inc.
Harborside Plaza Ten
3 Second Street, Suite 1203
Jersey City, NJ 07311
201-521-9000
info@panprop.com
http://www.panepintoproperties.com
Panepinto Properties is a real estate development company founded in 1977 by Joseph Panepinto. Since then, the company has distinguished itself as a pioneer in outstanding commercial, residential and mixed-use urban developments throughout Jersey City. Panepinto Properties’ impressive portfolio includes (completed and to be built) 3 million square feet of office space, more than 3,000 units of luxury rental housing and more than 130,000 square feet of retail space.
The Berlin Wall Memorial, four authentic pieces of the historic wall to be the largest standing parts in the US, will be located on the waterfront in Jersey City’s vibrant downtown district and will commemorate the 20th anniversary of the fall of the Berlin Wall.
William La Rosa, of the Department for Culture and Tourism in Hudson County, New Jersey, announced the gift pieces of the Berlin Wall from Oberhavel County, East Germany at the direction of Oberhavel County Executive Karl-Heinz Schroter. Hudson County and Oberhavel County have been sister’s counties since the year 2000. The two counties have been involved in student cultural and sports exchanges as well as business exchanges.
Hudson County Executive Thomas A. DeGuise first approached Joseph A. Panepinto, a real estate developer from Panepinto Properties, requesting this location of the memorial on the property outside of Harborside Plaza Ten on the waterfront walkway. In partnership with Mack-Cali, Panepinto Properties will be permitting the installation of the Berlin Wall Memorial for Peace. The pieces of the wall will be positioned on the Hudson River opposite the former World Trade Center site. The monument is aligned so that it faces Manhattan and the site of the planned Freedom Tower, where on September 11, 2001 the World Trade Center skyscrapers were destroyed. “Then, two memorials for peace and freedom will be directly opposite each other,” explained DeGuise. Information panels will also be displayed so students and visitors will understand the significance.
“Jersey City has always been the gateway for opportunity for individuals from countries all over the world. This location for the Berlin Wall Memorial across the Hudson River opposite the Freedom Tower is an excellent symbol for international peace,” states Joseph Panepinto.
November 9, 2009 is the 20th anniversary of the fall of the Berlin Wall and in effect the fall of communism in Germany and Eastern Europe explains William La Rosa. The monument is expected to be completed in the Fall of 2009 along with a ceremony to mark this historic occasion. The design concept was generously donated by Dean Marchetto along with engineering services by Malcolm Pirnie. Joseph Panepinto, Jr along with his sister Stephanie Panepinto are apart of the Berlin Wall Memorial Committee.
For more information contact:
Panepinto Properties
3 Second Street, Suite 1203
Jersey City, NJ 07311
201-521-9000
info@panprop.com
http://www.panepintoproperties.com
Panepinto Properties is a real estate development company founded in 1977 by Joseph Panepinto. Since then, the company has distinguished itself as a pioneer in outstanding commercial, residential and mixed-use urban developments throughout Jersey City. Panepinto Properties’ impressive portfolio includes (completed and to be built) 3 million square feet of office space, more than 3,000 units of luxury rental housing and more than 130,000 square feet of retail space.
Jersey City Museum’s Sixth Annual ArtRageous Ball will take place on Thursday, April 30, 2009 at brand-new Westin Hotel Jersey City, a premier venue located in the waterfront financial district of Jersey City.
Each year the ArtRageous Ball is host to a sell-out crowd comprised of real estate developers, financial services professionals, artists, cultural enthusiasts and elected officials from the local area and throughout the state. Among last year’s attendees was Joseph Panepinto from Panepinto Properties. Panepinto Properties has been a corporate sponsor of the museum for the past several years and continues to support the ArtRageous Ball each year.
This year’s ArtRageous Ball promises to be the most dazzling to date and will feature colorful cocktails, a silent art auction showcasing the works of renowned artists from throughout the tri-state area, and an exciting 50/50 raffle. Dinner, drinks, dancing, and mingling will round out the evening.
Last year’s featured Luxury Raffle prize was a privately catered party cruise around the Hudson River for 40 people aboard The Valiant Yacht, http://www.valiantyachtcharters.com, donated by Panepinto Properties. Stephanie Panepinto, principal at Panepinto Properties - a real estate development company based in Jersey City, is on the Board of Trustees at the Jersey City Museum and Chairman of the Development Committee. Her continued commitment and support has helped foster the growth of the Jersey City Museum.
Situated in the midst of the downtown revitalization of Jersey City, Jersey City Museum has been called “a cultural gem” by New Jersey Life Magazine and last year was listed as one of the top five things to see in Jersey City by AM New York. All proceeds from the ArtRageous Ball benefit the Jersey City Museum's general operations, which assist in welcoming over 25,000 visitors each year, including the 11,000 children who attend arts education programs.
Fidelity Investments is the Lead Sponsor of the 2009 event. Panepinto Properties, Bank of America, JPMorgan Chase, PSE&G and Sovereign bank are also sponsors at this year’s event.
For more contact the museum’s event hotline at 201-413-0303 or go to: http://www.artrageousball.com.
Panepinto Properties
3 Second Street, Suite 1203
Jersey City, New Jersey 07311
201.521.9000
info@panprop.com
http://www.panepintoproperties.com
JERSEY CITY – 50 Columbus, a spectacular new ultra-luxurious rental building, is located in the heart of Jersey City’s vibrant downtown district.
Conveniently located just one block from the recently-renovated Grove Street PATH Station, the striking 36-story residential tower features 400 premium rental residences and an impressive offering of amenities, according to Applied Development Company and Panepinto Properties, which developed the building.
Residents also enjoy the convenience of enclosed parking, 39,000 square feet of ground floor and mezzanine-level retail space, and new on-site access to the PATH Station.
Designed by world-renowned architect Costas Kondylis, with interiors by celebrated designer Andres Escobar, the building is notable for a soaring, 24-hour-attended lobby with 19-foot ceilings, floor-to-ceiling glass, a professional concierge and a unique water feature.
“Residents also enjoy an upscale, hotel-like recreational experience stemming from a full-floor amenities space that includes a lounge, theater/screening room, card and billiard rooms, children’s play area and business center,” points out Stephanie Panepinto, a principal of Panepinto Properties.
“A private landscaped rooftop deck features a swimming pool, cabanas, BBQ area and tennis court. In addition, the on-site Club H Fitness Center and Spa offers state-of-the-art fitness equipment, a Juice Bar with an expansive menu, nutritional advisors and Personal Trainers.”
For more information on 50 Columbus, visit the on-site management office, located at 50 Christopher Columbus Drive, Jersey City; call 201.434.2700 or visit the website at http://www.50columbus.com.
Panepinto Properties is a real estate development company founded in 1977 by Joseph Panepinto. Since then, the company has distinguished itself as a pioneer in outstanding commercial, residential and mixed-use urban developments throughout Jersey City. Panepinto Properties’ impressive portfolio includes (completed and to be built) 3 million square feet of office space, more than 3,000 units of luxury rental housing and more than 130,000 square feet of retail space.
For more information go to:
http://www.panepintoproperties.com
201.521.9000
JERSEY CITY – State Square, Rental Residences including prime retail and parking garage located in the heart of Jersey City’s bustling Journal Square.
State Square is a 12-story, 130-unit rental residence, with 15,000 square feet of prime retail and a new eight story 400-car parking garage. Built in 2005, this is the first major residential project at Journal Square in 20 years. Financed by tax exempt NJ State Bond issue, State Square provides 30 units of affordable housing.
State Square is a magnificent addition to Jersey City’s Journal Square district. The buildings unique one-dimensional design uses bands of colored brick to achieve a textured and variegated façade. “The contemporary exterior provides a stunning counterpoint to the historic buildings that surround it,” points out Joseph Panepinto, President & CEO of Panepinto Properties. The developer of the property--a consortium whose principals include The Alpert Group, Applied Development Co., Panepinto Properties, Harwood Properties and former Congressman Frank Guarini.
State Square is ideally located in the center of Journal Square near one of the Port Authority's largest metropolitan hubs. Thus, commuting by public transportation is possible to Manhattan and every town in Hudson County via the PATH trains, the Hudson-Bergen Light Rail and express busses and ferries. By attracting new residents to the area and providing additional retail services, State Square is an important catalyst to continuing the revitalization of Journal Square.
“As a St. Peter’s College student I used to come Journal Square in my spare time and have great memories of the areas vitality,” notes Joseph Panepinto. With a portfolio of complete and to-be-built residential and commercial properties in Journal Square, Joseph Panepinto envisions the revitalization of Journal Square in the recent years to come. State Square marks one of Jersey City's most significant off-river residential development efforts.
Panepinto Properties is a real estate development company founded in 1977 by Joseph Panepinto. Since then, the company has distinguished itself as a pioneer in outstanding commercial, residential and mixed-use urban developments throughout Jersey City. Panepinto Properties’ impressive portfolio includes (completed and to be built) 3 million square feet of office space, more than 3,000 units of luxury rental housing and more than 130,000 square feet of retail space.
For more information go to:
Panepinto Properties
Harborside Plaza Ten
3 Second Street, Suite 1203
Jersey City, NJ 07311
201-521-9000
info@panprop.com
http://www.panepintoproperties.com
JERSEY CITY - When the financial tornado on Wall Street first hopped across the river to roil the economy here, Mayor Jerramiah T. Healy sounded a bit like someone hit by flying debris — stunned, and still patting himself down to check for missing parts or grievous wounds.
“It’s scary,” he said. “And it’s going to be challenging.” Lehman Brothers Holdings Inc. had filed for bankruptcy and Merrill Lynch had agreed to a takeover, and for this city on the Hudson River known as “Wall Street West,” that could mean, according to the mayor’s quick calculation, a loss of about 2,000 jobs at just two offices located within a couple of blocks of each other.
The mayor instantly predicted that the damage to his city, tied more than any other in New Jersey to Wall Street, by virtue of proximity and PATH train, was not over.
In the next instant, however, he began pointing to why he believed that the city’s real estate markets, both commercial and residential, would survive and even thrive. “The good news is we still have all our greatest assets — the biggest collection of very reasonably priced A-1 office space, located right next to the cultural and commercial financial center of the world, abundant and varied options on types of housing; four PATH stops, four ferry stops and light rail.”
Over the last week, even as disorientation seemed to become daily reality in the financial world, various major players in Jersey City real estate, like brokers, developers, and analysts, said that they could find some strong reasons to agree, at least cautiously, with the mayor’s optimism.
“No matter what happens,” said Joe Panepinto Jr., a locally based developer, “Jersey City is going to be saved by the cost differential.” The economic challenges will make that even more imperative. “If you’re a big company, and things are hurting, the first thing you do is look at cutting labor costs,” said Mr. Panepinto, who is a principal with his father in Panepinto Properties. That will hurt Jersey City, he said. But the next thing an executive considers to save money is cutting real estate costs, and that, he predicted, “will lessen the effect of job loss.”
Mr. Panepinto, along with other developers and the financial-services firm Cushman & Wakefield, said that prime office space in Jersey City often costs less than half of what comparable space in Manhattan does. Ken McCarthy, Cushman’s director of research, said that the average cost of first-class office space on Jersey City’s waterfront is $33.13 per square foot, while in Manhattan; it is $84.18 per square foot. For residential real estate, the difference is roughly the same.
For the full article go to: http://www.nytimes.com/2008/09/21/realestate/21njzo.html?_r=1&fta=y Panepinto Properties is a real estate development company founded in 1977 by Joseph Panepinto. Since then, the company has distinguished itself as a pioneer in outstanding commercial, residential and mixed-use urban developments throughout Jersey City. Panepinto Properties’ impressive portfolio includes (completed and to be built) 3 million square feet of office space, more than 3,000 units of luxury rental housing and more than 130,000 square feet of retail space.
For more information go to:
Panepinto Properties
Harborside Plaza Ten
3 Second Street, Suite 1203
Jersey City, NJ 07311
201-521-9000
info@panprop.com
http://www.panepintoproperties.com
JERSEY CITY – Harborside Financial Center Plaza 10, Class A office building, is located in the heart of Jersey City's vibrant downtown waterfront area. Ground floor retail space of 3,000 square feet and 16,000 square feet with Hudson River views.
Harborside Financial Center Plaza 10 is a state-of-art, Class A urban office building built in 2002 as Charles Schwab & Co’s east coast headquarters. Joseph Panepinto, a real estate developer based in Jersey City, envisioned this corporate complex in three phases: Plaza 10, a 19 story, 594,000 square foot office tower; Plaza 8 & 9, respectively are 800,000 and 700,000 square foot office buildings above a 1,600 car parking garage. More information: http://www.panepintoproperties.com.
Harborside Financial Center Plaza 10 extends 50 feet onto the Hudson River, etching its unique glass curtain-wall signature on the waterfront. Set directly across from World Financial Center, magnificent views sweep the river in every direction.
Conveniently situated just minutes from the Exchange Place PATH Train, Harborside Financial Center Plaza 10 is located near a vast network of transportation including connections to the NY Water Ferries, the Holland Tunnel, Hudson-Bergen Light Rail, Newark Liberty International Airport, and comprehensive network of buses. The NJ Turnpike, Route 78 and many other transportation arteries service the Jersey City downtown waterfront.
Panepinto Properties has distinguished itself as a pioneer in outstanding commercial, residential and mixed-use urban developments throughout Jersey City. Panepinto Properties’ impressive portfolio includes (completed and to be built) 3 million square feet of office space, more than 3,000 units of luxury rental housing> and more than 130,000 square feet of retail space.
For more information go to:
Panepinto Properties
Harborside Plaza Ten
3 Second Street, Suite 1203
Jersey City, NJ 07311
201.521.9000
info@panprop.com
http://www.panepintoproperties.com
CHASE Bank, a new branch location opens its doors at the luxury rental building, 50 Columbus located in the heart of Jersey City’s vibrant downtown district.
