A mixed-use development site in Jersey City just traded for $48 million. The site — the Avenir, located at 1072 and 1075 West Side Avenue — spans 3.35 aces and has 659,000 buildable square feet, according to Meridian Investment Sales. Lantree Developments bought the site from Amerestate Holdings. Meridian’s David Schechtman, Lipa Lieberman, Abie Kassin and Paul Patafio represented the seller and brought the buyer. Meridian’s Morris Betesh and David Hayum also arranged a $26 […]
source https://therealdeal.com/2019/01/28/amid-the-jersey-city-boom-development-site-sells-for-48m/
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