286-Unit Building Now 75 Percent Leased
Thanks to Brisk Demand for High-Style Homes in Growing Riverbend District
The partnership of Advance Realty and DeBartolo Development today announced that Steel Works, its luxury residential building in Harrison, N.J., has leased 75 percent of its residences.
Steel Works has experienced strong leasing demand since opening its doors in mid-2017. The building features 286 studio, one- and two-bedroom apartments designed to appeal to the modern renter’s lifestyle with amenities including: a state-of-the-art fitness center and spin room; 24/7 on-demand fitness classes; game room with a golf and multi-sport simulator, poker table and shuffle board; heated outdoor pool and clubhouse; resident lounge; dedicated pet park; outdoor movie screen; and spacious roof deck accompanied by a fireside lounge, bar and barbeque grills.
The building also lies just minutes from Harrison’s PATH station, providing commuters with a convenient 20-minute commute to Manhattan and three-minute ride to Newark Penn Station.
“We’re thrilled to see the continued leasing success at Steel Works—something we feel only strengthens our belief that Harrison is well on its way to becoming a premier destination to live, work and visit,” said Advance Realty President & CEO Peter J. Cocoziello. “From the beginning, Steel Works represents a type of luxury living experience which not only pays tribute to the history of the area but also demonstrates a unique blend of first-class amenities, carefully crafted design and modern conveniences which create a truly one-of-a-kind community in one of the most desirable transit-oriented locales.”
Located within a block from the Red Bull Arena, the Steel Works community is centric to the 35-acre Riverbend District – a multi-phase mixed-use development that continues to welcome a mix of restaurants, bars, shops, entertainment and other cultural options for residents and visitors alike. In total, the burgeoning Riverbend District will include 3,000 luxury residences as well as 100,000 square feet of premium retail space.
Further adding to the appeal, Steel Works caters to the desire for highly-amenitized living, incorporating thoughtful design with convenience. Residences feature chef-inspired kitchens with stainless steel appliances, designer cabinetry, quartz countertops, open shelving, and built-in wine chillers. An Amazon Echo Dot equipped with “Alexa” voice service, audio enabled sound system, elevated nine-foot ceilings, expansive walk-in closets and frameless glass shower doors offer residents a home which seamlessly balances impeccable design and décor with modern conveniences.
“Steel Works has continually attracted renters from New Jersey, New York City and beyond seeking uniquely designed homes and a diverse mix of modern amenities,” said Edward M. Kobel, President & Chief Operating Officer at DeBartolo Development. “Combined with easy access to public transportation and the ever-growing charm of the Riverbend District, residents are finding everything they desire right here in Harrison.”
To schedule a private viewing of Steel Works, visit www.steelworksapts.com or call (862) 229-6653.
About Advance Realty
Advance Realty is one of New Jersey’s most well respected owner/operator/ developers. Advance owns, manages or has invested in a diversified, 10-million-square-foot portfolio of properties across all asset classes throughout the Northeast Corridor. The company actively pursues real estate investments in commercial, residential, industrial, retail, mixed-use, and other projects that enhance value through development, repositioning and redevelopment. For more information, visit www.advancere.com.
About DeBartolo Development
DeBartolo Development is one of the largest private real estate companies in the United States with a successful track record spanning more than seven decades. The company invests in real estate assets of all sizes and scopes, specializing in opportunistic acquisitions and market-driven, ground-up development of multifamily, hospitality, retail and mixed-use projects. Most recently, DeBartolo developed and opened Ka Makana Ali‘i, the first regional shopping center built in Hawaii in over 30 years. For more information, visit www.debartolodevelopment.com.