Major development is once again reshaping Jersey City’s skyline along the Hudson River.
A new ownership shuffle and long-range construction plan at the Harborside waterfront will bring hundreds of new apartments, fresh retail space, and a significant affordable housing component to a neighborhood that already stands at the center of the city’s transformation.
Easy booking across hundreds of accommodations from luxury high-rises to unearthed brownstone treasures.
Browse Accommodations Now
GN Management Takes Control of Harborside 9
In a series of affiliate and intercompany transfers, GN Management has acquired the Harborside 9 development site, a prime parcel on Jersey City’s Gold Coast waterfront.
This move follows Panepinto Properties’ recent $75 million purchase of development rights for both Harborside 8 and 9 from Veris Residential, a transaction that set the stage for this latest reshuffling of ownership.
The corporate mechanics might sound a bit tangled, but the outcome’s clear enough.
GN Management now controls a fully entitled high-rise development opportunity in one of the region’s most supply-constrained rental markets.
A 57-Story Tower with a Major Affordable Component
Harborside 9 is already approved for a soaring 57-story residential tower that will bring 579 apartments to the waterfront.
The plan includes 14,800 square feet of ground-floor retail, designed to activate the streetscape and support a pedestrian-friendly environment.
It’ll also have a substantial 555-space parking garage to serve residents and visitors.
What really sets this project apart is its built-in affordability commitment.
About 15% of the units—87 apartments—will be designated as affordable housing, which is a notable contribution in a market where new supply often skews toward the luxury segment.
That affordability pledge could help ease pressure on renters while keeping a mix of incomes living within walking distance of the waterfront, mass transit, and employment centers.
Find available hotels and vacation homes instantly. No fees, best rates guaranteed!
Check Availability Now
Panepinto’s Harborside 8 Rises Across the Street
While GN Management focuses on Harborside 9, Panepinto Properties is busy transforming the opposite side of the block.
The developer is currently constructing Harborside 8, a 65-story mixed-use tower that will be one of the tallest residential buildings in Jersey City once topped out.
Designed by Elkus Manfredi Architects, Harborside 8 will reach just over 708 feet.
This building adds another striking profile to the Hudson River skyline directly across from Lower Manhattan.
Mixed-Use Density on the Waterfront
Harborside 8 is slated to deliver 680 residential units, a robust program of ground-floor retail, and 350 parking spaces.
Together with Harborside 9, the pair will add more than 1,250 new homes to the urban core, reinforcing the Harborside district as one of Jersey City’s most intensely developed waterfront corridors.
These companion projects aren’t being designed in isolation.
Panepinto and GN Management will jointly construct a new east-to-west road linking the two sites, an infrastructure upgrade that will improve circulation, access, and connectivity within this growing section of the waterfront.
Financing, Brokerage, and the Long View to 2027
Behind the scenes, a network of finance and brokerage professionals helped pull the puzzle together.
Jim Pompa of Coldwell Banker brokered the transfer of Harborside 9, aligning multiple ownership interests and helping extend the overall development timeline in a coordinated way.
On the capital side, Bravo Capital backed GN Management’s acquisition financing.
Vivek Jagadish of Blue Mountain Capital served as the finance broker, structuring a deal that lets GN Management look ahead to a methodical pre-development and planning period.
Construction Targeted for 2027
GN Management isn’t rushing shovels into the ground.
The firm plans to pursue minor site-plan refinements before moving into active construction, with a target start date in 2027.
That measured timeline reflects both the scale of the project and the cyclical nature of large-scale urban development on the Hudson waterfront.
What Harborside’s Growth Means for Jersey City
As Harborside 8 climbs and Harborside 9 advances toward construction, the waterfront is cementing its role as a dense, transit-oriented extension of Downtown Jersey City.
The addition of hundreds of apartments, street-level retail, and a new cross street will knit the towers more tightly into surrounding city districts, particularly the office-heavy Harborside complex and the nearby Paulus Hook and Exchange Place neighborhoods.
For residents, the projects promise more housing options, better pedestrian connections, and an expanded retail scene along the riverfront.
For visitors, the evolving skyline and active waterfront keep shaping the city’s identity as both a residential destination and a business hub just minutes from Manhattan.
Linking Development to the Visitor Experience
The growth at Harborside also adds to Jersey City’s appeal for visitors searching beyond Manhattan for lodging and nightlife.
New towers and fresh retail near the Hudson boost demand for Jersey City hotels and short-term stays. Travelers who want quick access to PATH trains, ferries, and the waterfront promenade find this area especially convenient.
As more people look up where to stay in Jersey City, Harborside is starting to join Grove Street, Journal Square, and the waterfront near Newport as a top spot for exploring the city. It’s not just about the buildings—the same energy driving these towers spills over into local restaurants, cafes, and shops.
That means the list of things to do in Jersey City keeps growing, for both residents and guests. It’s a shift you can feel, honestly.
PATH, light rail, and ferry connections all cluster along the waterfront. These Harborside projects really strengthen the city’s role as a regional transit hub.
Getting to Jersey City from other parts of New Jersey and New York just keeps getting easier. For a city that’s spent decades reinventing its skyline, this coordinated build-out at Harborside feels like another big step in a story that’s still unfolding.
Find the perfect hotel or vacation rental. Instant booking, no fees!
View Top Stays
Here is the source article for this story: GN Management Buys Harborside 9 Site in Jersey City, Sets Construction Timeline
Getting Around Jersey City, NJ
Plan Your Stay in Jersey City, NJ
Things to Do in Jersey City, NJ
