Western New York will receive first parking garage and pave the way for residential development

Render of the Grand and the Metro as they will appear when construction is complete. Courtesy of Reputation PR.

National Realty Investment Advisors (NRIA) hosted The Grand’s groundbreaking celebration in western New York this week.

The Grand, half of NRIA’s newest residential rental community, will be built on 51st Street. The Grand’s twin tower, The Metro, will be located at 52nd Street and will open at a later date. Each building will offer 156 units and construction is expected to be completed in the summer of 2023.

These two 14-story towers along the Gold Coast of New Jersey will provide West New York with its first parking lot. Parking will be accessible to residents of the development and surrounding city dwellers. Open to the public, 60% of the 495 parking spaces in the towers parking lot are aimed at benefiting the greater community of western New York.

“On the election campaign two years ago, the number one problem was the lack of parking in this town,” West New York Mayor Gabriel Rodriguez said at the inauguration. “We are the most densely populated place in the country, which translates into a lack of parking. We are delighted with what is happening here. It is a perfect example of a public-private partnership working for the well-being of the people who live here.

Richard Stabile, senior vice president of new acquisitions at NRIA, spoke at the groundbreaking event, saying he expected The Grand and The Metro to be an attractive sale for potential tenants, with restaurants, shops and entertainment all within walking distance. Easy access to Manhattan and public transportation are also big selling points.

Residents of the Grand and Metro will have access to amenities including a gym, lounge and a green roof with a pedestrian terrace. There will also be an on-site business center with a high-speed printer and other essentials for working from home. In addition, the roof will be designed as a space for relaxation and entertainment, with patio seating and barbecues.

NRIA is a real estate developer headquartered in Secaucus, New Jersey.

Source link

About Michael Hodges

Check Also

7 fire departments fight garage fire in Kewaskum town

August 22, 2021 – Town of Kewaskum, WI – On August 21, 2021 at 3:30 …