Overview
- Modon will hold a majority equity stake in the joint venture with Related Companies and Panepinto Properties to deliver Harborside 4 on Jersey City’s waterfront.
- Related will lead development, construction management, leasing, and operations, while Panepinto contributes long-standing local expertise.
- The Handel Architects–designed tower will include 800 luxury residences with roughly 75% designated as rentals and about 25% for sale as condos.
- Construction financing is committed from a bank consortium led by J.P. Morgan, and the total project cost was not disclosed.
- Groundbreaking is scheduled for the first quarter of 2026 with completion targeted for the first quarter of 2029.