LCOR News
Glimpsing a Ferry Terminal’s Faded Grandeur Before Beauty Is Restored
Hoboken, NJ The renovation is part of a project being developed by New Jersey Transit, which owns the terminal, and LCOR, a real estate investment company. The project, Hoboken Connect, also includes the construction of a 27-story apartment building, which began in January.
LCOR commences construction on 386-unit mixed-use project
Hoboken, NJ LCOR celebrated the start of construction on the residential component of Hoboken Connect, a transformative project along the Hudson Waterfront, and centered at NJ TRANSIT’s Hoboken Terminal. Newly named Charlie, the 27-story, mixed-use residential building will feature 386 units, of which 20% will be affordable, with a slew of sustainable design elements. LCOR commemorated the project milestone with a ceremonial groundbreaking alongside project partners and elected officials…..
New Renderings Revealed For 107 Morgan Street in Jersey City, New Jersey
New renderings have been revealed for 107 Morgan Street, a forthcoming 34-story residential building in downtown Jersey City, New Jersey. Designed by SLCE Architects and developed by LCOR, the 382-foot-tall structure is planned to yield 633 rental units, 210 enclosed parking spaces, a 5,200-square-foot open-air arcade at street level, and 19,635 square feet of ground-floor retail and gallery space split between three storefronts along with public amenities.
A luxury rental property that changes not just the Coney Island skyline
A new luxury residential rental property in New York's Coney Island waterfront neighborhood has not just changed the skyline of the city's summer playground, it also aims to attract residents who can contribute to the vibrancy of the neighborhood.
Located at 1515 Surf Ave. in Brooklyn, just steps to the subway station that takes residents directly to Manhattan and a short walk to Coney Island's iconic boardwalk, the property is billed by developer LCOR as "a beacon of progress for Brooklyn’s waterfront."
LCOR Launches New Acquisition Strategy with Everett Multifamily
New York City-based LCOR has acquired The Batch Yard, a 328-unit residential community located in Everett, MA, for an undisclosed sum. This marks the first closed transaction under LCOR’s Innovative Living Strategy, which focuses on acquiring high-quality properties developed in the past five to 10 years and retrofitting them with the latest operational technology.
LCOR Tops Out New York Suburban Tower
COR, together with general contractor LRC Construction, has topped out a 307-unit residential tower in New Rochelle, N.Y. In August 2023, the developer received $94 million in financing, originated by Pacific Life Insurance.