KRE GROUP LAUNCHES PRE-LEASING FOR SECOND PHASE OF BAY 151 ON BAYONNE’S WATERFRONT PENINSULA


New Offering of 213 Luxury Apartments Follows Successful Lease-Up of First Phase in 2020

BAYONNE, NJ – Bay 151, the luxury rental community that last year helped further the transformation of Bayonne’s waterfront peninsula into a new Gold Coast destination, has now doubled in size with the official launch of the second phase of residences.

Kushner Real Estate Group (KRE) has introduced an additional 213 apartments at the community which is located just steps from Bayonne’s 45th Street Light Rail station and amidst a growing list of restaurants, retail, and entertainment. The new phase, which follows the successful lease-up of Bay 151’s initial offering of 200 residences in 2020, also includes an expansion of the community’s extensive amenity offering.  Residents now have access to more than 65,000 square feet of indoor and outdoor social and recreational spaces, with more planned for a future phase.

A collection of studio, one-, two- and three-bedroom residences – including some with unique loft-style floor plans – are offered for pre-leasing at monthly rental rates starting from $1,910, with initial occupancy scheduled for January 1, 2022. 

“Bay 151 has quickly become one of Bayonne’s most desirable residential addresses,” said Jonathan Kushner, President of The KRE Group. “We’re excited to now bring the second phase to market which opens the community up to hundreds of new residents looking for more living and outdoor space, abundant amenities and a well-connected lifestyle – all at an attractive price point.”

Designed by Minno & Wasko Architects and Planners, the new residences are located in a four-story building and feature stylish finishes and appointments including plank flooring throughout living areas, floor-to-ceiling windows, central air conditioning and heat, full size in-unit washer & dryer, extended closet spaces, and Kohler? bathroom fixtures. Modern kitchens offer stainless steel Whirlpool? appliances, custom cabinetry, bianco quartz countertops, and a white tile backsplash.

Bay 151’s contemporary brand of high-style, luxury living extends to its full complement of lifestyle amenities where residents have access to more than 65,000 square feet of indoor and outdoor social and recreational spaces.  Among them is a two-story, state-of-the-art fitness center, yoga room with on-demand virtual fitness classes, WiFi-equipped resident lounges, a billiards room with club seating, library and co-working space, business center with individual workstations and a conference room, a children’s playroom, media room, and a mail room with package concierge.

Outside, residents enjoy a resort style swimming pool and sun terrace, a deck with BBQ grills and outdoor dining areas, a tot lot/playground/outdoor children’s play area, a controlled-access parking deck with electric vehicle charging, and a car wash and detailing station. The pet-friendly community also includes multiple dog runs and a dog washing station. A complimentary shuttle transports residents to and from the Grove Street PATH station in Jersey City.

Bay 151 is a three-phase project that will ultimately comprise 625 rental residences and 10,000 square feet of retail space on a scenic, 16-acre property surrounded by New York Harbor. The Hudson-Bergen Light Rail’s 45th Street station and a planned commuter ferry terminal on the Bayonne waterfront are both within walking distance, providing convenient access to neighboring Jersey City and Manhattan.  Residents are also a short drive from the entrance of the New Jersey Turnpike, Route 78, and The Holland Tunnel. Notable retail conveniences within walking distance include Costco, Starbucks, Lidl grocery store, and CVS, while a section of the Hudson River Waterfront Walkway that overlooks an inlet of New York Harbor and the lush greenery of the adjacent Bayonne Golf Club meanders around the peninsula.

For more information on Bay 151 and to schedule a private appointment to view the model homes and amenities, call (844) 838-9109 or visit www.Bay151.com.

About Kushner Real Estate Group

Founded in 1979 and headquartered in Jersey City, NJ, KRE Group is a full-service real estate investment and management company with properties in New York, New Jersey, and Pennsylvania. The KRE multi-family portfolio exceeds 9,000 existing apartments, with an additional 7,000 in various stages of approval and construction. The company also owns and manages more 6,000,000 square feet of office, warehouse, and retail space. For more information, visit the company’s website at www.thekregroup.com.

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