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The two towers

About 2 pages (640 words)

The Record (Bergen County, NJ), June 22nd, 2006

HUGH R. MORLEY, STAFF WRITER The Record (Bergen County, NJ) 06-22-2006

The two towers -- 900 units planned for Jersey City By HUGH R. MORLEY, STAFF WRITER Date: 06-22-2006, Thursday Section: BUSINESS Edtion: All Editions

Two 500-foot towers with 901 housing units will rise above the Jersey City waterfront as a more affordable alternative to Manhattan, two developers announced Wednesday.

Red Bank's K. Hovnanian and Chicago-based Equity Residential said they each will build a tower on a 1.76-acre parcel bought from Hartz Mountain Industries of Secaucus for $70 million.

The two will target ...

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