Meet NYC’s Next Great Commuter Town: NJ’s NRIA Says West New York Offers Value, Culture, And A Quick Ferry Ride To The Big Apple

SEACAUCUS, NJ / ACCESSWIRE / January 31, 2022 / National Realty Investment Advisors (NRIA), a leading developer of luxury real estate on the East Coast, announces that West New York, New Jersey, looks to be the next great New York City commuter town.

The community of close to 50,000 people sports bustling boulevards and an abundance of arts and culture. It sits just outside of Manhattan and is more affordable than the metropolis next door.

A perfect fit for Manhattan renters looking to escape the city's tight spaces and high prices, says Glenn La Mattina, Chief Operating Officer for NRIA. A growing number of Manhattanites are growing weary of New York City, he says, but still don't want to be too far away.

NRIA, which is developing luxury properties in West New York, sees the town as an excellent investment. West New York, along with its neighbors, Jersey City, Hoboken, Weehawken, Guttenberg, and others, is part of what has become known as New Jersey's "Gold Coast." These communities on the Hudson waterfront are increasingly attractive because of their quick access to New York City via public transportation.

As the Manhattan workforce resumes a full or partial return to the office post-COVID, many are reevaluating their work/life arrangements. "They want to remain close to their work," says Rich Stabile, NRIA's Senior Vice President of Acquisitions, Construction Management, and Sales, "We find young professionals like the city lifestyle, but in a more affordable location."

Enter West New York.

Easy access to the New York Waterway ferry, the standard option for getting to New York City, makes for a quick and enjoyable commute to Manhattan from West New York. Add to that the NJ Transit PATH trains and express bus service into Port Authority, not to mention the area's many private jitneys, and waterfront cities like West New York have become bastions for renters in northeast New Jersey.

"West New York embodies everything that made places like Hoboken so attractive before the pandemic," says NRIA's Stabile. "It's a great commuter town. We took the city and state's decision to promote light rail in the region and ran with it. We are constructing a two-tower, 14-story residential rental community within walking distance of the Hudson-Bergen rail station."

Construction on the West New York development that Stabile speaks of, NRIA's two sister towers, The Grand, at 51st Street, and The Metro, at 52nd Street, began this past summer.

Each tower will offer 156 residential rental units. Both will include a host of amenities, from a rooftop deck with seating areas and barbecue grills to a gym, 24-hour grab-and-go convenience store, and "work at home" shared office spaces with high-speed printers.

For those who do have a car, a new 495-space parking garage will connect the two towers. A collaborative effort between NRIA and West New York, the garage will be available to both the rental communities' residents and the public at large.

In addition, NRIA is constructing The Station in West New York, a luxury residential complex at 4901 Bergenline Ave., which will include a host of luxury amenities for residents, and a parking garage with automated hydraulic technology that parks cars without their driver inside.

But NRIA isn't the only real estate developer to view West New York as the next great NYC commuter town. The communities' unique subculture, proximity to Manhattan, and affordability are attracting builders up and down the East Coast to the waterfront community. And renters and buyers are following fast.

"For West New York, It's the right place at the right time," says NRIA's Stabile. "It's good to see the community getting the attention it deserves."

About NRIA

With a history of over a decade of delivering the highest quality in construction, NRIA, headquartered in Secaucus, New Jersey, has earned its reputation as one of the leading real estate developers in the nation.

For more information about NRIA, visit

www.nria.net

Contact Information:

Dawn Ouellette Nixon
ReputePR
212-736-0800
cam@reputepr.com
https://reputepr.com/

SOURCE: NRIA