Overview
- A joint venture announced July 8 between Rockpoint and Urby will acquire 201 Hudson from Brookfield to deliver phase two of a three‑tower masterplan.
- The planned building, 201 Hudson – by Urby, is a 69‑story tower with 748 market‑rate studio‑ to three‑bedroom apartments, roughly 10,000 square feet of retail, and 102 parking spaces.
- Urby will co‑manage construction and handle leasing and day‑to‑day property operations alongside Rockhill, Rockpoint’s property services affiliate, and the design team includes HLW, Concrete Amsterdam, Shawn Hausman, and Bas Smets.
- Newmark advised the buyers and is marketing a construction financing package reported at about $267 million, but lenders have not yet closed on funding and financing remains a near‑term contingency.
- Developers expect a roughly three‑year build and say the project targets commuters to Manhattan via nearby PATH stations, ferry service and light rail while expanding Rockpoint’s growing Jersey City waterfront portfolio.