Toll Brothers, Sculptor Real Estate JV wraps 34-story, 259-unit, 151 Bay Street Condos, in Jersey City

  • 8/19/2024

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Toll Brothers City Living and Sculptor Real Estate have completed work on the 259-unit 151 Bay Street condo tower in Jersey City, N.J. The 34-story building is situated in the city’s Powerhouse Arts District, a former warehouse district on the Hudson River.

The property offers studios and one-, two- and three-bedroom unite ranging in size from 538 square feet to 1,446 square feet. The properties are listed at a range of $560,000 to $1.829 million. Demand for the units has been strong, according to Toll Brothers City Living President David Von Spreckelsen, who said in a statement that over 75 percent of the units have been sold so far.

Sculptor Capital Management
Cory Perlstein | Co-Head of North American Real Estate
Toll Brothers (NYSE: TOL)
Karl Mistry | EVP, Development, Eastern Region
Sculptor Capital Management
Eric Schub | Managing Director-Equity/Debt-MF/Student/Self Storage

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