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Namdar Group has secured financing for 35 Cottage Street, a 588-unit luxury apartment building under construction in Jersey City, N.J.’s Journal Square neighborhood. JLL Capital arranged the $152 million package.

The community will include a Chabad synagogue, a preschool and what the developer is describing as the Journal Square neighborhood’s first dedicated party hall.

“They’re bringing the first Jewish congregation to the Journal Square marketplace,” Tom Didio Jr., managing director at JLL Capital Markets, told Multi-Housing News. “This was specifically important to the sponsor and their relationship with the rabbi and congregation.”