Jersey City development gaining stronger foothold

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70-90 Columbus In just four months of sales, the 50-story apartment tower at 70 Columbus in Jersey City leased out 60 percent of its units. And the good news for the team behind the property keeps on coming. The team behind the development, which is set to be completed in three phases, announced the adjacent tower at 90 Columbus landed $155.83 million in financing. Hoboken-based Ironstate Development and Panapinto Properties of Jersey City are partners in the development that offers rental apartments ranging from studios to three-bedroom units, a swimming pool, dedicated children’s play areas, sports and entertainment spaces, a library and residential lounges. The building also features a basketball court and a dog run. One of the biggest selling points of the building is i…

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