Summary of the Article
Terrence T. McDonald | The Jersey Journal … developers stick to the mid-rises they are allowed to build now, according to Jersey City real-estate agent Jeff Kaplowitz. … New York state had no records with information on Amerestate.[otw_is sidebar=otw-sidebar-1]
JERSEY CITY — Puccini’s Restaurant, the famed Italian eatery and catering hall on the city’s West Side, sold earlier this month along with six adjacent parcels for $19.5 million, The Jersey Journal has learned.
The purchase, by Amerestate Holdings, indicates that the housing boom in Journal Square, which has been pushing real-estate prices up by double digit percentages in the heart of the city, is pushing further west.