Veris Residential Acquires Multifamily Asset 200 Greene Street In Jersey City For $440M

The property involved in this transaction is a multifamily asset located at 200 Greene Street, Jersey City. The sale price was $440,000,000, which includes a total of 762 units. The square footage of the property is 479,151, translating to a price per unit of $577,427 and a price per square foot of $918.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $440,000,000
• Units: 762
• Square Footage: 479,151
• Price Per Unit: $577,427
• Price Per Square Foot: $918
• Buyer: Veris Residential
• Seller: Urby
• Brokers: Adam Doneger, Adam Spies, Douglas Harmon, Joshua King, Marcella Fasulo, Gene Pride, Michael Collins, Christopher Kramer, Jordan Roeschlaub, Peter Griesinger, Jonathan Firestone - Newmark

The transaction involved multiple individuals representing the broker agency Newmark, which included Adam Doneger, Adam Spies, Douglas Harmon, Joshua King, Marcella Fasulo, Gene Pride, Michael Collins, Christopher Kramer, Jordan Roeschlaub, Peter Griesinger, and Jonathan Firestone. These individuals played a pivotal role in facilitating the sale between Veris Residential and Urby.