A new SILVERMAN property is opening this summer at 170 Erie Street in the Hamilton Park neighborhood of Jersey City.
SILVERMAN, who is celebrating their 40th year in business this year, is a Jersey City-based real estate development company. Brothers Eric and Paul founded the company in 1981 with a vision for the abandoned factories and rundown buildings scattered throughout Jersey City’s waterfront and downtown. Their tagline, “Building Neighborhoods” is more than just a tagline to them—it defines their mission, values, architectural aesthetic, and business model.
Currently, SILVERMAN is looking for tenants of office and retail space on 170 Erie’s cellar, first, second and third floors. Its first floor is reserved for retail with 7,000 square feet and 14-foot ceilings. The cellar, second and third floors of 170 Erie will contain over 50,000 feet of retail and office space. For convenience, the building will include a dedicated entrance just for office tenants which will be accessible through the lobby and elevator.
Other parts of the building will be used for Swift and Co. residential apartments and Andco’s new health and wellness coworking concept called ALLO. Additional amenities for residents and tenants include a health club, bike storage, on-site parking, ample outdoor space and quick access to a five-acre historic park with tennis courts, playground and dog runs.
This desirable location is just around the corner from Hamilton Park in the Historic District and surrounded by a myriad of local businesses. Restaurants, medical and wellness professionals and specialty markets make up the local economy of that neighborhood. The building is also located on two street corners creating even more visibility to the bottom floor, therefore adding more value for retailers.
Transportation is easily available, being that it is within walking distance of the PATH train and the Hudson-Bergen Light Rail station. It’s also a short drive from entrances to the Holland Tunnel, major highways and Newark Liberty International Airport.
The building follows a biophilic design method that is intended to help residents and tenants experience the refreshing beauty of nature, even in an urban area. This is done through extensive natural lighting and easy access to a landscaped outdoor terrace. The building was designed by Manhattan-based Studio V Architecture and represents the firm’s first project in Jersey City. The interiors were designed by Rebecca Johnson of Swimclub Studio, the creative behind many of SILVERMAN’s buildings, Andco, and Jersey City restaurants such as Frankie and Fox & Crow.
This project was led by SILVERMAN principal, Eric Silverman, alongside Project Manager, Stefan Lyons. SILVERMAN has constructed a number of buildings also in the highly sought-after Hamilton Park neighborhood including Two Ten, Park Foundry, Schroeder Lofts, Park Francis and Hamilton Square. SILVERMAN has built dozens of properties throughout Jersey City in its 40 years of business.
Stefan Lyons released the following statement about their latest project at 170 Erie: “Our goal has always been to set 170 Erie apart, both aesthetically and functionally. The stunning exterior is a delicate balance of modern elements which respect the neighborhood’s Historic character as they artfully connect the building’s 35 terraces and loggias. The commercial spaces will appeal to forward-thinking companies seeking a pristine building environment designed specifically to encourage self-care and health.”