When the leaders of National Realty Investment Advisors joined with local officials last week on a groundbreaking for two multifamily residences — the Grand and the Metro — they welcomed the fact that 312 units would come to West New York.
They talked about how each of the 14-story buildings would have high-end amenities, including a gym, lounge and green roof with a walking deck — and how the rooftop will be designed as a relaxation and entertainment area, with patio seating and barbecue grills.
But what really got them excited was what was on the bottom: a shared parking garage.
In a town where parking is at a premium, the 495 spaces are gold. And they represent the first parking garage in the densely populated, 1.328-mile town.
West New York Mayor Gabriel Rodriguez was thrilled.
“On the campaign trail two years ago, the No. 1 issue was lack of parking in this municipality,” he said. “We are the most densely populated place in the nation, which translates into a lack of parking. We are delighted with what is happening here. This is a perfect example of a public-private partnership working for the betterment of the people who live here.”
U.S. Rep. Albio Sires (D-8th Dist.) agreed.
“This is a great day for West New York,” he said. “I am proud that this vision (for additional parking) that we had years ago has come to fruition.”
Accessible to both the development’s residents and the surrounding city dwellers, 60% of the 495 spaces aim to benefit the greater community of West New York.
That’s if they are needed.
The Grand, to be built on 51st Street, and the Metro, on 52nd Street, are in the heart of the town, with easy access to public transportation in New Jersey’s famed Gold Coast.
Construction is expected to be complete in the summer of 2023. Rodriguez feels the development will spark a socio-economic renaissance for the town.
“This is a project that will benefit the entire community,” he said.
U.S. Sen. Bob Menendez (D-N.J.) agreed.
“The Grand and the Metro are ambitious, forward-thinking housing developments that are sure to continue West New York’s renaissance,” he said. “This apartment complex is exactly what I mean when I talk about transit-oriented development.”