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A rendering of Emerson Lofts, a multi-phased 1,000-unit mixed-use project in Jersey City, NJ. A rendering of Emerson Lofts, a multi-phased 1,000-unit mixed-use project in Jersey City, NJ.

JERSEY CITY, NJ— Manhattan Building Co. of Jersey City has secured $168 million in financing for its planned 1,000-unit mixed-use Emerson Lofts residential project at 315-326 15th St. here.

The loan collateralized by Emerson Lofts was provided by New York City-based Madison Realty Capital and allows Manhattan Building Co. to complete the first phase of the fully approved project and fund pre-development on three subsequent phases.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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