JERSEY CITY-Tower Insurance Co. of New York has signed along-term lease for 76,892 square feet at Mack-Cali’sHarborside Financial Center in downtown Jersey City.

The property and casualty insurance provider will occupy spaceat the Plaza 2 building, one of the original Pennsylvania Railroadstructures first converted in the 1980s to form the core ofHarborside Financial Center. There are now five buildingscomprising 3.1 million square feet at the complex. Construction ofa 500-unit residential tower is expected to begin next year.

Harborside Financial is set within walking distance of a PATHtrain station and commuter ferry stop, and includes restaurants,retail, hotel, office and residential amenities such as healthclubs and child care. The complex is now 97.3% leased, Mitchell E.Hersh, Mack-Cali president and CEO, says in a release.