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Jersey City’s next luxury rental, Ellipse, unveils pricing

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The 41-story waterfront building will begin welcoming residents come the summertime

It’s the one with the light beam, of course.
LeFrak

Hate on Jersey City all you want, but the city’s Newport area is coming up in all sorts of ways. Like Williamsburg in the early aughts, the Hudson River-fronting neighborhood is becoming a hotbed for new glassy high-rises with views of Manhattan. Next up in the procession of new developments is LeFrak’s Ellipse, a 41-story rental building designed by prolific Miami-based firm Arquitectonica that’s just unveiled pricing as well as its teaser site.

The 381-apartment building has been under construction since December 2015, and is expected to be ready for move-ins by the summertime. Leasing on the project will kick off on April, with the building’s studios starting at $2,600, one-bedrooms at $3,200, two-bedrooms at $4,300, and three-bedrooms at $5,300. The building will also have four-bedrooms and a variety of penthouse-style apartments, but pricing for those has yet to be revealed.

Ellipse’s branding is taking on a decidedly luxurious air, and offering amenities that follow suit: an outdoor pool and barbecue, parking garage, co-working space, gym, children’s playroom, game room, and 24-hour doorman will be made available to residents. The apartments themselves aren’t too shabby either: they’ll come with quartz countertops, stainless steel appliances including a dishwasher, en suite washers and dryers, and personal climate control systems.