Business & Tech
Real Estate Group to Break Ground on $70M Luxury Residential Building on Central Road
"Twenty50" will feature 194 one- and two-bedroom units and is scheduled for completion by September 2013
Fort Lee borough officials will join developer BNE Real Estate Group Wednesday at a groundbreaking ceremony on a new $70 million luxury residential building near the George Washington Bridge.
“Fort Lee Mayor Mark Sokolich and other local dignitaries will drive the ceremonial first shovels into the ground,” said a spokesman for the Livingston, NJ-based real estate group.
The 12-story building, which is called “Twenty50” and is located at 2050 Central Rd., will include 194 one- and two-bedroom rental units and “offer residents spectacular views of the Hudson River and George Washington Bridge,” according to the company.
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The residences will be 750 to 1,200 square feet with amenities including a concierge, lobby with a water wall, resident lounges, a café, Wi-Fi library/den, game rooms, a fitness center and an outdoor pool.
Construction of Twenty50 is scheduled to be complete by September 2013, according to the company.
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The groundbreaking ceremony is scheduled for 11:30 a.m. Wednesday.
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