anticipated condo sales have opened at the landmark Beacon, a boffo
development with rich history and entertainment buzz in its bones,
rising above New Jersey’s Gold Coast. Formerly the Jersey
City Medical Center, the Art Deco property sweeps across 14 acres,
with the first two of 10 luxury buildings slated to open late this
The two towers, the Rialto and the Capitol, are named for famous
theaters, to reflect the property’s long connection with movies
and TV (“Quiz Show” and “The Royal Tenenbaums”
used the deco design as backdrop). The Beacon, developed by Metrovest
Equities, has soaring views of Manhattan and New York Harbor and
will boast such outstanding amenities as Aqua, the largest lifestyle
and fitness center in Jersey City, rooftop restaurant, on-site shopping,
a theater and a day-care center.
Another of the Beacon’s shining attractions: it’s priced
well below Jersey City condo levels, at the mid-$300,000s and up.
The prominent New York-based Ismael Leyva Architects are carrying
out the dramatic transformation of the old medical center-built
between 1928 and 1941.
The Marketing Directors