SECAUCUS -- Hartz Mountain Industries, Inc. and Roseland Management Properties' executives along with local officials held a special ribbon cutting Tuesday afternoon for the new 116-unit luxury residential development Osprey Cove, which opened last month in Secaucus.
Located at 45 Meadowlands Parkway, Osprey Cove has views of the Hackensack River and sits on the shore of the 13,000 acre Meadowlands estuary preserve. The development is 32 percent occupied, and has pre-leased 57 of the 116 apartments, which range in price from $1,565 to $2,850 and includes studios, one and two-bedroom apartments. The building includes amenities such as a fitness center, on-site parking, free wi-fi, and a resident lounge with billiards and HDTVs.
"This represents a watershed moment as a developer and in partnership with Roseland," said Emanuel Stern, president and COO of Hartz Mountain Industries, Inc., during his official remarks. "I think it will be an asset to the town." Stern credited Carl Goldberg
of Roseland Properties with being instrumental in helping the company learn the residential development business.
"This is the first tangible benefit of the strategic partnership between Hartz and Roseland Properties," said Goldberg. "We are proud to be entrusted with the management."
Osprey Cove has LEED silver certification, which buildings receive for taking measures in sustainable design. The building was made with recyled materials "where possible" according to a press statement, has motion-detector lighting in all common areas and elevators, and energy efficient appliances.
Hartz Mountain Industries contributed toward the upgrading of Snipes Park, which sits adjacent to the development. The park has a new children's playground, benches, running, and biking trails.
"It is a great example of what redevelopment means for the community," said Mayor Michael Gonnelli regarding Osprey Cove.