TAY Investments Makes Largest Acquisition in Jersey City's Transforming West Side

TAY Investments, a New Jersey-based vertically integrated real estate developer, has made its largest acquisition to date by securing a fully approved development site at 212-230 Culver Avenue in Jersey City's West Side neighborhood. This strategic move involves a 56,897-square-foot property that will accommodate an 8-story building with 365 residential units, approximately 1,500 square feet of ground-floor commercial space, and 184 indoor garage parking spaces. Founder Yuval Shram emphasized that this acquisition represents a major step forward for TAY Investments as they continue expanding their footprint in Jersey City, reinforcing their long-term belief in the West Side's tremendous growth potential. The company has been active in Jersey City since 2013 and currently operates six projects in the city, including two under development, totaling over 800 residential units and 22,000 square feet of commercial space.

The property sits in the heart of Route 440, an area undergoing a multi-billion dollar transformation driven by three major anchors: the 100-acre Bayfront waterfront redevelopment, the SciTech Scity innovation hub, and the expanding New Jersey City University campus. Located just 0.3 miles from the West Side Avenue Hudson-Bergen Light Rail Station, the site provides direct access to downtown Jersey City and Manhattan, making it an attractive option for commuters seeking more affordable alternatives to downtown living. Shram explained that the West Side area offers a unique combination of connectivity, community energy, and long-term value creation, marking another strategic milestone for TAY Investments in delivering high-quality, community-driven multifamily housing.

True to TAY's amenity-forward approach, the development will feature "The Sanctuary," a highly amenitized wellness area with indoor and outdoor facilities including a pool, hot tub, state-of-the-art gym, yoga and meditation center, dry and wet saunas, cold plunge, pickleball court, and rooftop bar. The entire building will be integrated with state-of-the-art technology features designed to elevate the resident experience. This emphasis on premium amenities at accessible price points has become a hallmark of TAY's development strategy, positioning the company to capture demand from young professionals and established renters alike. Construction is expected to commence in the second quarter of 2026, with a grand opening targeted for summer 2028, featuring a mix of studio, one-bedroom, and two-bedroom configurations totaling 312,915 gross square feet.