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Land Use Study for a Transit-Oriented Site: Harrison, New Jersey

Land Use Study for a Transit-Oriented Site:  Harrison, New Jersey

Description

Produced a marketability study for the proposed development of a 26-acre tract of land located adjacent to the Harrison PATH station. The study recommended the unit mix, unit sizes, pricing, product features, amenities, projected absorption, and buyer profile. The Weitzman Group evaluated the property and its location; analyzed the economy of Hudson County, its surrounding areas, and the New York City metropolitan area; evaluated existing and proposed housing developments in the primary and secondary housing market areas; prepared a housing demand analysis and estimated the site’s capture rate of total market demand. Our report also presented recommendations regarding the features, amenities, finishes, and upgrades of the proposed residential buildings.

 
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