A joint venture between affiliates of Veris Residential, Inc., and Hyatt Hotels Corporation has sold Hyatt Regency Jersey City, a 351-key full-service hotel along the Hudson River in Jersey City, N.J.
A joint venture between affiliates of Taconic Capital Advisors LP and HEI Hotels & Resorts acquired the hotel for an undisclosed sales price.
Constructed in 2002 and renovated in stages between 2010 and 2015, the hotel offers a mix of traditional guest rooms and suites with views of the Hudson River and the city. Hyatt Regency Jersey City amenities include a 24-hour Stayfit gym, business center, heated indoor pool and more than 20,000 square feet of flexible meeting and conference space.
Located adjacent to the Exchange Place PATH station and the Harborside Ferry Terminal, the hotel offers a range of convenient transportation options and direct access to Manhattan. As a result of this location, Hyatt Regency Jersey City is a direct beneficiary of the region’s
