Kushner and KABR Group have officially commenced commercial leasing for the newly renovated Arts & Powerhouse Building at 130 Bay Street in Jersey City’s Powerhouse Arts District. Originally built in 1913 as the Great Atlantic and Pacific Tea Company Warehouse, the six-story landmark has undergone a $30 million renovation that preserves its historic character while introducing modern work environments and retail settings suited for today’s businesses.
The redevelopment offers up to 135,000 RSF of flexible, loft-style office, commercial, and retail space, blending restored industrial elements with contemporary design and amenities. Commercial spaces range from 4,000 RSF to 100,000 RSF, featuring open layouts, up to 27-foot ceilings and access to a 10,000-square-foot rooftop amenity deck with panoramic views of Manhattan.
The mixed-use building has already attracted notable tenants to its ground-floor retail space, including Rumble Boxing, Daily Provisions, Spear Physical Therapy, and One Medical, an Amazon company.
CBRE Vice Chairman David Opper and First Vice President Conor Dolan are overseeing the leasing efforts for the property, branded as the A&P Building.
“The A&P Building brings a level of character and authenticity rarely seen in Jersey City’s office and commercial market,” said Adam Altman, Managing Member of KABR Group. “With its industrial bones, loft-style layouts, and a setting that reflects the neighborhood’s creative roots, it offers an experience more akin to Manhattan’s Meatpacking or Flatiron districts.”
A Prime Location for Innovation and Culture
The Arts & Powerhouse Building is ideally situated between the Grove Street, Newport, and Exchange Place PATH stations, offering seamless transit connections to Hoboken, Midtown Manhattan, and the World Trade Center. Additionally, it is conveniently located near the Hudson-Bergen Light Rail, linking to neighboring Gold Coast towns, with easy access to Newark Liberty International Airport, the NJ Turnpike, and the Holland Tunnel.
Located in the heart of the Powerhouse Arts District, a neighborhood known for its historic charm, cobblestone streets, and significant redevelopment progress, the building is within reach of a diverse range of dining, cafés, and nightlife, contributing to a vibrant work environment that fosters employee interaction and satisfaction. Across the street, the planned 550-seat Provost Square Performing Arts Theater will serve as the permanent home of The New Jersey Symphony, further enhancing the area’s cultural appeal.
Honoring the Arts District’s Creative Legacy
Emphasizing its commitment to local culture, Kushner and KABR Group have dedicated $250,000 to showcase works by Jersey City-based artists, ensuring the building reflects the neighborhood’s creative energy. To launch leasing efforts, the developers hosted an exclusive art exhibition on February 27, 2025, in collaboration with the Long Meadow Art Residency (LMAR), featuring works by artist Daniella Portillo.
Portillo’s paintings explore themes of space, time, and memory, with a focus on urban and natural environments. Her work has garnered significant recognition, including a recent acquisition by the Norton Museum of Art.
Established in 2021, Long Meadow Art Residency (LMAR) provides artists with a home, studio space, supplies, a vehicle, and support from an engaged board and past residents.
“We’re thrilled to partner with The Arts & Powerhouse Building to support Daniella Portillo, amplifying her artistic journey,” said LMAR Cofounders and Presidents David Feldman and Jennifer Herman Feldman. “This collaboration, backed by LMAR’s creative resources and the opportunity to showcase her work, reflects our shared commitment to empowering artists.”
For more information on the Arts & Powerhouse Building, visit www.artsandpowerhousebuilding.com. For commercial leasing opportunities, contact CBRE’s Vice Chairman David Opper at david.opper@cbre.com or First Vice President Conor Dolan at conor.dolan@cbre.com.
About Kushner
Kushner is a multi-generational real estate development and management firm headquartered in New York City. The company’s diverse portfolio encompasses residential, commercial, retail, and hospitality, with approximately 10,000 apartments under development and over 27,000 apartments under ownership across 14 states. Kushner’s integrated team oversees every step of the development and management process at its properties, creating an unparalleled and seamless experience for its tenants, team members, and partners. www.kushner.com
About KABR Group
KABR was founded in 2008. The firm has successfully utilized its balance sheet to acquire and work through complex real estate transactions. KABR targets value-added, opportunistic, special situations, and development real estate investments primarily throughout the New York metropolitan and southeastern regions of the U.S.
The KABR Group has raised six funds since inception. KABR has acquired over 5,500,000 SF of office, retail, and industrial assets in the Northeast and over 4,000 multi-family units. KABR has purchased/sold more than 160 assets, and currently KABR holds land entitled to build approximately 6,000 multifamily units. These transactions were successful by working cooperatively with large institutions, money center, regional and local banks. KABR Group’s experienced management team, in-house capabilities, and well-capitalized platform enable us to act quickly when presented with an opportunity.
