Ron Ladell, AvalonBay’s senior vice president, was recently in touch with The Jewish Link to share details on the upcoming opening dates for AvalonBay Teaneck, a rental community housed on the former World of Wings property at 1775 Windsor Road.
The complex comprises 248 rental apartment homes. As per the town of Teaneck’s request, 10 percent of those homes are set aside for affordable housing, which is being administered by a third party funded by AvalonBay. There will be 20 studio units, 101 one-bedroom units, 107 two-bedroom units and 20 three-bedroom units.
The leasing office will open in June 2019, with move-in dates beginning in July 2019. A “We are very excited to be opening AvalonBay Teaneck,” Ladell told The Jewish Link. “We’ve been warmly received by both local officials and residents, who have been in touch looking for updates,” he said.
AvalonBay Communities, a publicly traded Real Estate Investment Trust (REIT) on the New York Stock Exchange, owns or operates close to 300 apartment complexes comprising over 80,000 apartments in 10 states and the District of Columbia. In New Jersey, Ladell has overseen the apartment complex developments in Maplewood, Princeton and Boonton. In addition to Teaneck, Piscataway and Boonton are currently leasing and Old Bridge will be leasing next year. Over the past few years, AvalonBay has built communities in Bloomfield, Union, Roseland, Somerset, Wharton, Bloomingdale, Woodridge, Hackensack, North Bergen, West Long Branch, Tinton Falls, Lyndhurst and Lawrenceville, and has also purchased communities in Aberdeen, East Rutherford, Hoboken, Plainsboro and Watchung.
It has been approximately four years since that AvalonBay Edgewater fire, which was noteworthy in that the entire property was lost, though there was no loss of life. AvalonBay, as a result, voluntarily decided to, systemwide, enhance fire-suppression systems and fire-safety standards. Teaneck also made specific requests regarding fire safety two years ago, all of which AvalonBay agreed to.
The Teaneck property has four stories of apartments next to a five-story parking garage. It will include a two-story fitness center with state-of-the-art Technogym equipment and Fitness on Demand, a resident lounge with free Wi-Fi capability and dining entertainment areas, three outdoor courtyards with barbecue grill stations and numerous seating areas, an outdoor heated pool, an outdoor dog run and a package acceptance system that allows residents to pick up their packages 24/7. The secure covered parking garage will provide residents direct access to their floor.
By Elizabeth Kratz
