Skyscraper in New Jersey by Rem Koolhaas

The founder of OMA presented his skyscraper to the public in Jersey City, New Jersey, on February 26, 2007. The site at 111 First Street is expected to feature 710 apartments and studios, a hotel, galleries, restaurants, and shops across 52 floors. The building consists of three stacked rectangular masses, with three public spaces assigned to them. Thanks to a mix of different uses, residents and visitors are encouraged to interact with each other, which is unusual for high-rise projects.
Jersey City lies on the other side of the Hudson River across from Manhattan. It benefits from its proximity to New York and attracts people for whom rent and property prices in the Big Apple are too high. The planned site at 111 First Street currently houses a 130-year-old tobacco factory, the fate of which remains unclear. Koolhaas's project is expected to initiate the neighborhood's development in an artistic direction. 120 studios in the building are subsidized and reserved mainly for artists. In addition, there will be another 117 apartments. The remaining apartments will be sold for prices ranging from half a million to one million dollars. Opposite the planned project, there is already another residential skyscraper, Trump Plaza. Completing the project will take the office another 12-14 months. The completion of the 209-meter tall building, with a total area of 120,000 m², is planned for 2010-11. Link>