A former printing facility known for producing copies of the New York Daily News is undergoing a significant transformation. Located in Jersey City, this historic site is being redeveloped into a state-of-the-art logistics complex, the Goodman Logistics Center Jersey City.
Demolition and Development Timeline
The Goodman Group recently announced the completion of demolition work on the 17-acre property. Planning board approval allows development to proceed, with project completion expected by the end of 2026.
Project Specifications
The Goodman Logistics Center will consist of two buildings, offering a combined total of 427,130 square feet dedicated to warehouse space. This large-scale facility is set to cater to a range of industries, including:
- Advanced manufacturing
- Logistics
- Food and beverage services
- Cold storage
- Automation and robotics
Site Features
The development will boast several modern features designed to support operational needs:
- High-power electrical supply
- Elevated ceiling heights
- Reinforced floors for heavy equipment
- Extensive trailer parking areas
Acquisition Details
The Goodman Group officially acquired the New York Daily News printing facility site in 2024, with the sale price reported to be between $90 million and $100 million. This acquisition marks a significant investment in Jersey City’s logistics infrastructure.
The redevelopment of this historic site into a modern warehouse complex reflects ongoing trends in commerce and logistics, providing vital support for the region’s economy.
