DEVELOPERS LEASE 82% OF THE LUXURY RENTAL RESIDENCES IN FIRST SEVEN MONTHS AT JERSEY CITY’S “225 GRAND”

JERSEY CITY, NJ – February 23, 2011 – (RealEstateRama) — The developers of 225 Grand, the premium rental building in downtown Jersey City overlooking the Manhattan skyline and Statue of Liberty, announced today that an impressive 82% of the building’s 348 luxury residences have been leased in the first seven months of availability.