Malas Development Advances Phase Two Of The Marq In Teaneck, NJ

Malas Development Advances Phase Two Of The Marq In Teaneck, NJ

Malas Development has acquired a 2.5-acre parcel at 359 Alfred Avenue in Teaneck, New Jersey, to launch the second phase of The Marq, a rental community. The upcoming six-story building, designed by CPA Architecture, will add 248 residences to the development. Construction is scheduled to begin in mid-July following the demolition of an existing industrial structure. This next phase follows the successful lease-up of Phase One, which brought 256…

Malas acquires second parcel in Teaneck, eyeing 248-unit second phase of The Marq – Real Estate NJ

The second phase of The Marq in Teaneck will bring another 248 luxury apartments to a site on Alfred Avenue that already features a newly opened, 256-unit building by Malas Development. — Rendering by CPA Architecture/Courtesy: Malas Development By Joshua Burd Malas Development has closed on its acquisition of 2.5 acres in Teaneck, clearing the way for the second phase of a newly opened apartment building near Route 4. The firm said Wednesday th…