The Ruth Wang Team at Nest Seekers International Sets Sales Record and Closes Bulk Deal at 99 Hudson

Jersey Digs

July 29, 2021

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Nest Seekers International just announced seven closings at Downtown Jersey City luxury residential tower 99 Hudson. The first was a record-setting deal and the remaining six comprised a bulk sale to a corporate buyer. Ruth Wang, a dual-licensed agent based in Nest Seekers International’s Jersey City office led both transactions.

Penthouse 7500 is now the most expensive condo in Jersey City, selling for $3.9 million. The 2,473-square-foot white box space is a blank slate for the buyer to design down to the last detail around panoramic views of Manhattan, Jersey City, and the Hudson River through floor-to-ceiling windows. Two private terraces totaling 1,167 square feet of outdoor space further distinguish PH7500.

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The view north from PH 7500 at 99 Hudson.

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The view south from PH 7500 at 99 Hudson.

The other six condos purchased in the bulk sale are all in the 07 line with views of Jersey City and 99 Hudson’s outdoor swimming pool and amenity deck. The buyer is a well-established corporation and sophisticated real estate investor, aided by Ruth Wang’s customized reports on the Jersey City waterfront condo market.

“Selling or purchasing real estate properties is a major part of many people’s investment portfolios. So rather than spending unnecessary time dealing with the mundane and less important aspects of real estate investing, we want our clients to be able to focus on their own priorities and spend their time doing what will bring them the most value. Our team members are experts in the real estate field, and we will do the research needed to make strategic recommendations for our clients. This will provide them with the confidence and foundation needed to make their best decisions,” Ruth Wang said in a prepared statement.

“These sales highlight the renewed interest in the high end of the Jersey City market. In addition to another record-breaking Penthouse sale, we’re seeing multiple one-bedroom sales above $1,000,000 and two-bedrooms above $1,500,000 at 99 Hudson. Through the help of real estate professionals like Ruth, waterfront homebuyers and smart money investors alike continue to find their way to this side of the Hudson River,” said Edwin Blanco, the sales manager of 99 Hudson.

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The view west from PH 7500 at 99 Hudson.

Ruth Wang and her team offer in-depth analysis and historical comparisons of condo prices. Armed with this data and the team’s forecasts of future price trends in the local real estate market, the corporate buyer was able to make the best investment decision at the best time.

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All of Manhattan is on view from PH 7500 at 99 Hudson.

Prior to joining Nest Seekers International, a global brokerage firm specializing in selling luxury and ultra-luxury properties, Ruth Wang was a commercial real estate broker at
Jones Lang LaSalle for ten years and began her career as a Senior Financial Analyst at a Wall Street venture capital firm. Ruth speaks fluent Mandarin Chinese and holds an MBA in Finance from Pace University. She maintains an extensive network of local, regional, and international professional contacts.

For more information about 99 Hudson and the waterfront condo markets in Jersey City and along the Hudson River, please contact Ruth Wang at 917-696-2678 or ruthw@nestseekers.com.

 

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Dual Licensed in NJ & NY