Demolition work at the former New York Daily News site in New Jersey has been completed, marking a key milestone in the site’s transformation into a large-scale logistics development.
The property, located adjacent to Liberty State Park with views of Ellis Island and the Statue of Liberty, was acquired by global infrastructure firm Goodman Group in 2024 for a reported $100 million. With demolition now finalized, the company has secured board approval to advance plans for a new logistics facility on the site.
Goodman Group is proposing a two-building, state-of-the-art logistics hub that will deliver up to 427,130 square feet of warehouse space across a 17-acre parcel. The development is designed to accommodate a wide range of industrial users and is expected to play a significant role in addressing limited supply within the regional logistics market.
According to Goodman Group, the project will offer build-to-suit opportunities for a limited time, allowing flexibility for tenants across multiple sectors. Potential uses include advanced manufacturing, logistics operations, food and beverage distribution, cold storage, and facilities requiring high levels of automation or robotics integration.
The planned logistics center will feature high-power electrical capacity, generous clear heights and enhanced floor loading specifications designed to support heavy equipment and modern industrial operations. These features are intended to meet the evolving demands of logistics and manufacturing tenants operating in dense, supply-constrained urban markets.
“Goodman Logistics Centre Jersey City will set a new benchmark for high-productivity logistics space in one of the most supply-constrained markets in the U.S.,” said Anthony Rozic, CEO of Goodman North America.
“Revitalising this iconic site enables us to deliver modern infrastructure that supports the evolving needs of our customers.”
The redevelopment represents a significant repositioning of a historically prominent site into modern industrial infrastructure aligned with regional economic growth and shifting supply chain requirements. The project is anticipated to be delivered by the end of 2026.
Originally reported by Lewis Tyler, Editor, Demolition & Recycling International in Construction Briefing.
