Fort Lee Approves Another Extension for 78-Unit Development at 2365 Hudson Terrace

The Fort Lee Zoning Board of Adjustment has approved another extension of time for a previously approved 78-unit residential development at 2365 Hudson Terrace.

The extension appeared on the Board’s July 14, 2026 agenda under Docket No. 30-22. The July 28 agenda subsequently listed the extension as approved under “Memorializations,” indicating that the Board had granted the request and was formally recording its decision. The publicly posted agenda does not state the new expiration date of the approval. 

This is not a newly approved 78-unit development. The underlying project received preliminary and final major site-plan approval in July 2023. The latest action gives the developer additional time to preserve or act upon that approval. 

Project at a glance

What was approved in July 2026?

The July 2026 action concerned an extension of time for the existing preliminary and final major site plan approvals.

Fort Lee’s July 14 agenda described the request as:

Extension of Time – Preliminary & Final Major Site Plan – 78-Unit Residential Building.

The July 28 agenda then listed the same application as approved under the Board’s memorializations. The reviewed July 28 agenda does not identify the length of the new extension or its revised expiration date. 

The extension should not be interpreted as evidence that:

• A different building has been approved
• The number of homes has increased
• Construction permits have been issued
• Construction has started
• Homes are being marketed for sale or rent
• The development will necessarily be completed as originally designed

Those milestones would require separate confirmation.

What was previously located at 2365 Hudson Terrace?

The property was formerly occupied by the Knightsbridge residential building. A major fire on June 5, 2021, severely damaged the five-story building and displaced residents from its 36 units. Public reporting described portions of the building as having collapsed during the fire. 

By the time the new development was presented to the Zoning Board in July 2023, the applicant’s engineer stated that the former multifamily structure had been demolished, although a garage and storage building remained on the property.

For a broader look at the town, see our Fort Lee real estate guide. 

What does the approved development include?

The project presented to the Board in 2023 proposed a six-story residential building containing 78 homes.

According to the official meeting minutes, the applicant had previously considered a 99-unit design but reduced the proposal to 78 units and six stories before receiving approval. The building was described as approximately 70 feet tall. 

Proposed housing mix

The traffic testimony recorded the following unit mix:

• 34 one-bedroom homes
• 36 two-bedroom homes
• 8 three-bedroom homes

That produces the approved total of 78 homes.

Proposed amenities

The architectural presentation included:

• A central courtyard
• A swimming pool
• Lounge space
• A gym
• Bicycle storage for 50 bicycles
• Landscaping along the property and street frontages
• Enclosed parking

The meeting minutes also refer to private trash collection, a compactor and a possible rooftop emergency generator, although the generator had not been definitively selected at the time of the hearing.

How much parking is proposed?

The official July 2023 minutes contain inconsistent parking figures.

The architect’s testimony stated that 135 parking spaces were proposed. The traffic testimony later described parking levels containing 63 and 72 spaces, which would also total 135. However, the same traffic testimony later stated that 130 spaces would be provided, including 122 assigned and 8 unassigned. 

Because the municipal minutes contain both figures, the final parking count should be verified against:

• The memorialising approval resolution
• The final approved site plans
• Any amended plans
• Construction-permit documents

The article should not select one number and silently disregard the other.

Where would vehicles enter the development?

The plans presented in 2023 placed all vehicle access on 8th Street, with no vehicle entrance on Hudson Terrace.

The applicant’s traffic engineer estimated that the development would generate 23 morning peak-hour trips, 31 evening peak-hour trips and 31 Saturday trips. The engineer also stated that the expected increase over prior conditions would not have a significant effect on traffic. These were the applicant’s expert estimates presented to the Board, not a guarantee of future traffic conditions.

What approvals were originally granted?

The Fort Lee Zoning Board voted 7-0 on July 11, 2023, to grant preliminary and final major site-plan approval for the 78-unit building.

The project required zoning relief discussed during the hearing, including an extra-story variance and other site-related variances. The Board’s planner and traffic professionals questioned parking, driveway separation and other design details before the vote. 

The approval authorised the project subject to the approved plans and applicable conditions. It did not mean that construction would begin immediately.

Why has the project needed extensions?

The first publicly documented extension was considered in June 2025.

At its June 24, 2025 meeting, the Zoning Board voted 5-0 to extend the approval through July 24, 2026. That decision was subsequently memorialised on July 8, 2025.

The applicant returned in July 2026 for another extension. The latest public agenda confirms approval but does not disclose:

• The new expiration date
• The applicant’s reason for requesting more time
• Whether financing has been secured
• Whether the approved design has changed
• Whether building permits have been submitted
• When construction might begin. 

Until the full July 2026 resolution or meeting minutes are published, those details remain unconfirmed.

Will the new homes be sold or rented?

During the 2023 hearing, the applicant’s attorney stated that the homes would be offered for sale to former tenants of the previous building. 

That statement provides context about the applicant’s intention at the time. However, the reviewed records do not establish:

• Whether every home will be offered for sale
• Whether the development will operate as a condominium
• Whether any units will be rented
• What prices might be charged
• Whether prior tenants retain any contractual purchase rights
• Whether the proposed sales structure has changed since 2023

No homes should be described as currently available unless a verified sales or marketing announcement is issued.
In the meantime, buyers can search homes for sale in Fort Lee and renters can explore homes for rent in Fort Lee among existing inventory.  

How could the project affect Fort Lee’s housing supply?

If constructed with the approved 78 homes, the development would replace the former 36-unit Knightsbridge building.

That would represent a potential net increase of approximately 42 homes at the site. This calculation is an inference based on the previously reported 36-unit building and the approved 78-unit proposal. It does not account for any later revisions to the project. 

The project would also introduce a broader mix of one-, two-, and three-bedroom homes at a site near the George Washington Bridge and the Palisades Interstate Parkway.

Its actual impact on nearby property values, traffic, parking or housing availability cannot be determined from the approval documents alone.

Investors evaluating the surrounding corridor can also review Fort Lee commercial properties for sale .

Current status of the 2365 Hudson Terrace project

What should residents and prospective buyers monitor next?

The next meaningful project updates would include:

1. Publication of the July 2026 extension resolution or meeting minutes
2. Confirmation of the new approval-expiration date
3. Submission of amended architectural or engineering plans
4. Issuance of demolition, site-work or building permits
5. Construction-financing announcements
6. A groundbreaking or site-preparation notice
7. Sales, condominium-registration or leasing information
8. Changes to the unit count, parking plan or building design

Fort Lee publishes Zoning Board agendas and approved minutes through its official Agenda Center. The Board’s page states that agendas are available before meetings and minutes are posted after approval. 

 For a full picture of the area, read our guide to living in Fort Lee, NJ. 

Disclaimer

This article is provided for general informational and local real-estate research purposes only. It does not constitute legal, zoning, planning, engineering, environmental, financial, tax, investment, or real estate advice.

An extension of a land-use or site-plan approval does not necessarily mean that construction is imminent, financing has been obtained, permits have been issued, the approved design remains unchanged, the development will be completed, or homes are available for sale or rent.

Project designs, unit counts, parking totals, ownership structures, construction schedules, and marketing plans may change during municipal review, amended applications, financing, permitting, and construction.

The official July 2023 minutes contain inconsistent references to 130 and 135 parking spaces. BergenRealEstate.com has not attempted to resolve that inconsistency without the final approved plans or memorialising resolution.

Readers should verify the latest information directly with the Borough of Fort Lee, the Zoning Board of Adjustment, the Building Department, the Borough Clerk, the applicant and appropriately licensed professionals before making a property, investment or development decision.

BergenRealEstate.com is not affiliated with the Borough of Fort Lee, the Zoning Board, 2365 Hud Terr, LLC, the applicant’s representatives or the former Knightsbridge property owners unless expressly disclosed. Mention of the project does not constitute an endorsement, a prediction that construction will occur or a representation that homes are currently available.

For questions about this or similar developments, contact our team in Fort Lee.

Sources and References

[1] Fort Lee Zoning Board of Adjustment Agenda, July 28, 2026
Official municipal agenda listing Docket No. 30-22 under memorializations as an approved extension for the 78-unit residential building at 2365 Hudson Terrace. (Fort Lee Borough)

[2] Fort Lee Zoning Board of Adjustment Agenda, July 14, 2026
Official agenda listing the applicant’s extension-of-time request for the previously approved preliminary and final major site plan. (Fort Lee Borough)

[3] Fort Lee Zoning Board of Adjustment Minutes, July 11, 2023
Official minutes covering the original site-plan hearing, development design, unit mix, parking testimony, access, amenities, variances and approval vote. (Fort Lee Borough)

[4] Fort Lee Zoning Board of Adjustment Minutes, June 24, 2025
Official minutes recording the first extension through July 24, 2026. (Fort Lee Borough)

[5] Fort Lee Zoning Board of Adjustment Minutes, July 8, 2025
Official minutes memorialising the 2025 extension approval. (Fort Lee Borough)

[6] Reporting on the June 2021 Knightsbridge Fire
Contemporary reports describing the major fire at the former 2365 Hudson Terrace building and the displacement of residents. (Fire Engineering)

Frequently Asked Questions

Did Fort Lee approve a new 78-unit building in July 2026?

No new project approval was identified in July 2026. The Board approved an extension of time for the 78-unit project that originally received preliminary and final major site-plan approval in July 2023.

Where is the development planned?

The project is planned for 2365 Hudson Terrace, identified in the municipal records as Block 7160, Lot 3.

How many stories would the building have?

The design presented and approved in 2023 was described as six stories and approximately 70 feet tall.

How many bedrooms would the homes have?

The 2023 testimony described 34 one-bedroom, 36 two-bedroom and eight three-bedroom homes.

How many parking spaces are planned?

The official minutes contain both 130-space and 135-space figures. The exact approved count should be confirmed through the final site plans or approval resolution.

Has construction started?

The municipal records reviewed for this article do not confirm that construction of the new residential building has begun.

When does the latest extension expire?

The July 28, 2026 agenda confirms that the extension was approved, but it does not state the new expiration date. That information should be added after the resolution or approved minutes are published.

Are the homes currently available for sale?

No verified sales launch was identified in the reviewed records. The applicant’s attorney said in 2023 that units would be offered to former tenants, but neither current availability nor sales terms have been confirmed.

When does the latest extension expire?

The July 28, 2026 agenda confirms that the extension was approved, but it does not state the new expiration date. That information should be added after the resolution or approved minutes are published.

Are the homes currently available for sale?

No verified sales launch was identified in the reviewed records. The applicant’s attorney said in 2023 that units would be offered to former tenants, but neither current availability nor sales terms have been confirmed.