Battery Global Advisors, LLC
Battery Global Advisors named joint developer as The Lucy tops out
Summary: SJP Properties announced on October 21 that The Lucy in Jersey City had structurally topped out, naming Battery Global Advisors among its joint developers. Construction completion is expected in 2028.
Why it matters: The announcement marks a reported construction-stage milestone for a project naming Battery Global Advisors as a joint developer, not final delivery or an investment outcome.
Summary
SJP Properties announced on October 21, 2026 that The Lucy at 619 Grove Street in Jersey City had structurally topped out. The announcement names SJP, Claremont Development and Battery Global Advisors as joint developers, with PCCP as equity partner. SJP said construction completion is expected in 2028.
Why it matters
For diligence readers tracking Battery Global Advisors’ named development role, the announcement provides a construction-stage update rather than another project launch. Structural topping out is not final delivery, leasing progress or evidence of an investment return; the announcement does not establish Battery Global Advisors’ ownership percentage or capital contribution.
Source notes
- SJP Properties announcement, October 21, 2026: primary direct-party release supporting the milestone, named roles and expected completion year. It is not an independent construction assessment; the precise physical topping-out day is not separately established.
- SEC adviser identity record: identifies Battery Global Advisors, LLC, CRD 158508.
- Battery Global Advisors’ March 30, 2026 Form ADV brochure: manager-hosted identity and business background, not evidence of this project’s investment vehicle or economics. This article concerns Battery Global Advisors, not Battery Ventures.
What to watch
Watch subsequent public disclosures for construction completion, delivery and leasing progress. The expected 2028 completion remains a forecast, not an achieved opening or guaranteed timetable.