12-story structure with 212 rental apartments and a 374-space automated parking garage located one mile south of the Lincoln Tunnel in Hudson County, NJ.
All Photos, Renderings, Illustrations used in this website are strictly for Illustration/Informative purposes and do not reflect the final physical property. In some cases, a rendering may be used as an artistic interpretation of the preliminary design. It is not meant to be an exact rendition of the final property. Some items may not be standard and/or represent an exact property offering.
Properties listed here are not a complete list of portfolio holdings. Properties have been selected to show the range of property types, geographic locations, and stages of development for properties held by the BIT. It should not be assumed that the properties identified are or will be profitable. A complete list of portfolio holdings can be obtained upon request.
The AFL-CIO Building Investment Trust (the “BIT”, the “Trust”, or the “Fund”) is a bank collective trust for which PNC Bank, National Association (“PNC Bank”) is the trustee. PNC Bank is an indirect, wholly-owned subsidiary of The PNC Financial Services Group, Inc. (“PNC”). PNC may use the service mark “PNC Institutional Asset Management” in connection with certain activities of the Trust.
PNC Bank has retained PNC Realty Investors, Inc. (“PRI”) to provide real estate investment advisory and management services for the BIT. PNC has retained the AFL-CIO Investment Trust Corporation (the “ITC”) to provide investor and labor relation services and AFL-CIO ITC Financial, LLC (“ITC Financial”), an indirect, wholly-owned subsidiary of the ITC, to provide marketing services in connection with the BIT. ITC Financial is a registered broker dealer under the U.S. Securities and Exchange Commission (“SEC”) Act of 1934, as amended, and member with the Financial Industry Regulatory Authority, Inc. (“FINRA”). PNC Bank licenses the ability to use the “AFL- CIO” name in the name of the Trust and in connection with the activities of the Trust.