 The former Hudson and Manhattan Railroad Powerhouse is the building that anchors this neighborhood and when it is renovated it will maintain its shell that so many locals are used to seeing.A Trump Plaza is currently being constructed on the property to the south of the Powerhouse.In January 2016, the Federal Aviation Administration gave navigational clearance for construction of a residential and commercial tower planned by the Chinese Overseas America Corporation, which would succeed the Goldman Sachs Tower as the tallest skyscraper in New Jersey.