A New York-based firm has acquired an eight-story office building in Jersey City, seeking to capture a value-add opportunity in the city’s growing Journal Square neighborhood.
In Atlantic City, new signs of confidence from investors
A reshaped casino industry and the promise of a nongaming economy are no doubt driving new activity in Atlantic City, but the resort is still grappling with a cash-strapped local government. If you ask some of its newest investors, the city is at least on the path toward a solution after a recent state takeover of the municipality.