Cover Story

Our monthly cover story in Real Estate NJ is a must-read, as we bring you an insider’s look at the decisions, personalities and economic conditions that are shaping the market.

Developers, consultants weigh the future of New Jersey’s landmark site remediation program

By Joshua Burd Many developers thrive on speed and certainty — and they’ve had considerably more of both in recent years thanks to a law that changed the landscape of environmental cleanups in the state. Stakeholders are now mulling how…

For LSRPs, a steady pipeline for years to come

Michael Novak, president of Atlantic Environmental Solutions Inc. in Hoboken — Courtesy: AESI The Licensed Site Remediation Professional program has undoubtedly eased the state’s backlog of contaminated sites. In the years to come, that volume could be a fraction of the…

With its ‘assembly line’ approach, Vision’s pipeline is bigger (and bolder) than ever

Vision Real Estate Partners is ramping up the next phase of its pipeline in New Jersey, relying on its “assembly line mentality” and the mix of creativity and capital that has allowed it to thrive with high-profile redevelopment projects in recent years.

Going regional: How JLL has adapted to the new industrial landscape

JLL has regionalized its industrial platform under the leadership of David Knee and Rob Kossar, who are based in JLL’s East Rutherford office and have established their team as a dominant player in the market.

Healthy options: A look at the growth of medical retail in New Jersey

Medical tenants have become increasingly critical to the retail sector, creating a new opportunity for landlords who have grappled with e-commerce and bankrupt retail chains. New Jersey is no exception, and the opportunity comes as urgent care centers, physical therapists and other businesses experience rapid growth spurred by major changes in the health care industry.

For CityMD, there is room to grow in New Jersey

For a business that started in Manhattan, New Jersey seemed like a logical extension for CityMD. But the urgent care chain says that’s as much about culture as it is about geography or the 5 million people in the northern part of the state.

Capodagli is adding to its fast-growing portfolio with new residential, hospitality projects

With nearly 1,000 apartments under construction and some 2,000 more in its pipeline, Capodagli Property Co. is preparing for the next phase of its growth by launching a new hospitality platform that will bring cafés and restaurants to its future developments.

In Hackensack, a proving ground for Cap Hospitality

In crafting the design of the new Cap Diner, Nicolas Geeraerts said he wanted to “bring a little bit” of New York and Brooklyn, while also staying true to New Jersey. He also aims to create a younger, millennial vibe that is also going to attract families. The overall objective is to create a place “that is approachable, pricewise, for everybody (and) … where a community can get together without one person being better than the next,” said Geeraerts, who oversaw the development of a high-end food hall above New York Penn Station.

Higher and better: Developers making strides in repurposing New Jersey’s vacant, outdated office buildings

Slowly but surely, developers have begun to chip away at one of New Jersey’s most chronic issues when it comes to commercial real estate — the abundance of obsolete, aging office buildings that are no longer considered usable by modern standards.

Planting the seed: The time to prepare for legal cannabis is now, real estate experts say

Insiders say the prospect of legalized recreational marijuana could have substantial benefits for New Jersey’s commercial real estate market, even with a long list of risks and complexities.