Owners of contaminated property in New Jersey may soon have a new financial tool at their disposal as they remediate the sites and prepare them for potential redevelopment.
Features
Real Estate NJ goes in depth on the latest trends, success stories and critical issues facing the commercial real estate industry. Hear what is on the mind of the industry’s power players and get expert analysis as we give you the deepest look inside the market.
Diverse project pipeline, decades of experience remain key to Rotwein+Blake’s success
Rotwein+Blake has made a point to diversify in recent years, expanding beyond its roots in the office and industrial sectors, helping it withstand the pandemic and other recent downturns. The firm now boasts a growing practice in multifamily and mixed-use projects, as it continues to work for many of New Jersey’s most prominent developers.
Developers, city officials taking a holistic approach as northwestern Hoboken grows
It may be the Mile Square City, but Hoboken still has room to grow. After creating mixed-use projects in the largely industrial western half, developers are focusing on the city’s northwestern corner, known as the North End. City officials are in favor of the growth, with a North End Redevelopment Plan in progress that focuses on a diversified tax base, open space and flood-resistant infrastructure.
Tenant interest in ‘hub-and-spoke’ model brings added focus to state’s new-look office stock
A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.