Four years after acquiring a defunct office complex in Parsippany, Stanbery Development Co. is on a clearer path toward fulfilling its plans for a high-end, downtown-style destination at the 17-acre site, which includes about five acres in neighboring Hanover. Known as The District at 1515, the project calls for 100,000 square feet of retail space, 441 residential units and a hotel.
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Breaking through
As you’ll read in this month’s cover story, Stanbery Development Co. has spent more than four years navigating local politics and state regulations in its quest to redevelop a vacant office complex in Parsippany. But the firm is now on a path toward fulfilling its vision, which calls for a mixed-use, downtown-style development anchored by high-end restaurants and retail.
Friends, colleagues recall Stan Simon as a model of integrity in New Jersey real estate
Friends, former colleagues and longtime clients have been paying tribute to the late Stanley Simon, the longtime head of Jacobson Goldfarb & Tanzman LLC, as a “true gentleman” who was among the most effective, honest and respected figures in New Jersey commercial real estate — one who groomed and influenced many of the state’s top brokers.
Already a destination, Garden State Park prepares to add sports betting to retail and restaurant mix
A joint venture is starting on the final piece of more than 1 million square feet of retail and dining space in Cherry Hill, where it has created a destination over more than a decade of development.
The site is now primed to draw even larger crowds later this year with the completion of a new sports book, bar and restaurant, thanks to the recent legalization of sports betting in New Jersey.