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Government & Public Policy
Extending a hand to Solomon, Jersey City landlords call for more housing to solve budget, affordability woes

Following a contentious campaign, the Jersey City Apartment Owners Association said it was eager to work with new Jersey City Mayor James Solomon, reaffirming its belief that the best way to solve the city’s budget and affordability crises is to build more housing.

Government & Public Policy
NJBA, NJBIA file appeal to stop Murphy-backed flood elevation rules for development

Two top business groups are going to court to block controversial land use and flood protection rules adopted on Gov. Phil Murphy’s last day in office, stepping up their defense against a program that they’ve long said will cripple development throughout the state.

Residential & Mixed Use
Kislak: Private investor buys new 18-unit North Bergen apartment building for $6.8 million

An 18-unit luxury apartment building in North Bergen has changed hands for nearly $6.8 million, in a newly announced deal by The Kislak Co. Inc.

Professional Services
PS&S acquires Raleigh-based civil engineering, surveying firm Priest Craven

PS&S has established a new hub outside New Jersey with its acquisition of Priest Craven & Associates Inc., a North Carolina-based civil engineering and surveying practice.

Government & Public Policy
Sayreville issues RFP for bar, restaurant on riverfront property with ‘huge potential’

Officials in Sayreville are seeking proposals for a new “destination-quality” waterfront bar and restaurant along a picturesque but vacant stretch of the Raritan River.

Residential & Mixed Use
JLL: Buyer wanted for newly completed 507-unit senior housing property in Cherry Hill

The owner of a 507-unit senior housing community in Cherry Hill has listed it for sale following its recent completion of the high-profile development project.

Industrial
Mapletree sells four New Jersey industrial assets in multistate, $575 million deal with EQT

Mapletree Investments is selling more than 4 million square feet of industrial space to EQT Real Estate for $575 million, in a deal that includes nearly 740,000 square feet in New Jersey.

Professional Services
Goldsmith, esteemed Greenbaum redevelopment lawyer, joins NRBP Real Estate Council

Robert S. Goldsmith, a partner with Greenbaum, Rowe, Smith & Davis LLP and one of the state’s most accomplished land use and redevelopment lawyers, has joined the Newark Regional Business Partnership’s newly formed Real Estate Council.

Professional Services
Wickner Realty debuts tech-driven third-party management firm

Wickner Realty Development Corp. has launched a new third-party management affiliate that will combine its own experience with what it described as the latest technologies.

Government & Public Policy
BPU greenlights massive expansion of community solar, launching new 3,000-megawatt block

A sweeping expansion of New Jersey’s community solar program is set to begin, allowing for a new wave of clean energy projects that benefit both residents and commercial landlords.