PRC enters New Jersey, acquires 150-unit affordable housing complex in Paulsboro

Real estate firm PRC has acquired a 150-unit apartment complex in Paulsboro, where it’s now planning a major update to help maintain the property’s affordable housing subsidies.

New upscale retail, office space coming to Weichert campus in Morris Plains, RIPCO says

Construction is underway on a project that will transform the Weichert corporate campus in Morris Plains, starting with more than 120,000 square feet of new office and retail space.

Urby breaks ground in Hoboken as residential brand expands in Hudson County

Urby has broken ground on a 16-story, 345-unit apartment tower in Hoboken that will mark the latest expansion of the distinctive residential brand.

KSR: Developer buys Plainfield property for $4.25 million, eyeing major residential project

A developer has acquired the site of a vacant building in Plainfield that will become part of a planned residential project, in a deal arranged by Kassin Sabbagh Realty.

Federal Business Centers, uniform company ink 6,400 sq. ft. lease in Edison, BRC says

An athletic uniform company has taken nearly 6,400 square feet of industrial space in Edison’s Raritan Center, brokers with Bussel Realty Corp. announced Wednesday.

Preserving charm, building for all: The ADA challenge in pre-war renovations

From Journal Square to Paulus Hook, New Jersey’s Gold Coast is lined with stunning pre-war buildings that speak to a bygone era of craftsmanship, character and architectural grandeur. High ceilings, intricate moldings, brick facades and hand-laid parquet floors give these properties a timeless appeal, especially for developers and residents who value authenticity over uniformity. But restoring and reimagining these buildings for modern use — particularly in a way that makes them fully accessible — is one of the biggest challenges construction teams face today.

Minimizing the risk of roof monetization

To avoid the so-called “tail wagging the dog,” rooftop owners can avail themselves of certain strategies in structuring rooftop lease deals to minimize risk. This article touches upon a few strategies, including reserve areas and relocation and recapture rights.

Agus, Treeco buy ShopRite-anchored retail center in South Plainfield for $40 million

A joint venture has acquired a nearly 220,000-square-foot shopping center in South Plainfield for $40 million, brokers with JLL announced Thursday.

Inspired launches sales for new 112-unit upscale condo project in Asbury Park

Inspired by Somerset Development has kicked off sales for more than 100 new condominiums in Asbury Park, adding to the pipeline of luxury for-sale housing along the city’s iconic shoreline.

Toastique set to open in Morristown with husband and wife team at the helm

The gourmet toast, juice and coffee bar concept known as Toastique is coming to Morristown, where a team of franchisees will open a new downtown location in just over a week.