The New Jersey Apartment Association’s annual owners’ roundtable kicked off the group’s annual conference and expo in Atlantic City, in what is the industry’s largest annual gatherin…
Government & Public Policy
From zoning disputes to the federal tax code, public policy affects the commercial real estate sector far more than you may realize. For industry leaders, government and politics demand constant attention.
Hollister spearheading Newark Museum rehab, renovation
The Newark Museum has tapped Hollister Construction to rehabilitate and renovate its campus, under a project that would reopen its main entrance to the city’s newly revitalized streetscape.…
Triple Five secures $1.67 billion construction loan for American Dream project
The developer of the American Dream project in the Meadowlands has closed on $1.67 billion in private financing, allowing it to “aggressively move forward” with construction after months of delays at …
Developers, city officials unveil new supermarket in former Elizabeth food desert (SLIDESHOW)
A new 25,000-square-foot supermarket has opened its doors in what had been a food desert in a dense section of Elizabeth, anchoring a $17 million redevelopment project that relied on a medley of priva…
Christie: Raised Bayonne Bridge will open to larger ships by June 30 (VIDEO)
Supersized cargo ships will be able to pass under a newly raised Bayonne Bridge in order to reach Port Newark-Elizabeth as soon as June 30, marking a milestone in a $1.6 billion infrastructure project…
Planting the seed: Developer pitching concept plan for redeveloping 653-acre former research complex
There was a time when the sprawling former American Cyanamid complex in West Windsor bustled with more than 1,000 employees and agricultural researchers. A developer hopes to see the property bustling…
BRC: Brooklyn firm relocating after buying Carteret industrial building
A manufacturer that is moving operations from Brooklyn has purchased a 55,560-square-foot industrial building in Carteret, in a $5.1 million sale brokered by Bussel Realty Corp.…
Long overdue liquor license reform would drive economic development
Restaurants have proven to be desirable anchors for redevelopment projects and magnets for other businesses. However, with few liquor licenses available, smaller local establishments are having their …
Roundtable: What are the biggest challenges to construction and redevelopment in New Jersey?
We assembled a panel of industry experts to tackle this month’s question. What are the biggest challenges to construction and redevelopment in New Jersey?
Here’s what they had to say.…
Officials, developers break ground on $24M affordable housing project in Woodbridge
Construction is underway at what will be a new low- and moderate-income residential community in Woodbridge, replacing a former 1950s-era public housing complex.…