In a state that is increasingly dependent on redevelopment in densely populated, infrastructure-rich towns and cities, lawmakers are mulling changes to a tax abatement statute that is often seen as critical to bringing those projects to life.
Community Investment Strategies Inc. has taken the wraps off its latest project, a 93-unit, affordably priced rental building geared toward senior citizens in Monmouth County.
Most regular readers of this publication can tell that, when it comes to new construction, mixed-use and multifamily projects are the ones making most of the headlines. In fact, there are so many projects in New Jersey these days that we don’t often get to spend much time covering them in depth before we have to move on to the next groundbreaking or ribbon-cutting.
Maintaining a healthy level of connectivity is critical. This is why we need to continuously invest in our infrastructure to keep things like our economy and lives moving. People, goods, cars, trucks, trains, data, energy, drinking water and sewerage need to get places in a timely way. Where and how we live, work and play are influenced by access to these places.
Proposals before the Jersey City council would increase the requirements on developers who receive tax abatements, a published report said, prompting concern among the builders and construction workers who have become a familiar sight in the municipality.
The owners of the Borgata and Caesars casinos in Atlantic City appear poised to work together on an upcoming investment or development project in the seaside resort town.
It was a night to honor the chief executives of two of the state’s most influential real estate trade associations, as hundreds turned out for an annual industry dinner at Monmouth University.
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 gathering in the state.
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.