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.

Residential & Mixed Use
Procida eyes $40 million rehab of historic Paterson silk mill, with plans for 127 apartments

A development team led by Procida Funding has unveiled plans to create nearly 130 new apartments at the site of a historic mill complex near Paterson’s Great Falls.

Retail
Eden Wood taps Rarefied as retail agent for 88-acre town center project in Whippany

A developer has picked Rarefied Real Estate Partners to spearhead retail leasing at a mixed-use, 88-acre project that aims to revitalize a historic former industrial site in Hanover.

Professional Services
Vierheilig joins STV as leader of national buildings architecture, engineering practice

Professional services firm STV has tapped a longtime and well-known New Jersey design professional as the head of its national buildings architecture and engineering team.

Retail
Port Authority taps Grid as retail agent for Journal Square station

The Port Authority of New York and New Jersey has hired Grid Real Estate LLC as the retail leasing agent for the busy Journal Square Transportation Center in Jersey City.

Deals
Developer buys 15-acre multifamily site in Burlington Co., Rose Commercial says

A developer has purchased nearly 15 acres of vacant land on Route 130 in Burlington County, in a newly announced deal by Rose Commercial Real Estate.

Government & Public Policy
Recreational cannabis sales in New Jersey set to begin April 21, regulators says

Sales of adult use recreational marijuana in New Jersey are slated to begin in less than a week after state officials approved the expansion of several existing medical dispensaries.

Top News
Newark cultural institutions eye high-profile projects, creation of new downtown arts hub

A series of high-profile development projects are poised to infuse three of Newark’s cultural anchors, while helping to advance economic growth in and around the downtown.

Top News
JLL: Buyer wanted for 127,000 sq. ft. CAE training center in Whippany

The site of a fully leased aviation training center in Morris County is on the market for sale, in a newly announced offering by JLL’s New Jersey capital markets team.

Professional Services
PS&S acquires leading transportation, infrastructure firm B. Thayer Associates

PS&S, the Warren-based professional services firm, has acquired the assets of a New York-based consulting practice involved in some of the region’s largest infrastructure projects.

Residential & Mixed Use
Denholtz unveils luxury rentals, retail space in latest investment in Red Bank

Denholtz Properties has taken another key step in its plan to help jumpstart Red Bank’s west side, as it prepares to open a new luxury apartment building alongside its headquarters and NJ Transit rail service, making good on a plan that began around 2016.