Hospitality & Tourism

Whether it’s the proximity to New York City or all of the tourist attractions that New Jersey has to offer, the Garden State’s hospitality industry is booming. Hotels are increasingly becoming part of major redevelopment projects.

The Rundown
Report: Council approves tax breaks for NJCU developments

Officials in Jersey City have approved tax abatements for three mixed-use buildings by a private developer at New Jersey City University’s main campus, a published report said Thursday.

Professional Services
New Weichert Commercial unit aims to help investor clients

Weichert Commercial Brokerage Inc. has launched a new platform aimed at assisting clients seeking to invest in commercial real estate, the company announced Tuesday.

Residential & Mixed Use
With condo project, FEM hopes to bring South Beach to the Jersey Shore

South Beach at Long Branch is more than a year away from opening, but it has already helped fuel new momentum in one of the city’s key redevelopment zones.

The Rundown
Lawmakers OK bill to impose casino license suspension

A bill that is headed to Gov. Chris Christie’s desk would impose a five-year casino license suspension on billionaire investor Carl Icahn, who owns the shuttered Trump Taj Mahal in Atlantic City.

Hospitality & Tourism
Architect unveils 3D animation of proposed Morristown hotel (VIDEO)

Attendees at a recent Morristown planning board meeting were offered a virtual tour of where a developer hopes to build a new 117-unit hotel — thanks to a 3D animation produced by the project’s architect.

Health Care & Education
Industry hopefuls meet industry leaders at career seminar

A career seminar hosted by Montclair State University’s Feliciano School of Business connected attendees with real estate industry leaders in several specialties, including brokerage, property management, value-add investing, development and institutional investing.

Government & Public Policy
Victory for gas tax dedication, failure for casino expansion

Amid the stunning outcome of Tuesday’s presidential election, New Jersey residents voted as expected and overwhelmingly rejected a ballot question to expand casino gaming in the state.

The Rundown
Developer seeks OK for Morristown’s first new hotel in decades

The development team behind what would be Morristown’s first new hotel in more than 35 years is now making its case to local officials, appearing before the town’s planning board for the first time last week.

Hospitality & Tourism
Developer pitches Newark site for North Jersey casino

A local developer is pushing a site in Newark as the home of a casino if voters approve a statewide gaming expansion next month — and he is meeting with operators from Atlantic City about the proposal.

Health Care & Education
Nonprofit sues Paterson hospital over scrapped hotel project

A nonprofit group in Paterson is suing St. Joseph’s Medical Center over its decision to pull out of a plan to build a hotel on hospital property, according to a published report.