Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Residential & Mixed Use

As towns push fair share plans, developers face an interesting twist

Along with a new opportunity, a potential statewide push for affordable housing comes with a touch of irony for developers like Pennrose.

Hospitality & Tourism

Hard Rock unveils renovation plans for Taj Mahal with Morris, Jingoli families

The famed exterior of the Trump Taj Mahal will soon be gone from the Atlantic City Boardwalk and replaced by another iconic brand, the Hard Rock Hotel & Casino.

But Jim Allen says that transforming the property is about far more than changing what’s on the outside.

Retail

Payless IDs N.J. stores slated for closure

Payless Shoe Source will close seven stores in New Jersey amid some 400 store closures nationwide, the latest in a wave of downsizing by some of the nation’s most recognizable retail brands.

Hospitality & Tourism

Details of Hard Rock’s plans for the former Taj Mahal

Sitting on 17 acres of prime Boardwalk real estate, the former Taj Mahal is in line for a $375 million overhaul under the ownership of Hard Rock International and the Morris and Jingoli families.

Health Care & Education

Rutgers College Avenue project wins top architecture award

A project that has helped redevelop the heart of Rutgers University’s main campus in New Brunswick has earned a prestigious recognition in the design field.

Office

Mack-Cali announces new roles for DeMarco, Rudin

Mack-Cali Realty Corp. announced Wednesday that Michael J. DeMarco, who has served as president and chief operating officer since mid-2015, will assume the title of CEO. Mitchell Rudin, who had been CEO, will become vice chairman effective immediately.