Professional Services

It might be the developers and investors who dream big, but they rely on thousands of service professionals every day to bring their plans to fruition.

Pandemic’s full impact still unclear, prompting a measured approach to property tax appeals

The pandemic’s impact on property valuations is still far from clear, with some owners taking a more measured approach to tax appeals ahead of this year’s filing deadline in New Jersey.

Dresdner Robin details remediation, infrastructure work in Jersey City redevelopment

Land use consultancy Dresdner Robin has completed the first phase of environmental remediation at the site of what will be a mixed-use, two-tower development in Jersey City.

Cresa New Jersey announces new principals among latest additions

Tenant advisory firm Cresa has made four additions to its New Jersey brokerage team.

Ware Malcomb promotes interior design manager in Princeton office

Ware Malcomb has announced a promotion within its Princeton-based interior architecture and design team.

Like-Kind Exchange: What Real Property Can Do For You

The IRS recently released long awaited guidance on Sec. 1031 (like-kind exchanges) and defines what property qualifies for the deferred tax treatment. With the enactment of Tax Cuts and Jobs Act (TCJA), rules provide that no gain or loss is recognized on the sale or exchange of “real property” held in a trade or business or for investment. Prior to the TCJA, “personal property” (like automobiles, machinery or equipment) applied for the deferral. This change means a real estate investor recognizes gain to the extent of money and personal property ineligible for the tax deferral.

Larken highlights project team, women in construction at Pennsylvania multifamily site

Larken Associates recently celebrated National Women in Construction Week by highlighting members of its project team at a new multifamily development in South Central Pennsylvania.

Kwartler named principal at Avison Young

Avison Young has named a new principal in New Jersey, recognizing one of its day-to-day leaders who has also played a key role in the company’s growth in the state.

Former Children’s Place real estate executive joins Resource Realty

Resource Realty of Northern New Jersey has bolstered its team with the addition of a veteran retail industry executive.

B6 touts new broker, new listings for growing New Jersey team

B6 Real Estate Advisors has added to its team in the Garden State, the brokerage firm said, touting the growth of its property listings in Hudson and Union counties.

Transwestern to close New Jersey office in early April, company says

Transwestern is closing its New Jersey office next month, a company representative said, in a move that comes a decade after the commercial real estate services firm entered the market.