Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Residential & Mixed Use
Partnerships, collaboration in focus as NAIOP gala honors CRE leaders and deals of the year

Commercial real estate leaders turned out Thursday for NAIOP New Jersey’s annual gala, where the chapter honored five key figures and unveiled its coveted Deal of the Year winners.

Retail
Kushner, Whole Foods ink lease in Eatontown as Monmouth Mall redevelopment moves ahead

Kushner Cos. has signed a 40,000-square-foot lease to bring Whole Foods to Eatontown, landing a key tenant as it advances its plan to transform the sprawling Monmouth Mall property.

Residential & Mixed Use
KRE, National top out final Journal Squared tower in Jersey City, slated to add 598 units

The team behind the landmark Journal Squared project in Jersey City has reached another milestone, having topped out the third and final building at a site that will ultimately include more than 1,800 apartments and 36,000 square feet of retail and restaurant space.

Residential & Mixed Use
Russo unveils 209-unit rental project at Orange train station

Russo Development has completed a new 209-unit luxury apartment building at the foot of the Orange train station, marking the first of two phases in the city’s burgeoning downtown.

Residential & Mixed Use
J&L debuts 403-unit luxury apartment building in Newark’s Ironbound section

J&L Cos. is opening the doors to a highly anticipated, 403-unit apartment building in Newark’s historic Ironbound section.

Residential & Mixed Use
Larken Associates debuts indoor, outdoor amenities at 272-unit Bordentown rental project

Larken Associates has unveiled a series of amenities at The Reserve at Crosswicks, its new 272-unit luxury multifamily property in Bordentown.

Residential & Mixed Use
JCMLiving breaks ground on 295-unit rental project at Wood-Ridge’s Wesmont Station

Development firm JCMLiving has broken ground on a 295-unit apartment property in Wood-Ridge, in the final residential phase of the borough’s high-profile Wesmont Station project.

Deals
Developers buy Elizabeth property, prospective development site, for $2.9 million

A development team has entered Union County with its purchase of a one-acre commercial property in Elizabeth, according to a broker with Gebroe-Hammer Associates.

Government & Public Policy
EDA pledges Aspire tax credits for major Newark, Camden and Morristown housing projects

The state has lent its support to three projects that will create or renovate a combined 728 apartments in Newark, Camden and Morristown — most of them for lower-income renters — after awarding nearly $121 million in tax credits under a new gap financing program.

Residential & Mixed Use
NRP Group, Bayoh unveil 56-unit affordable housing project in Irvington

A development team has completed 56 units of affordable housing in Irvington, where it has brought life to a long-vacant parcel in one of the township’s main thoroughfares.