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.

People
Larken promotes Dorell to director of design

Larken Associates has promoted Jillian Dorell to director of design, touting her role in several of the commercial real estate firm’s recent development projects.

Government & Public Policy
Perth Amboy taps city native as executive director of redevelopment agency

The Perth Amboy Redevelopment Agency has named a lifetime city resident and longtime public servant as its new executive director.

Residential & Mixed Use
Kislak brokers sale of 58-unit apartment complex in New York’s Southern Tier

The longtime owners of a 58-unit apartment complex in New York’s Southern Tier has sold the property for $2.83 million, in a deal arranged by The Kislak Co. Inc.

Finance & Capital Markets
Progress Capital sources $15 million construction loan for 57-unit Roselle Park project

A developer has landed a nearly $15 million construction loan for a planned 57-unit apartment building in Roselle Park, in a deal arranged by Progress Capital.

Finance & Capital Markets
HSF inks $53 million construction loan for 135-unit North Bergen rental project

The developer of a new 10-story, 135-unit luxury apartment building in North Bergen has secured nearly $53 million in financing from HALL Structured Finance.

Residential & Mixed Use
Jersey City public housing complex to be rebuilt with 631 affordable, market-rate units

More than 600 new apartments and condominiums are coming to the site of an 80-year-old public housing complex in Jersey City, officials said, under a plan that would include both lower-income and market-rate units and a new branch of the city’s public library.

Retail
Starbucks, Jersey Mike’s among new retailers at Hackensack’s Print House, NAI Hanson says

Starbucks and Jersey Mike’s are coming to a mixed-use community at the former Bergen Record site in Hackensack, joining previously announced retail tenants such as Blue Foundry Bank and Hackensack Meridian Health at the River Street property.

Professional Services
Studio 1200 promotes residential, mixed-use team leader Tarquinio to principal

Studio 1200 has promoted the head of its residential and mixed-use teams to principal, the Short Hills-based architecture and interior design firm announced.

Sponsored Content
Maximizing value through placemaking

Thoughtful placemaking executed with the proper design strategies creates a vibrant, authentic sense of place offering value through rental and occupancy premiums and allows for real estate to evolve and meet current sustainable lifestyles. More than just mixed-use developments, successful placemaking projects seek to attract people, make them feel comfortable and activate the built environment in ways that encourage them to stay or return. Today’s residents, office tenants, retail patrons and pedestrians desire an integrated living, working, learning and shopping environment that is intentionally planned to create places that foster community and neighborhood growth.

Residential & Mixed Use
KRE, Russo launch leasing at final piece of sprawling luxury rental complex in Rockaway

Kushner Real Estate Group and Russo Development have unveiled the final piece of a new 345-unit luxury apartment complex in Rockaway Township, the firms announced.