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
Adaptive reuse project in Princeton brings housing, retail to former Nelson Glass property

A plan to bring new apartments and retail space to the site of a historic business in Princeton is now complete, according to a team with Joshua Zinder Architecture + Design.

Residential & Mixed Use
Veerman: New York investor sells 211-unit Hudson County rental portfolio for $70 million

An investment firm has sold a five-building, 211-unit apartment portfolio in Hudson County for more than $70 million, in a newly announced deal by Veerman Asset Management.

Residential & Mixed Use
Cervelli tapped to manage eight-building, 131-unit rental portfolio in Hudson, Bergen

The owners of 131 apartments in Hudson and Bergen counties has hired Cervelli Real Estate & Property Management to oversee the eight-building portfolio.

Residential & Mixed Use
Fields Grade, Alpine top out 169-unit multifamily tower in Jersey City

Developers have completed vertical construction of what will become the tallest building in Jersey City’s burgeoning Bergen-Lafayette neighborhood near Liberty State Park.

Professional Services
DeSimone Consulting acquires Dowco global detailing, BIM services business

A global engineering firm with several key projects in New Jersey is set to expand its platform as part of an acquisition announced earlier this month.

Residential & Mixed Use
Marcus New Jersey team helps broker sale of 57-unit rental complex in Raleigh

A private investor has sold a 57-unit apartment complex in Raleigh, North Carolina, for nearly $10 million, according to a broker in Marcus & Millichap’s New Jersey office.

Residential & Mixed Use
Developer set for spring groundbreaking for 43-unit Guttenberg rental project

A joint venture is planning a spring groundbreaking for a project that will bring 43 new apartments to the small town of Guttenberg in Hudson County.

Retail
Katz & Associates promotes New Jersey-based broker to vice president

Katz & Associates has announced a series of promotions to start the year, including one in the brokerage firm’s home office in Englewood Cliffs.

Professional Services
Greenbaum’s Mlenak elected V.P. of Community Associations Institute N.J. chapter

A top redevelopment and land use attorney with Greenbaum Rowe Smith & Davis LLP has been elected vice president of the Community Associations Institute’s New Jersey chapter.

Government & Public Policy
Murphy calls for expanding liquor licenses in New Jersey, making pitch for long-stalled reform

A long-awaited reform to New Jersey’s liquor license laws could be coming soon, as indicated Tuesday by Gov. Phil Murphy, who cast the overhaul as a top priority during his State of the State address and previewed a plan to tackle the hot-button issue.