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
New Brunswick apartment tower hits leasing milestone

A new apartment tower in downtown New Brunswick is now 50 percent leased, as interest continues despite the challenges of the coronavirus crisis.

Residential & Mixed Use
Woodbridge, Rahway apartment owner sells 87 units for $25.5 million

A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.

Residential & Mixed Use
West New York apartments sell for $2.1 million, Marcus says

A private investor has sold a 14-unit apartment property in Hudson County for more than $2 million, according to brokers with Marcus & Millichap.

Residential & Mixed Use
Jersey City names development team to launch 100-acre, mixed-income Bayfront project

Officials in Jersey City have unveiled the team that will kick off the 100-acre Bayfront project, a plan that would create the largest mixed-income development in the region.

Residential & Mixed Use
LanTree taps veteran Hovnanian exec as VP of construction management

LanTree Developments has hired a veteran industry executive to help manage its growing construction pipeline of multifamily projects.

Residential & Mixed Use
Larken starts preleasing, eyes opening of 198 apartments in Warren County

Larken Associates has launched preleasing at a soon-to-be-completed, 198-unit luxury residential project in Warren County.

Residential & Mixed Use
Bijou, Intercontinental tout new leasing milestone at Hoboken rental building

Renters have leased more than two-thirds of a new 424-unit apartment building in Hoboken, as interest continues despite the ongoing coronavirus crisis.

Residential & Mixed Use
Amato, a second-generation homebuilder, faces new tests as Shore Builders Association leader

Homebuilder Chris Amato is navigating challenges to the industry as both the head of his family-owned firm and as the new president of the Shore Builders Association of Central New Jersey.

Government & Public Policy
Murphy announces $100 million rental assistance program

The state will provide at least $100 million in assistance to low- and moderate-income renters impacted by the COVID-19 crisis, under a program announced Friday by Gov. Phil Murphy.

Editor’s Note
Thinking positively

Last month I alluded to how quickly things can change during a situation such as a pandemic, especially one that has so dramatically impacted our economy. That is certainly still the case in New Jersey, but the good news is that (as of now), things may be changing for the better.