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
RPM enters final stretch of sales at Fort Monmouth housing site, offers ‘quick delivery’

RPM Development Group has sold more than two-thirds of the homes at an upscale residential project in Monmouth County, where it’s now offering virtual tours and expedited delivery.

Government & Public Policy
Murphy: Apartment renters can now use security deposit to help with payments

Apartment tenants in New Jersey may now tap their security deposits to help pay rent during the COVID-19 crisis, under a newly signed executive order by Gov. Phil Murphy.

Top News
Mack-Cali details rent collections, construction activity during pandemic

Rent collections for Mack-Cali Realty Corp.’s office and residential holdings have held strong thus far, as the company works with tenants to navigate the COVID-19 economic crisis.

Top News
Planned Cos. launches $500,000 relief fund for employees impacted by COVID-19

A Parsippany-based building services company has launched a $500,000 relief fund to support its employees during the coronavirus crisis.

Top News
Villanova students win top spot in annual NAIOP college case study competition

A team of Villanova University students took top honors for this year’s NAIOP New Jersey case study competition, offering a winning plan to repurpose a former silk mill in Paterson. 

Government & Public Policy
Judge sides with landlords, halts rollout of Montclair rent control

A judge has blocked the implementation of a new rent control ordinance in Montclair, siding with property owners who contested the measure after its passage earlier this month.

Government & Public Policy
Montclair landlords sue to block rent control ordinance passed during stay-at-home order

A group of Montclair landlords has sued to overturn a new rent control ordinance in the township, alleging the governing body took action in the midst of the COVID-19 crisis when opponents could not fully mobilize against the measure.

Finance & Capital Markets
Sierotko promoted to EVP, chief lending officer at Provident

Provident Bank has promoted its top commercial real estate lender to executive vice president, chief lending officer.

Residential & Mixed Use
Hoboken Brownstone is making its mark in Jersey City, backed by 40 years of urban redevelopment expertise

With a tried and true formula that goes back 40 years, Hoboken Brownstone Co. now has a development and construction pipeline in Jersey City of more than 2,000 luxury apartments.

Office
Mack-Cali unveils new board nominees, with Mack set to step down as chairman

Mack-Cali Realty Corp. has unveiled a new slate of nominees for election to its board of directors, as longtime Chairman William L. Mack prepares to step down in conjunction with the company’s mandatory retirement age policy.