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
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.

Residential & Mixed Use
Kislak inks $6.3 million sale of Paterson rental portfolio

A private investor has sold a three-building, 37-unit apartment portfolio in Paterson for nearly $6.3 million, according to brokers with The Kislak Co. Inc.

Residential & Mixed Use
Blau & Berg tapped to market retail space at East Orange apartment building

The developer of a 180-unit apartment building in East Orange has tapped The Blau & Berg Co. to market the property’s ground-floor commercial space.

Government & Public Policy
Short stepping down as NJBA chief executive

Carol Ann Short, the CEO of the New Jersey Builders Association, is stepping down after three decades with the influential trade organization.

Finance & Capital Markets
JLL: Buyer wanted for 1,250-space parking garage in northern Hoboken

A busy 1,250-space parking structure in Hoboken has hit the market for sale, with the potential to command a price of around $40 million.

Residential & Mixed Use
JLL completes sale of 216-unit AvalonBay complex Tinton Falls

AvalonBay Communities Inc. has sold a 216-unit apartment complex in Monmouth County, brokers with JLL announced Tuesday after marketing the property.