Four properties with a combined 100 apartments have changed hands in Long Branch and Asbury Park, following a set of transactions brokered by The Kislak Co. Inc.
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.
For apartment sector, uncertainty in Washington threatens policy priorities
Despite the benefits of last year’s federal tax reform, the apartment sector is grappling with uncertainty and unpredictability in Washington, D.C., raising questions about the future of affordable housing and other high-stakes policy issues. That was one key message from experts who gathered recently during the New Jersey Apartment Association’s annual conference and expo, which drew a registered crowd of more than 1,600 to the Atlantic City Convention Center.
Reinvention of historic Edison complex nearly complete, as first residents move in
The long-awaited project known as Edison Village is nearing completion and already welcoming residents to its first phase: a new three-story, 34-unit building known as Edison Mews. In the coming months, Prism expects to deliver another 300 apartments when it completes its renovation and reconstruction of the 100-year-old factory complex on Main Street.
