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
Developers hail completion of 114-unit complex at former Irvington hospital site

A development group has unveiled the first piece of a mixed-income residential project at the former site of a blighted, long-vacant hospital in Irvington.

Residential & Mixed Use
Union City retail, apartment property trades for $1.8 million, Marcus says

A private investor has sold a 7,125-square-foot mixed-use building in Union City for nearly $1.8 million, brokers with Marcus & Millichap announced Tuesday.

Government & Public Policy
Liquor license bill remains a balancing act despite support from developers, municipalities

While liquor license reform has broad support from the state’s commercial real estate sector, municipalities and many top business groups, it faces opposition from liquor store owners and large restaurant groups that already hold licenses. Others, who support the spirit of the bill, say it still needs to be tweaked when it comes to aspects such as the pricing of the new specialized licenses and the compensation structure for existing license holders.

Government & Public Policy
Progress, with continued uncertainty: Questions remain as affordable housing moves forward in New Jersey, stakeholders say

The state’s long-running battle over affordable housing policy is still rife with uncertainty and unanswered questions, stakeholders say, even for the roughly 200 towns that have reached settlements on how they will zone for new development.

Residential & Mixed Use
Developer, local officials hail opening of 212-unit Parsippany project

Mill Creek Residential is celebrating the opening of its new luxury apartment community in Parsippany, its third multifamily project in Morris County since 2015.

Retail
United Way luncheon presents annual Impact Award, honors Hollister founder

A high-profile redevelopment project in Newark was honored Friday before a crowd of more than 500, winning an annual award from the United Way of Northern New Jersey.

Photos
SLIDESHOW: NAIOP New Jersey’s 31st commercial real estate awards

NAIOP New Jersey’s annual commercial real estate awards, the state’s largest industry event of the year, drew a sellout crowd of more than 800 to The Palace at Somerset Park on May 10.

Retail
Gourmet market, deli leases 5,000 sq. ft. for second Jersey City location

A gourmet community market and deli will join the retail mix at the growing Jersey City neighborhood known as SoHo West, where it has leased 5,000 square feet.

Roundtable
How is technology changing construction — or creating new development opportunities?

How is technology changing construction — or creating new development opportunities? We assembled a panel of industry experts to tackle this month’s question.

Events
USGBC honors New Jersey sustainability leaders at annual gala

Sustainable and ecofriendly projects were in the spotlight on Wednesday night, as the U.S. Green Building Council of New Jersey handed out its annual green building awards.