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.

Builder touts lease-up of Jersey City redevelopment project

The high-end residential complex in Jersey City known as The Beacon has leased up its sixth and final apartment building, marking the completion of a distinctive, ambitious project that saw developers readapt a sprawling early 20th-century hospital.

Toms River, advocates strike affordable housing deal

A deal between local officials and a housing advocacy group will result in Toms River having the fourth-highest number of new affordable housing units in the state in the coming decade.

New brokerage targeting multifamily, commercial sales

Frank Somma By Joshua Burd The co-founder of a longtime North Jersey brokerage firm is starting a new venture. Frank Somma, an industry veteran of more than 40 years, announced recently the formation of Somma Associates LLC. The new firm…

Charging stations, car sharing come to Jersey City buildings

Two of Jersey City’s newest residential buildings are playing host to electric vehicle charging stations and a car sharing program founded by a local developer.

Apartments at Fort Lee’s Hudson Lights open for leasing

Tucker Development is officially seeking tenants for the first residential phase of Hudson Lights, a mixed-use, 1 million-square-foot project that has helped transform downtown Fort Lee.

Final piece of Weehawken condo project underway

Lennar has started construction on 67 new condominiums along the Weehawken waterfront, marking the final phase of the company’s luxury community known as Henley on Hudson.

Area firm hired for preconstruction at Long Branch condo project

The developer of a South Beach-inspired residential complex in Long Branch has retained B. Harvey Construction for preconstruction services at the project, the firm announced.

At NAIOP forum, mayors offer a how-to guide for development

As Woodbridge Mayor John McCormac will tell you, a neighborhood can have a 30-year-old, polluted industrial site that has been abandoned for more than a decade — yet local residents still oppose the mere concept of redevelopment.

Hackensack firm hires two VPs in Jersey City expansion play

Alexander Anderson Real Estate Group has hired executives for two newly created positions as part of an effort to make inroads into Jersey City.

Marcus & Millichap adds Hudson County specialist

An investment sales specialist has found a new home at Marcus & Millichap’s northern New Jersey office, the firm announced Wednesday.