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.

Bijou, Intercontinental kick off latest Hoboken project

A joint venture has broken ground on a mixed-use project that will bring 424 new luxury apartments, a recreation center and a two-acre park to a swath of western Hoboken.

Dover project marks latest transit hub community for Capodagli

Construction is underway at the site of a planned 214-unit apartment complex in downtown Dover, where a developer is seeking to capitalize on a busy downtown and nearby mass transit.

Financing aids sale of Central Jersey mobile home community

A firm has arranged more than $23 million in financing for a client to acquire a manufactured housing community less than 10 miles outside New Brunswick.

Joint venture breaks ground in Jersey City on state’s first micro apartment project

Developers have kicked off construction at what they say is the state’s first micro apartment building in New Jersey, while marking the latest project to move ahead in Jersey City.

NJAA earns national awards for leadership, advocacy

The New Jersey Apartment Association has earned national recognition for its work in the Garden State, including a prestigious top honor for its executive director.

Special liquor permit bill would aid development in downtown Hackensack, advocates say

Amid the sweeping push to reform the state’s outdated liquor license laws, stakeholders in Hackensack are seeking a more targeted solution for their city. Business leaders and local officials have thrown their support behind a bill that would allow builders in transit-oriented, downtown redevelopment zones to apply for yearly liquor permits based on the new residents that their projects would bring to the area.

Falafel chain coming to mixed-use Hudson Lights project in Fort Lee

A regional falafel chain has joined the tenant mix at Hudson Lights, the 1 million-square-foot residential, retail and entertainment complex near the George Washington Bridge in Fort Lee.

Bergen County rental building sells for $1.15 million, Marcus & Millichap says

An investor has purchased an eight-unit apartment property in Garfield as part of a $1.15 million transaction arranged by Marcus & Millichap.

Eye on Trenton: Developers wary of proposed changes to tax abatement law

In a state that is increasingly dependent on redevelopment in densely populated, infrastructure-rich towns and cities, lawmakers are mulling changes to a tax abatement statute that is often seen as critical to bringing those projects to life.

Mixed-use light: Target the mix of uses to your market

When exploring options for mixed-use development, it is important to understand the micro market in which you are planning to build. Whether urban or suburban, a close look at existing conditions and other development projects on the boards will identify small niche opportunities for right-sized retail, cultural and restaurant uses.