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
CBRE: Deal sets the stage for redevelopment near train station

CBRE has brokered the long-awaited sale of an industrial site in Long Hill Township, paving the way for a proposed redevelopment of the property as a new transit-oriented community.

Residential & Mixed Use
East Orange apartment sales total $11.75 million

Seven apartment buildings with 140 units in East Orange have changed hands for a combined $11.75 million, in a set of transactions announced Friday by The Kislak Co. Inc.

Residential & Mixed Use
Cervelli brokers investment sales in Jersey City, West New York

An investor has paid nearly $1.2 million for a six-unit apartment building in Jersey City, in one of two recent transactions brokered by Cervelli Real Estate & Property Management.

Residential & Mixed Use
Panepinto tapped for $2.1 billion project in South Korea

Panepinto Properties is taking its experience in waterfront development all the way to South Korea, where it has been tapped to help oversee a $2.1 billion project outside the nation’s capital.

Office
Newark reveals development sites, buildings in Amazon HQ2 proposal (SLIDESHOW)

Newark city officials on Wednesday detailed the development sites and office buildings that were included in their 250-page submission to Amazon, which could announce the short list for its coveted second headquarters project by early next year.

Residential & Mixed Use
Hartz set to launch leasing at new 469-unit luxury rental complex

Hartz Mountain Industries is set to reveal the new 469-unit luxury apartment complex within its well-known, mixed-use Harmon Meadow development in Secaucus.

Government & Public Policy
At NAIOP forum, coalition unveils playbook for redevelopment policy

A group of commercial real estate leaders gathered Tuesday to unveil a new policy agenda to promote smart growth and redevelopment, urging lawmakers and Gov.-elect Phil Murphy to take action that will help New Jersey stay competitive in the years to come.

Residential & Mixed Use
On the market: The most expensive apartment in Jersey City history (PHOTOS)

LeFrak has unveiled what it says is the most expensive apartment listing in Jersey City history.

Government & Public Policy
Public incentives: Building on the success of Grow New Jersey, ERG

Even the staunchest supporters of the state’s incentive programs believe it’s time for a change — but they stop well short of those who call for outright eliminating the powerful economic development tools. To that end, the Smart Growth Economic Development Coalition has proposed a series of amendments to incentives such as the Grow New Jersey tax credit and the Economic Redevelopment and Growth grant. The group cited the need to right-size the offering to reflect changes in the market and to help a broader swath of businesses, while also adding flexibility to the program and rebalancing its policy objectives.

Government & Public Policy
High-powered industry coalition seeks to provide a roadmap for new governor, Legislature

A coalition of commercial real estate industry leaders has unveiled a new set of proposals for Gov.-elect Phil Murphy and state lawmakers, seeking to refine policies that have spurred economic development in recent years and address some of New Jersey’s most glaring needs.