The Kislak Co. Inc. has arranged the $6.1 million sale of a 40-unit garden apartment complex in Hackensack, marking the second-highest per unit price recorded for such a property in the city.
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.
Is N.J. ready for an affordable housing building boom? Experts weigh in
For all of the uncertainty over how many new affordable housing units that municipalities will be forced to allow — whether it’s 100,000 or 300,000 — there will be another key question to answer when the state Supreme Court makes that determination.
Can the market in New Jersey support that many new homes?
Affordable housing takes center stage at Rutgers event
After decades of litigation and controversy over how to address affordable housing in New Jersey, stakeholders on virtually all sides appear to be coming together on at least one point:
We may finally be inching toward a solution — even if it’s one that is messy, imperfect and still likely to cause additional strife across the state as the key details are worked out.
‘Uber does have a part to play’ in CRE, company official tells NAIOP members
Uber may have unveiled a new partnership with a New Jersey developer earlier this week, but it’s just one of the steps that the ridesharing service has taken — and is planning for the future — to work hand in hand with the real estate industry and other business sectors.
A company official detailed some of those other affiliations last week, speaking directly to a crowd of NAIOP New Jersey members and professionals in Elizabeth.
