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.

VIDEO: Devco records massive 10-hour concrete pour for New Brunswick PAC

More than 300 concrete trucks descended on downtown New Brunswick earlier this month for a continuous, 10-hour pour for the landmark New Brunswick Performing Arts Center project.

With residential leasing underway, HHG turns to next phases of Trenton redevelopment

A development firm has set its sights on what comes next in its redevelopment of Trenton’s iconic Roebling Steel complex: restoring an adjacent building that will result in 100,000 square feet of creative, industrial-style office space — which can effectively come with 10 years of free rent because of state tax credits.

Real estate attorney joins Sills Cummis

A longtime general counsel for area developers has joined Sills Cummis & Gross P.C. as the latest member of its real estate department.

IN THE MOMENT: Russo, Dinallo open new Bergen County multifamily project (SLIDESHOW)

Russo Development and Dinallo Construction recently hosted a grand opening and tour of Waldwick Station, a new transit-oriented, 110-unit luxury apartment community in Waldwick.

Russo, Dinallo open new 110-unit rental project in Waldwick

As a crowd gathered last week to mark the opening of a new luxury rental complex in Waldwick, a nearby resident was among those who had wandered over to the property.

Somerset taps veteran CRE attorney as director of operations

A longtime commercial real estate attorney in New Jersey has joined Somerset Development, having been tapped to help steer the firm’s ambitious residential and mixed-use pipeline.

IN THE MOMENT: AvalonBay takes home honors at NJAA awards gala

AvalonBay Communities Inc. recently took home 20 prestigious awards, including the coveted title of Property Management Company of the Year, at the New Jersey Apartment Association’s 24th annual Garden State Awards.

The Amazon effect: The e-commerce giant has infiltrated every major asset class in New Jersey

Amazon has long been known for having a profound impact on the bricks-and-mortar retail business. But as it turns out, that’s only one piece of the story of how the e-commerce powerhouse is transforming commercial real estate. New Jersey is poised to feel that impact as much as any other state in the country.

Smart homes: Amazon making inroads in package delivery, sound systems

Amazon in mid-October detailed a partnership with some of the country’s largest apartment owners and management firms to install its smart phone-connected package lockers at their properties, in the latest sign of the impact that e-commerce has had on the multifamily sector. Developers have sought to include more sophisticated package rooms and concierge services into their new luxury projects in recent years, in an effort to handle the constant stream of boxes coming into their buildings.

Prism outlines timetable for residential, retail phases at historic factory conversion

Prism Capital Partners is nearing several key milestones in a project that is a decade in the making — the redevelopment of a historic Thomas Edison factory complex in West Orange.