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.

People
Veteran real estate executive Kurtz named new Denholtz Properties CEO

Denholtz Properties has tapped Katie Kurtz as its new CEO, as longtime top executives Steven Denholtz and Stephen Cassidy move into new roles with the Red Bank-based firm.

Top News
NJPAC breaks ground on $336 million campus expansion with 350 rentals, arts education hub

Construction is set to begin on a long-awaited expansion of the New Jersey Performing Arts Center’s campus in Newark, part of a $336 million project that will bring 350 new apartments, office and retail space and a 58,000-square-foot arts education and community center.

Office
Hudson Atlantic opens new headquarters in Parsippany

Brokerage firm Hudson Atlantic has moved its headquarters to Parsippany, eyeing continued growth after launching the multifamily investment sales business in 2022.

Residential & Mixed Use
Developers join Jersey City leaders to tout new housing stock, resurgence in Bergen-Lafayette

The historic Bergen-Lafayette neighborhood in Jersey City took center stage last week as city officials marked the arrival of two new apartment buildings with a combined 208 units.

Real Estate NJ Owners Council
KRE Group launches leasing at 239-unit garden-style project in East Hanover

Kushner Real Estate Group has delivered the latest project in its portfolio of modern garden apartments, unveiling a 239-unit property at a well-known site in East Hanover.

Government & Public Policy
EDA approves $8 million tax credit for Atlantic City office-to-residential project

A developer has secured a key tax credit award for its plan to convert a historic office building in Atlantic City into 56 loft-style apartments and commercial space.

Residential & Mixed Use
Hartz welcomes residents as leasing surges at new 252-unit Weehawken rental property

Renters are flocking to Hartz Mountain Industries’ latest luxury apartment building in Weehawken, a 232-unit property just north of the Hoboken border.

Residential & Mixed Use
New 14-unit condo property hits the market near Long Branch oceanfront, Elliman says

A collection of 14 condominiums two blocks from the Atlantic Ocean has hit the market in Long Branch, with move-ins slated for Memorial Day 2025.

Retail
Abercrombie leases 5,000 sq. ft. for new downtown Hoboken location, Grid Real Estate says

Abercrombie & Fitch is coming to Hoboken’s main retail corridor after leasing 5,000 square feet at a prominent corner property downtown.

Residential & Mixed Use
A key step: For Prism, bringing residential property management in-house is a goal years in the making

Prism Capital Partners has reached a long-held goal of taking its residential property management in-house, a move that is already bearing fruit by providing real-time data that can boost performance, while reducing turnover and optimizing rental rates to ensure that the firm is enhancing the value of each property.