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.

Government & Public Policy
EDA looks to buy NJ Transit land sites under new legislative proposal, providing cash infusion while spurring development near train stations

State officials have unveiled a new plan to help NJ Transit monetize its real estate holdings, announcing a proposal in which it would sell properties to a fellow agency that it says is better equipped to market them for development.

Residential & Mixed Use
Russo, Hampshire debut 425-unit final phase of Hackensack’s Print House campus

The developers of the high-profile Print House project in Hackensack have completed its second phase, bringing another 425 luxury apartments to the city’s largest new residential property.

Hospitality & Tourism
JLL: Cardinale seeking partners for massive Adventure Crossing project in Jackson

Cardinale Enterprises is seeking equity partners for a three-phase, 222-acre project in Jackson where plans call for a new convention center, two hotels and hundreds of residential units alongside a host of existing retail space and athletic facilities.

Residential & Mixed Use
Kaplan builds on 60-year legacy in Sayreville with new 176-unit rental project

Kaplan Cos. has opened the doors to a new 176-unit rental property in Sayreville, its latest project during six decades of development in the borough.

Residential & Mixed Use
Value Cos. adds retired police chief as construction manager, director of security

Value Cos. has hired former North Caldwell Police Chief Mark Deuer as its construction manager and director of security.

Residential & Mixed Use
Developer lands key approval for 32-unit project at historic hospital site in North Plainfield

More than 30 new apartments are slated to come to the site of a historic sanatorium in North Plainfield after a key approval last month by the borough’s planning board.

Residential & Mixed Use
LeFrak launches leasing at 385-unit upscale rental tower at Newport’s northern end

LeFrak is taking the wraps off a new 385-unit luxury apartment tower in Jersey City, the latest addition to its master-planned Newport district along the Hudson waterfront.

Residential & Mixed Use
Hudson Atlantic: Pennsylvania rental building fetches $6 million, in first trade in 40 years

The longtime owner of a 57-unit apartment building in southeast Pennsylvania has sold the property for $6 million, in a newly announced deal by Hudson Atlantic Realty.

Government & Public Policy
The affordable housing debate: Gubernatorial candidates weigh policy challenges, solutions at New Jersey Planning and Redevelopment Conference

The debate over how to expand affordable housing in New Jersey is far from over, even after the passage of a law to devise the next round of obligations for hundreds of towns and cities. That was clear last week during a roundtable discussion involving four candidates hoping to be the state’s next governor, who were on hand for the annual New Jersey Planning and Redevelopment Conference in New Brunswick.

Residential & Mixed Use
Tay acquires 200-unit development site on Jersey City’s West Side, IPRG says

Tay Investments has acquired a development site on Jersey City’s West Side, paving the way for a project that would bring another 200 apartments to the fast-growing neighborhood.