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.

Sanzari acquires Metuchen rental complex

Alfred Sanzari Enterprises has acquired a newly built 49-unit apartment complex in Metuchen, expanding the company’s reach in the central New Jersey residential market.

Rutgers conference to shine a light on affordable housing stalemate — and solutions

As the state Supreme Court weighs the issue of affordable housing, stakeholders will gather later this month to shed light on the issue and tackle one of New Jersey’s most divisive and seemingly unsolvable public policy questions of the past three decades.

Hekemian starts leasing at new Englewood apartments

The S. Hekemian Group has taken the wraps off a new 195-unit luxury apartment building in Englewood, the latest piece of its mixed-use redevelopment known as Englewood South.

Advance opens new Hoboken rental building

With the rebuilt 14th Street viaduct as a backdrop, Advance Realty joined public officials on Wednesday to unveil its new luxury apartment building in northern Hoboken.

Gebroe-Hammer brokers three Jersey Shore multifamily deals

Two multifamily properties in Asbury Park have changed hands for more than $9 million, one of three Jersey Shore-area deals arranged recently by Gebroe-Hammer Associates.

Reports: 100,000 affordable units at stake in Supreme Court case

Arguments before the state Supreme Court are now underway in one of more pivotal cases tied to New Jersey’s beleaguered affordable housing policy, centering on the so-called gap years in which developers and towns were without clear guidelines.

NJBA honors Riggs for decades of service to homebuilding industry

Industry leaders hailed the accomplishments of Joe Riggs, a longtime group president with K. Hovnanian Enterprises, during an evening reception in Florham Park. The New Jersey Builders Association hosted the event as part of a fundraiser for its political action committee, drawing some 250 homebuilding executives and professionals to the Park Avenue Club and raising about $150,000.

With Cast Iron Lofts, a new neighborhood rises in J.C.

The roughly $170 million Cast Iron Lofts project is just the start of what Manhattan Building Co. ultimately sees as a 2,500-unit community dubbed SoHo West, as it turns its focus to two other towers that are now under construction about a block away.

Affordable housing builder breaks ground in Vineland

A developer has broken ground on a new affordable housing and retail complex in downtown Vineland after securing nearly $18 million in financing, a representative said.

NJAA honors top apartment players at annual gala

More than 700 professionals from the multifamily housing industry gathered recently to honor companies, individuals and allied services at the New Jersey Apartment Association’s 23rd Annual Garden State Awards of Excellence gala.