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.

Residential & Mixed Use
Hornrock, GTIS unveil 221-unit rental project at ‘gateway’ to downtown Hackensack

A development team has completed a new 221-unit luxury apartment building in Hackensack, part of a two-phase project that has activated a key parcel on the city’s eastern edge.

People
Rockabill promotes Taft to vice president

Affordable housing developer and consulting firm Rockabill has named a new vice president after a promotion on its Hoboken-based team.

Residential & Mixed Use
Denholtz joins partner LMG, local officials to debut 48-unit North Carolina rental property

Denholtz Properties is expanding its Southeast portfolio under a recent partnership, marking the debut of a new 48-unit luxury apartment building about 25 miles outside Charlotte.

Residential & Mixed Use
Kislak inks sale of 32-unit Long Branch apartment building for $6.5 million

The site of a 32-unit apartment building in Long Branch has changed hands for $6.45 million, according to The Kislak Co. Inc., marking the second trade of the property in four years.

Residential & Mixed Use
Kaplan unveils new 128-unit luxury rental complex in Toms River, its first in Ocean County

Kaplan Cos. has completed a new 128-unit luxury apartment complex in Toms River, helping to activate a site near one of the firm’s long-established shopping centers.

Residential & Mixed Use
Russo welcomes project partners, local officials to new Orange apartments

Russo Development recently marked the opening of Essex & Crane, its new luxury apartment building in Orange, welcoming project partners and local officials to tour the 209-unit property.

Event Coverage
Panel: Newark remains a land of opportunity for housing, business — despite long-term hurdles

Optimism is nothing new in Newark, with its rich transportation network, cultural institutions and key anchors in business, health care and academia. But the city still struggles with poverty, education challenges and other barriers that have kept it from blossoming alongside places such as Jersey City, Hoboken and other urban markets, despite billions of dollars in new investment. Panelists said as much last week during Real Estate NJ’s Newark Redevelopment Update, as they debated those challenges and how to unlock the city’s long-held potential.

Government & Public Policy
Scotch Plains taps Woodmont as conditional redeveloper in long-awaited downtown project

Scotch Plains has designated Woodmont Properties as the conditional redeveloper for more than nine acres in its downtown, following a multiyear search aimed at jumpstarting a long-awaited plan for the central business district.

Residential & Mixed Use
Accurate launches leasing at new 185-unit apartment community in Little Falls

Accurate has unveiled another piece of its fast-growing luxury apartment portfolio with the launch of leasing at a new 185-unit property in Little Falls.

Community
Blue Onyx, Paterson Music Project host festival supporting Turkey-Syria earthquake relief

A crowd of Paterson residents and community leaders descended on the city’s Great Falls section earlier this month, supporting relief efforts for the recent earthquake in Turkey and Syria while showcasing a local after-school music program for students.