Larken accounting manager earns expanded role as Yardi systems admin

Larken Associates has announced a promotion on its residential accounting team as part of a plan to further implement a key technology platform.

Real Estate NJ’s 2022 Market Forecast

Every year has its ups and downs. Every market has highs and lows. Both were true when it came to New Jersey’s commercial real estate sector in 2021, a year that marked ongoing dominance for some asset classes, as COVID-19 continued to loom over others. Whether those trends endure in 2022 remains to be seen, but we’ve recruited some of the industry’s most prominent developers, service providers and insiders to help set the stage. You can find their predictions, insights and more in our special 2022 Market Forecast.

Fast-growing Jersey City tech firm shows need, potential for post-pandemic office space

The look, feel and function of the post-pandemic workplace is still uncertain, but a technology firm’s recent expansion in Jersey City is a reminder of why companies will still need office space going forward.

ESG: An effective agent for positive change and a profitable ROI for CRE

What is ESG — or environmental, social and governance? It is basically a framework to assess how a commercial real estate portfolio manages risks and opportunities resulting from shifting conditions, market and otherwise, to environmental, social and economic systems. Environmental criteria address a company’s impact on and stewardship of the environment. Social criteria refer to how a company manages relationships with and creates value for stakeholders, such as customers, employees, suppliers, communities and shareholders. Governance criteria refer to a company’s leadership and management philosophy, practices, policies, internal controls and shareholder rights, including diversity, equity and inclusion and transparency of procedures and decision-making.  

Don Bosco announces new engineering center with gifts from Forgione, anonymous donor

Don Bosco Prep has announced the start of construction for a new robotics and engineering learning center at its Ramsey campus, thanks in large part to the support of developer Joe Forgione.

Owner of Mount Laurel office buildings announces rooftop solar projects

A property owner is expanding its renewable energy platform in the region with the addition of rooftop solar panels at two Mount Laurel office buildings.

Blackstone logistics, clean energy firms detail solar panel projects across New Jersey portfolio

A pair of Blackstone affiliates have unveiled plans to build rooftop solar panels across a portfolio of New Jersey warehouses, bringing renewable energy to some 10,000 homes in the state.

Starting anew

The debate over New Jersey’s corporate incentive programs has been well-chronicled in recent years, but regardless of where you fall on the issue, there’s no denying their influence on the state’s commercial real estate market. That influence was all but gone for two years after Grow New Jersey and other subsidy programs were allowed to expire in summer 2019, with no immediate replacements in sight until Gov. Phil Murphy and lawmakers agreed on new incentives late last year. The state is now putting those offerings to work, starting with the jobs-based Emerge program that will fill the void left by Grow New Jersey.

Liberty Science Center kicks off $300 million, mixed-use expansion in Jersey City

The Liberty Science Center has broken ground on a sweeping, $300 million expansion that will add a new business incubator, a high school and 400 apartments to its campus in Jersey City.

Consulting firm plays key role in Empire State Building’s green power milestone

A local team is touting its role in helping to bring renewable energy to a series of properties held by the owner of the Empire State Building.