Top News

Photos
SLIDESHOW: The Newark Redevelopment Update

See the full slideshow from our June 7 seminar, where the developers and insiders behind Newark’s most important commercial real estate projects debated the long-held opportunities and challenges in New Jersey’s largest city.

Hospitality & Tourism
‘We’ve just scratched the surface:’ Morris sees continued investments in workforce, property as Hard Rock marks five years in Atlantic City

Five years in, the work has only just begun for the team behind the Hard Rock Hotel & Casino Atlantic City. That’s according to Jack Morris, the real estate magnate and co-owner of the boardwalk resort, who said the partnership plans to continue the types of investments that have defined the property since it opened in 2018. That includes everything from renovated suites and a new high-end lounge overlooking the Atlantic Ocean to an ongoing focus on rehabilitating and employing former nonviolent offenders in the city.

Hospitality & Tourism
Weiss unveils plan for Cipriani-inspired venue at historic bank building in New Brunswick

A historic bank building in downtown New Brunswick could soon be reborn as a high-end dining and events venue in the mold of Cipriani’s iconic locations in New York City.

Office
Hx2, JLL detail plans for 100,000 sq. ft. life sciences facility at Trenton’s Roebling Center

A developer has unveiled its plan for a 100,000-square-foot life sciences facility in Trenton as part of its ongoing adaptive reuse of the historic Roebling Center factory complex.

Events
VIDEO: The Newark Redevelopment Update

Watch the full presentation from our June 7 seminar, where the developers and insiders behind Newark’s most important commercial real estate projects debated the long-held opportunities and challenges in New Jersey’s largest city.

Government & Public Policy
Westfield pushes ahead with sweeping downtown redevelopment, despite opposition

Westfield has set the stage for more than $400 million in mixed-use redevelopment that town leaders say will revitalize their business district and serve as a model for other mature suburbs, with hopes of breaking ground early next year despite opposition by some residents.

Government & Public Policy
Perth Amboy names new areas in need of redevelopment to spark investment

A large stretch of downtown Perth Amboy is now an area in need of redevelopment under state law — as are several other sections of the city — allowing local officials to offer tax incentives, condemn blighted properties and take other steps to help revitalize the properties.

Office
SJP breaks ground on 260,000 sq. ft. Sanofi office building at M Station in Morristown

Construction is set to begin on Sanofi’s new 260,000-square-foot flagship office building in Morristown, under the second phase of a high-profile redevelopment by SJP Properties.

Residential & Mixed Use
C&W: Pomeranc Group buys 465-unit Wayne rental property, inks $98 million acquisition loan

The Pomeranc Group has acquired a 465-unit apartment complex in Wayne, having also secured nearly $98 million in Fannie Mae financing for the deal.

Residential & Mixed Use
AvalonBay marks debut of 374-unit Somerville apartment community

AvalonBay Communities has unveiled its new 374-unit luxury apartment property in Somerville, where it’s anchoring a master-planned project adjacent to the borough’s train station.