Developer lands $90 million Aspire tax credit award for 350-unit Newark rental project

A developer has secured a $90 million tax credit award for its plan to build a 14-story, 350-unit apartment building just south of Newark’s Broad Street station.

Clarion sells 203,000 sq. ft. Monroe industrial building for $54 million

Clarion Partners has sold a 203,000-square-foot industrial building in Monroe for nearly $54 million, in a newly announced deal by CBRE.

Hornrock touts strong velocity after leasing 80 percent of 221-unit Hackensack rental building

Hornrock Properties has leased more than three-quarters of a new 221-unit luxury apartment building in downtown Hackensack, the developer said Monday.

Hamilton development site zoned for cannabis grow, manufacturing space on the market

A development site in Hamilton is on the market, with the potential to house nearly 75,000 square feet of industrial space and cannabis cultivation or manufacturing.

Newark to provide financing, support for activating vacant storefronts downtown

The city of Newark has launched a program aimed at filling vacant storefronts in its downtown, offering up to $650,000 in financial support to prospective retailers and restaurateurs.

Jay Garibaldi, member of The Garibaldi Group’s third generation of leadership, dies at 77

The Garibaldi Group is mourning the loss of John “Jay” Garibaldi, a longtime partner and one of five siblings who took the reins of the historic brokerage firm more than 40 years ago.

Business, government leaders mourn longtime BPU chief Joe Fiordaliso

Joe Fiordaliso, the longtime president of the New Jersey Board of Public Utilities and a key figure in the state’s policy focus on renewable energy, died Wednesday at age 78.

Boraie plans 342-unit apartment tower for its latest project in downtown New Brunswick

Boraie Development has taken a key step in its plan to build a new 342-unit luxury apartment tower in New Brunswick, in what would be the firm’s latest project in its longtime home city.

Journal Square Urby on track for spring 2024 delivery after 317-unit rental project tops out

The newest Urby-branded apartment tower in Hudson County has topped out in Jersey City’s Journal Square section, with less than a year to go until the completion of the 317-unit building.

Buyer wanted for 253,000 sq. ft. Toms River shopping center, RIPCO says

The owner of a Toms River shopping center has placed the property on the market, brokers with RIPCO Real Estate said, touting the potential to draw offers of more than $20 million.