DMR unveils practice for fast-growing New York City pipeline

DMR Architects has launched a dedicated practice for projects in New York City, where it has a growing pipeline after having already completed hundreds of designs over more than 15 years.

Diversified buys Wharton parcel approved for 60-unit multifamily project, NAI Hanson says

Diversified Properties has acquired the site of what’s slated to become a new 60-unit luxury multifamily property in Morris County, brokers with NAI James E. Hanson announced.

Newly built, 629-unit Jersey City rental property leases up in six months

A developer has leased up nearly 630 units at a new luxury apartment building in Jersey City’s West Side neighborhood, achieving the milestone in less than six months.

JMF, RD Management break ground on 7-Eleven store, gas station in Hanover

Partners JMF Properties and RD Management LLC have broken ground on a new 7-Eleven convenience store and gas station property in Hanover Township.

EDA releases details on brownfields redevelopment subsidy, seeking public feedback

The state Economic Development Authority has released new details of a $300 million tax credit program designed to compensate developers in connection with projects that clean up and redevelop brownfield sites.

Environmental justice: Restoring livability or Pandora’s box?

Enactment of the groundbreaking New Jersey Environmental Justice Law and the recently proposed rules to implement it are commendable efforts to improve conditions in communities burdened by decades of industrial pollution from Title V-covered facilities, notably solid waste facilities and power generation facilities. Although the proposed regulations appear not to currently impact the small-scale commercial and warehouse industry sectors, there is growing concern there will be a proliferation of municipalities adopting ordinances under the guise of environmental justice that are actually aimed at thwarting smart development and critical redevelopment and that broaden the types of regulated facilities.

Prudential, Mellon Foundation gift $2.75 million for Newark Symphony Hall transformation

Prudential Financial and the Mellon Foundation have gifted a combined $2.75 million to Newark Symphony Hall in support of the venue’s ongoing renovation and programming update.

Hartz sells 567,000 sq. ft. Wayne industrial complex to Ares for $138.5 million

Hartz Mountain Industries has sold a nearly 570,000-square-foot industrial complex in Wayne to an affiliate of Ares Management, in a recent deal valued at more than $138 million.

EDA details $400,000 grant program to help revitalize vacant, underused public sites

The state Economic Development Authority is now accepting applications for a program that could help breathe new life into vacant and underutilized public assets.

Sheldon Gross Realty tapped to manage Fair Lawn medical office building

The owner of a nearly 26,000-square-foot medical office building in Fair Lawn has tapped Sheldon Gross Realty to provide property management services at the site.