Top News

Residential & Mixed Use
Extell marks sellout of 245 condos at Pier Village

A new collection of 245 luxury condominiums in Long Branch is sold out, marking the latest milestone for the acclaimed Pier Village property.

Office
LMC named managing agent for 108,000 sq. ft. Fort Lee office building

Levin Management Corp. has assumed the role of managing agent for a 108,000-square-foot, seven-story office building in Fort Lee.

Residential & Mixed Use
Denholtz unveils luxury rentals, retail space in latest investment in Red Bank

Denholtz Properties has taken another key step in its plan to help jumpstart Red Bank’s west side, as it prepares to open a new luxury apartment building alongside its headquarters and NJ Transit rail service, making good on a plan that began around 2016.

Top News
Development firm AST rebrands amid integration of lending, brokerage platforms

AST Development, a boutique developer and financing firm based in Lavallette, has rebranded as part of its shift to a fully integrated real estate platform.

Residential & Mixed Use
Developers release new $3 million penthouses at Hoboken’s Wonder Lofts

The developers of the distinctive Wonder Lofts condominium project in Hoboken have unveiled a pair of luxury penthouses starting at nearly $3 million.

Retail
REIT acquires Old Bridge site for new 355,000 sq. ft. retail center, Goldstein Group says

The Brunetti Organization has sold more than 30 acres along Route 9 in Old Bridge, where plans call for building a new 355,000-square-foot retail center anchored by ShopRite and Target.

Photos
TD Bank gifts $10,000 to nonprofit supporting children with rare illnesses

A new $10,000 donation from TD Bank is helping to advance the mission of a Franklin Lakes-based charity that helps bring essential medical services to children with rare illnesses.

Editor’s Note
No worse for wear

Complex, labor-intensive projects have been central to the growth of Prism Capital Partners’ multifamily housing platform. The firm since 2013 has developed nearly 1,000 units, with hundreds more under construction, thanks to its work at Edison Lofts and other industrial-to-residential conversions in northern New Jersey. Notably, it has balanced those projects with a growing pipeline of ground-up, midrise buildings in towns such as Woodbridge and Dunellen, which boast strong demographics and transit-served downtowns despite being lesser-known locations.

Residential & Mixed Use
Investors strike again in Edgewater, acquiring 226-unit apartment tower for $130 million

A joint venture has made its second major acquisition in Edgewater in less than five months, adding 226 luxury apartments in a newly completed, $130 million deal by JLL.

Residential & Mixed Use
Baltimore developer unveils 232-unit Belleville rental project, its first in New Jersey

A developer has opened the doors to a new 232-unit luxury apartment complex in Belleville, marking the completion of its first project in New Jersey.