Top News

Government & Public Policy
New grants for New Jersey towns, cities could boost redevelopment opportunities

Business leaders are cheering the passage of a new economic development incentives law in New Jersey, following a two-year battle in Trenton and the added uncertainty of the pandemic. Yet some stakeholders are pointing to a far less heralded, less contentious piece of the New Jersey Economic Recovery Act as a key tool for spurring new investments around the state.

Residential & Mixed Use
Iron Ore, AMJ eye start of 120-unit rental project in Plainfield after site acquisition

A joint venture is nearing the start of construction for a new 120-unit apartment building in Plainfield, in a project that will redevelop the site of a blighted industrial property.

Industrial
CBRE: Developer plans 160,000 sq. ft. industrial project at ex-Kearny rehab complex

A developer has acquired 10 acres in Kearny with plans to build a new 160,000-square-foot distribution center at the site, according to brokers with CBRE.

Top News
Mack-Cali names new CEO, as Gilmartin steps down as board chair

Mack-Cali Realty Corp.’s Harborside complex in Jersey City — Courtesy: Mack-Cali By Joshua Burd Mack-Cali Realty Corp. has named its new CEO, while announcing that MaryAnne Gilmartin has stepped down as board chair after leading the search for the new…

Government & Public Policy
EDA details plan to relaunch residential ERG program with $50 million tax credit pool

State officials are relaunching a high-profile developer tax credit program that was halted nearly two years ago, offering $50 million in subsidies as a result of a newly approved law.

Residential & Mixed Use
Fort Monmouth residential project nearly sold out, RPM says

The first residential development at the repositioned Fort Monmouth property is nearly sold out, according to the team of RPM Development Group and CB New Homes of Madison.

Residential & Mixed Use
Ironstate, Pegasus unveil 310-unit rental project, their latest in Harrison

Ironstate Development Co. and the Pegasus Group have taken the wraps off a collection of 310 apartments in Harrison, their latest project along the town’s still-growing waterfront.

Residential & Mixed Use
CBRE: Developer closes on seven-acre site in Jersey City, eyes major residential project

A developer has acquired a series of parcels on the west side of Jersey City for $25.5 million, with plans calling for a large residential project across more than seven acres.

Government & Public Policy
Greenbaum unveils new practice group focused on state, federal incentives

Greenbaum, Rowe, Smith & Davis LLP has formed a new dedicated, multidisciplinary team focused on helping clients secure state and federal incentives programs, including the newly adopted New Jersey Economic Recovery Act of 2020.

Residential & Mixed Use
Ironstate, Brookfield eye spring debut for apartments at Montclair theater district

A development team is nearing completion of 200 luxury apartments in downtown Montclair, part of a sweeping mixed-use project to create a bustling arts district in the township.