Top News

Newark eyes redevelopment, kicks off demolition of 82-year-old public housing complex

Newark city officials on Thursday took a key step toward redeveloping a historic but blighted public housing complex, where plans call for a new mixed-income residential complex and potential commercial uses such as business incubators, film studios and research space.

Residential & Mixed Use

Two years after massive fire, Bound Brook looks to rebuild momentum for downtown revival

With the addition of 500 new apartments in recent years and hundreds more in the pipeline, local officials in Bound Brook are forging ahead with efforts to revitalize their downtown.

Health Care & Education

Urban Edge, HMH bringing 80,000 sq. ft. medical office building to Bergen Town Center

Urban Edge Properties is bringing a new 80,000-square-foot medical office building to its flagship Bergen Town Center, having signed a lease with Hackensack Meridian Health.

Industrial

Denholtz forms $1 billion joint venture targeting multitenant industrial properties

Denholtz Properties has teamed with an institutional partner for a new $1 billion joint venture that will seek to acquire and develop multitenant industrial buildings.

Policy Page

Labor force challenges: An intense and growing concern

Fortunately for New Jersey, international migration of the foreign-born is countering the outflow of our domestic population. This trend, however, should not be taken for granted, as immigrants are now heading to other gateways. It is crucial for our economic competitiveness that New Jersey maintain its historic attractiveness for these international arrivals.

Office

Newmark, AEP unveil sweeping revamp of 415,000 sq. ft. East Brunswick office tower

The leasing team at a well-known East Brunswick office tower has taken the wraps off a newly completed, multimillion-dollar upgrade of the 415,000-square-foot building.

Residential & Mixed Use

Gebroe-Hammer touts $214 million in New Jersey, Philadelphia multifamily sales in January

Brokerage firm Gebroe-Hammer Associates is off to a fast start in 2022, inking the sale of nearly 1,200 apartments in New Jersey and Philadelphia across 17 transactions in January.

Health Care & Education

Becton Regional High School eyes $55 million expansion tied to upcoming bond question

Becton Regional High School has proposed a 90,000-square-foot expansion of its campus, as depicted in this rendering, in connection with a $55 million bond referendum scheduled for March 8. — Courtesy: Becton Regional High School

Office

Partnership sells 431,000 sq. ft. Jersey City office building for $300 million

A joint venture has reaped $300 million from its sale of a nearly 432,000-square-foot office building in Jersey City, under a deal announced Monday by Cushman & Wakefield.

Government & Public Policy

EDA takes first step toward launching tax credit for reviving historic buildings

State officials have approved a set of proposed guidelines for a new incentive program to support the restoration of New Jersey’s historic buildings and neighborhoods.