The coronavirus pandemic has done more than present a major health crisis to the American people — it poses a major threat to commercial real estate and the economy at large.
A prepared meal delivery service is opening its first retail location, taking space at a new Jersey City apartment tower built by Kushner Real Estate Group and Ironstate Development Co.
A longtime New Jersey developer is helping to recruit volunteers for a clinical trial at Rutgers University that is aimed at fighting the coronavirus pandemic.
RPM Development Group has sold more than two-thirds of the homes at an upscale residential project in Monmouth County, where it’s now offering virtual tours and expedited delivery.
Apartment tenants in New Jersey may now tap their security deposits to help pay rent during the COVID-19 crisis, under a newly signed executive order by Gov. Phil Murphy.
Caesars Entertainment Corp. and VICI Properties Inc. have agreed to sell the Bally’s Atlantic City Hotel & Casino, further reducing Caesars’ footprint in the resort town.
Industrial developers and companies seeking logistics space are unlikely to face lasting damage from the coronavirus pandemic, experts say, but the market is still poised for major changes amid disruptions to supply chains and consumer spending habits.
Rent collections for Mack-Cali Realty Corp.’s office and residential holdings have held strong thus far, as the company works with tenants to navigate the COVID-19 economic crisis.
The owner of a prominent office tower in East Brunswick has taken the wraps off its plans to upgrade the property, while touting a recent uptick in leasing as a result of the investment.