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.
One of the state’s largest law firms has extended its nearly 120,000-square-foot lease at Newark’s Gateway complex, whose ownership is planning a sweeping upgrade and expansion.
A team of Villanova University students took top honors for this year’s NAIOP New Jersey case study competition, offering a winning plan to repurpose a former silk mill in Paterson.
A judge has blocked the implementation of a new rent control ordinance in Montclair, siding with property owners who contested the measure after its passage earlier this month.
The Urban Land Institute’s Northern New Jersey chapter is doing its part to help those battling the COVID-19 pandemic, having donated $500 worth of dinners to health care workers at Robert Wood Johnson University Hospital in New Brunswick.
A group of Montclair landlords has sued to overturn a new rent control ordinance in the township, alleging the governing body took action in the midst of the COVID-19 crisis when opponents could not fully mobilize against the measure.
The coronavirus pandemic figures to accelerate what had already been a growing trend — the need for additional cold storage space to meet the demand for online grocery sales.
