NJCU: Guarini’s $10 million gift to help fund arts center, international studies

A new $10 million gift to New Jersey City University — the largest in the school’s history — is providing a major boost to a plan to build a new performing arts center in Jersey City.

Joint venture acquires luxury rental building in Parsippany for $68 million

The developer of a two-year-old, 212-unit apartment building in Parsippany has sold the property, reportedly for nearly $70 million.

KRE launches leasing (virtually) at 200-unit rental project in Bayonne (SLIDESHOW)

Kushner Real Estate Group is taking the wraps off its first residential project in Bayonne, a collection of 200 apartments just steps from a Hudson-Bergen Light Rail station.

Landlords brace for fallout, search for solutions with retailers battered by COVID-19 shutdown

New Jersey shopping centers that once buzzed with a steady hum of activity have been quiet since late March, with most retail businesses shut down to contain the spread of COVID-19. Retail landlords are now scrambling to figure out how to deal with tenants who say they can’t pay rent because their revenue streams have stopped cold — even though property owners still have their own financial obligations.

Newly delivered Jersey City rental building launches leasing (SLIDESHOW)

The owner of a new luxury apartment building in Jersey City has launched leasing at the 99-unit property.

Bridgewater Commons mall owner taps Texas developer to oversee leasing, management

An investment group that owns the sprawling Bridgewater Commons mall has hired a Texas-based developer to lease and manage the nearly 1.3 million-square-foot property.

Developers of new Hoboken rental building launch COVID donation program

The development team behind a new 424-unit apartment building in Hoboken is taking steps to support those on the front lines of the coronavirus pandemic.

NAIOP industrial conference going virtual this year, association says

I.CON, the annual mass gathering of industrial real estate professionals, is going virtual.

The economic value of the multifamily industry

In the weeks since the start of this crisis, the primary focus was on the health impacts of COVID-19, and rightfully so. And while the economic impact never left our minds, recent data has now put the financial health of our country and our state on the front burner.

Murphy extends DEP deadlines for permit reviews, actions during COVID-19 crisis

Gov. Phil Murphy on Saturday extended a host of deadlines required under the state’s environmental laws, including those related to certain permit decisions for development projects.