NJBA, NAIOP postpone events amid coronavirus concerns

The escalating coronavirus crisis rippled through New Jersey’s commercial real estate sector on Thursday, as two top trade associations were among those to postpone upcoming events.

Provident to acquire SB One in $209 million bank merger

The parent company of Provident Bank is set to acquire SB One Bancorp, paving the way for what would be the third-largest lending institution in New Jersey.

Final phase of Wood-Ridge transit village project secures site plan approval

A development team has secured a key approval for the final piece of a long-running plan to transform a piece of the former Curtiss-Wright aircraft plant in Wood-Ridge.

Newark to seek ‘transit village’ designation for historic Four Corners neighborhood

The city of Newark will seek a “transit village” designation from the state for a busy stretch of its downtown, seeking to unlock grant funding that will help shape redevelopment efforts.

Coming soon: The 2020 Atlantic Builders Convention

Don’t miss out on the education, connections, events and insight opportunities we’re hosting for the home building industry at the Atlantic Builders Convention in Atlantic City. Mark your calendars and join us April 1 through April 2 at Harrah’s in Atlantic City, where the convention, seminars and networking festivities are conveniently all under one roof.

Ridgewood-based brokerage team breaks $53 million in 2019 home sales

A residential brokerage team in Bergen County is touting the completion of more than $53 million in sales in 2019, making it the top-performing group in multiple towns in the area.

TFE unveils 117 apartments at Woodbridge commercial property

A developer has unveiled new luxury apartments as part of an adaptive reuse project in Woodbridge, where it has retrofitted the upper levels of a well-known commercial building.

Colliers International to acquire Red Bank-based Maser Consulting

Colliers International has agreed to acquire a controlling interest in Maser Consulting P.A., a Red Bank-based engineering and consulting design firm, in a bid to expand its line of services for clients in commercial real estate and other sectors.

East Brunswick, developer uniting around common goal — transforming Route 18

A new public-private alliance has emerged in East Brunswick, where local leaders and a development team have united to revive a stretch of blighted retail property on Route 18.

Newark city council votes to advance land banking bill

Local officials in Newark are one step closer to launching a land banking program that would allow it to acquire and assemble blighted properties for redevelopment or restoration.