Top News

Residential & Mixed Use
Gebroe-Hammer honors broker in $75 million, 487-unit portfolio sale

A broker with Gebroe-Hammer Associates has won a top honor from the firm in connection with last year’s $75 million sale of a 487-unit, 18-building portfolio in Hudson and Bergen counties.

Office
SJP acquires, details plan to transform Woodbridge office building

SJP Properties has acquired a 270,000-square-foot office building in Woodbridge, where it’s now planning an extensive renovation aimed at creating an environment for high-end tenants.

Government & Public Policy
Final phase of Camden redevelopment project underway, HMFA says

The Michaels Organization has broken ground on 58 apartments in Camden, the final piece of a project to redevelop a former public housing complex in partnership with state officials.

Residential & Mixed Use
Jersey City condo tower starts strong in 2020, recording 21 contracts

After a robust end to 2019, the developer of a luxury condominium tower along the Hudson waterfront has carried that momentum into the new year.

Top News
State unveils Newark affordable housing project with Pennrose, RWJBarnabas

A developer is partnering with one of the state’s largest hospital systems to create dozens of affordable housing units near Newark Beth Israel Medical Center.

Professional Services
Avison Young marks completion of Glen Ridge medical office building

Avison Young is touting the completion of a new medical office building in Essex County, following a recent unveiling by a development team and health care leaders.

Government & Public Policy
Developers eyeing large-scale studio projects in New Jersey, spurred by popular film tax credit

Developers and property owners in New Jersey are betting that a tax credit for film production will get the cameras rolling in the Garden State, with demand already surging and expected to grow after a recent expansion of the program by Gov. Phil Murphy and lawmakers.

Residential & Mixed Use
JMF hails leasing milestone at Plainfield rental community

JMF Properties has surpassed the 50 percent leased milestone at a 114-unit luxury apartment complex in Plainfield, the first of two phases in what it describes as an emerging transit village.

Office
Landlords continue right-sizing, refreshing office stock, as state incentives question looms large

With 2020 underway, owners of New Jersey office buildings are closely watching Trenton to see if the state will pass new tax incentives to attract employers. That’s one of the key issues and trends likely to drive the office market this year, according to interviews with brokers and landlords. In fact, observers say the fate of tax incentives will have more impact on New Jersey’s office market than the presidential election.

Residential & Mixed Use
Kislak foundation awards $50,000 grant to Newark-area Habitat for Humanity

The Kislak Family Foundation has made a $50,000 grant to Habitat for Humanity of Greater Newark, which the organization will use for projects in Essex, Hudson and Union counties.