Tom Troy, president of Sharbell Development Corp., has been with the firm since 1987 and has helped spearhead its development of the landmark Washington Town Center project in Robbinsville. — Photo by Aaron Houston for Real Estate NJ By Joshua…
Murphy taps developers, industry leaders economic recovery council
Gov. Phil Murphy has tapped more than three dozen development executives, labor leaders and other industry professionals as part of a new council to help restart New Jersey’s economy.
Mack-Cali eyeing sale of Hoboken office building for $245 million
Mack-Cali Realty Corp. has agreed to sell a nearly 570,000-square-foot office building in Hoboken for more than $240 million, the real estate investment trust said this week.
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.
