Top News

Residential & Mixed Use
Joint venture debuts 260-unit project in Jersey City, the first of three phases (SLIDESHOW)

A development group is off to a fast start at a new luxury apartment complex in Jersey City, the first of three phases that will add more than 600 units to a fast-growing neighborhood.

Government & Public Policy
EDA rebrands 50-acre research, incubator park in North Brunswick

The state Economic Development Authority has rebranded a well-known 50-acre research and incubator park in North Brunswick.

Residential & Mixed Use
The S.Hekemian Group wins approval to redevelop Mercedes-Benz campus in Montvale

Local officials have cleared the way for a mixed-use, $150 million plan to redevelop the former Mercedes-Benz USA headquarters site in Montvale.

Government & Public Policy
Murphy details tax credit overhaul, unveils new legislation

With less than four weeks to go until New Jersey’s tax incentive programs expire, Gov. Phil Murphy on Wednesday unveiled a bill to establish new subsidies for developers and businesses that would include annual caps on awards and requirements tied to union labor.

Residential & Mixed Use
HFF marketing 144-unit rental complex in Somerset County

The owner of a three-building, 144-unit apartment complex in Somerset County is seeking a buyer for the market-rate property.

Office
Silverman eyes 110,000 sq. ft. office project above Morristown retail

A developer is planning more than 100,000 square feet of new office space in downtown Morristown, seeking to use the air rights above a set of existing retail properties.

Residential & Mixed Use
Developer unveils new renderings of 79-story condo tower in Jersey City

The developer of a 79-story luxury condominium tower in Jersey City is offering a new glimpse of what will soon become the state’s tallest residential building.

Industrial
NAI Hanson named leasing agent at new-look, 807,000 sq. ft. industrial complex in Newark

An investment group has hired NAI James E. Hanson as its leasing agent for more than 800,000 square feet of Newark industrial space, following the launch of a multimillion-dollar improvement project aimed at modernizing the well-known complex.

Health Care & Education
New Brunswick: RWJBarnabas, Rutgers join Devco to announce $750 million cancer pavilion

The state’s largest health system and Rutgers University have unveiled plans for a sweeping project in downtown New Brunswick — a $750 million, state-of-the-art cancer pavilion alongside one of New Jersey’s top-rated hospitals.

Policy Page
Improved transit is key to New Jersey’s future

Legislation was enacted last November that requires NJ Transit to establish an office of real estate economic development and transit-oriented development to assess all its properties and annually recommend how best to increase NJT’s non-fare revenues. The goal is to enable NJT to have more funds to invest in its operations, maintenance and capital projects in order to improve performance for bus, rail and light rail passengers.