Top News

Finance & Capital Markets
Valley National to acquire Oritani for $740 million

Valley National Bancorp has moved to expand its foothold in Bergen and Hudson counties, agreeing to acquire Oritani Financial Corp. for an estimated $740 million.

Industrial
Crow Holdings launches 925,000 sq. ft. warehouse project, its first in New Jersey

Crow Holdings Industrial has broken ground on a 925,000-square-foot warehouse project in Franklin Township, its first New Jersey project after entering the market last year.

Top News
Developers, officials mark opening of 236-unit rental project in Weehawken

A model unit at Harbor 1500 in Weehawken — Courtesy: The Maxal Group and Hartz Mountain Industries By Joshua Burd A joint venture has unveiled a new 236-unit luxury apartment building in Weehawken, marking the latest addition to the town’s…

Residential & Mixed Use
Claremont, turning its focus to development, will merge construction business with Buffalo firm

Claremont Cos., a Far Hills-based developer and general contractor, is handing off its construction business to a new partner in order to focus on its own fast-growing pipeline.

Residential & Mixed Use
Harrison: Advance, DeBartolo hail leasing milestone at 280-unit project

A joint venture has leased 50 percent of the apartments at its recently delivered, 280-unit luxury residential building along the Harrison waterfront.

Retail
Triple Five, Coca-Cola ink sweeping partnership for American Dream

An iconic American brand will have a major presence at the massive American Dream complex in East Rutherford, under a new partnership unveiled by the project’s developer.

Government & Public Policy
Murphy reiterates plan to veto incentives extension, hopes for ‘common ground’

Gov. Phil Murphy doubled down on his pledge to veto a bill to extend New Jersey’s embattled tax incentive programs, while still offering hope for a compromise with state lawmakers.

Residential & Mixed Use
Developers, officials debut $48 million Camden apartment building

A development group has completed a new 156-unit apartment building on the Camden waterfront, delivering the city’s first new market-rate rentals in more than a decade.

Features
In Red Bank, Denholtz finds a new home and new opportunities

The convenience was hard to beat at Denholtz Properties’ longtime headquarters in Matawan, a three-story office building that sits directly off the Garden State Parkway. But the firm’s new office in Red Bank has much more to offer.

Guest Columns
The next chapter in affordable housing in New Jersey

Since 2015, more than 280 towns in New Jersey have signed settlement agreements for their affordable housing obligations, while a judge has determined the statewide need to be about 155,000 units and experts project that about 50,000 of those will be created by 2025. Frankly, the court process is way too far down the road to try and move it back to the Council on Affordable Housing or another state agency. But that is not to say there are not some issues worth discussing as we move forward.