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Government & Public Policy
Developers, consultants weigh the future of New Jersey’s landmark site remediation program

A decade after a landmark law that changed the landscape of environmental cleanups in the state, stakeholders are now mulling how to improve New Jersey’s site remediation program while navigating other proposed changes by policymakers.

Residential & Mixed Use
Bijou promotes development exec, eyes expansion into Montclair and Morristown

Bijou Properties has announced a key promotion within its ranks as part of a plan to expand beyond its hometown of Hoboken and into markets such as Montclair and Morristown.

Office
NAI Mertz named leasing agent for 112,000 sq. ft. office campus in Cherry Hill

The owner of a 24-building, 112,378-square-foot office campus in Cherry Hill has tapped NAI Mertz to bring new tenants to the property.

Residential & Mixed Use
AvalonBay details plans for mixed-use, $300 million project at Princeton Junction (VIDEO)

A plan that would bring 800 residential units, a hotel and an upscale retail plaza to the Princeton Junction train station in West Windsor is set to move forward in the coming months, setting a path for one of the state’s largest and most anticipated redevelopment projects.

Policy Page
Incentives are investments that build over time

Gov. Phil Murphy’s economic vision calls for a State of Innovation that builds a stronger and fairer economy in New Jersey and sets goals related to faster job growth, faster median wage growth, increased venture capital investment, closing the racial and gender wage employment gaps and encouraging thriving urban centers. These are laudable goals and I believe we will get there, if we are careful in how we invest our scarce financial resources, which include incentives for the workforce so desperately needed and the targeted industries that generate the jobs required to help achieve these goals.

Industrial
EDA: Wholesaler buys Passaic warehouse, expands from Brooklyn

A building maintenance supplies wholesaler is relocating most of its operations from Brooklyn to Passaic, where it recently acquired a nearly 11,000-square-foot warehouse.

Professional Services
Donnelly touts build-out, opening of shooting range concept in Wayne

Donnelly Construction has completed an overhaul of a former restaurant space in Wayne, where an upscale, indoor firing range has opened for business.

Government & Public Policy
Morris: Edgewood residents hurt by government shutdown can defer rent payments

Edgewood Properties is doing its part to help those impacted by the partial government shutdown, allowing federal employees who live at its buildings to defer their rent payments. In the process, it hopes other apartment operators will follow suit.

Government & Public Policy
Incentives: A look at Murphy’s plans to streamline, cap subsidy programs

Gov. Phil Murphy detailed his plans to update the state’s incentive programs, speaking Wednesday during an event in Jersey City. — Courtesy: Edwin J. Torres/Governor’s Office By Joshua Burd After lashing out at New Jersey’s high-profile tax credit incentives, Gov.…

Residential & Mixed Use
KRE Group, Lyft announce partnership at new Jersey City rental building

Kushner Real Estate Group has named Lyft as its official ride-share partner at a new luxury apartment building in Jersey City, providing residents with discounted fares and other perks.