A recent high-profile court ruling may not have ended the battle over affordable housing in New Jersey, but insiders say it has become an important guidepost in a process that is still filled with uncertainty.
Leasing volume in New Jersey’s office market has trended downward since last year, but observers are finding reasons to be optimistic heading into the spring.
A joint venture has closed on its purchase of a historic 34,000-square-foot office building in downtown Hackensack, where it plans to restore the property while attracting new tenants.
A joint venture led by Ironstate Development Co. has broken ground on a new luxury rental building in Jersey City’s Lafayette section, continuing the city’s push to expand development beyond its downtown.
A long-awaited, 168-unit apartment tower in downtown Newark is on track to open late this year, as its developer and public officials gathered Tuesday to mark a milestone in the project.
Kushner Cos. has acquired a two-building, 360-unit apartment property in Hackensack for a reported $100 million, marking its latest multifamily purchase in New Jersey in recent years.
