Top News

MonGroup touts plans for new ‘green’ apartment building in Bayonne

A developer is set to add to its multifamily portfolio in Hudson County with its plans for a new 56-unit apartment building in Bayonne.

Personalities

Family tradition: With clients that go back decades, Zimmel Associates spans three generations

For Zimmel Associates, continuity goes hand in hand with a business that he founded with his late father, Bernard Zimmel, and one that now includes a third generation. Not one, but three of Zimmel’s four sons work at Zimmel Associates today, positioning it for continued success in the years ahead.

Residential & Mixed Use

Lotus names four architecture firms for Newark stadium redevelopment

The firm seeking to redevelop the Newark Bears baseball stadium has lined up a team of architects for the ambitious project, which could create up to 2,000 residential units, 400,000 square feet of office space and a mix of retail, cultural and public spaces.

Rutgers announces 2017 advisory board members

The Center for Real Estate at the Rutgers Business School has unveiled its 2017 advisory board and council of emerging leaders, adding to a roster that has come to include dozens of industry heavyweights and top professionals in New Jersey.

HFF’s midyear 2017 industrial capital markets brief

From an equity markets perspective, demand for industrial product continues to be strong with institutions and private funds that are underweight in northeast industrial properties. The reason we are not seeing more activity is because there has been — and continues to be — a lack of quality offerings in the most sought after markets from the Meadowlands down along the Interstate 95/Turnpike Corridor to Exits 8A/7A.

Industrial

Hartz completes new service facility at former Kearny landfill site

Hartz Mountain Industries and Cummins Inc., a global engine maker and power company, have completed a new 57,000-square-foot facility in Kearny, marking a milestone in a complex, long-running effort to redevelop a former landfill in the Hudson County town.

Health Care & Education

Gateway project quickly transforming Atlantic City beachfront (VIDEO)

A mixed-use, $220 million project that could help lift the fortunes of Atlantic City is still a year from completion, but it has already started to transform a parcel of beachfront property in the resort town.

Government & Public Policy

EDA marks launch of street-level business incentives in five cities

State officials have formally rolled out two funding programs meant to spur investment in street-level retail space in five cities: Trenton, Paterson, Passaic, Camden and Atlantic City.

Office

Wired for success: Rating system could change how developers approach connectivity, infrastructure

Earlier this year, the rating service known as WiredScore released a full-fledged set of guidelines, providing a roadmap for professionals involved in new commercial developments. And with the growing importance of data and internet connectivity, the rating system offers the potential to play a major role in office leasing going forward.

Residential & Mixed Use

Sales gallery opens at Cliffside Park condo development

Developer DMG Investments has ramped up its marketing effort at a new 14-story condominium tower in Cliffside Park, unveiling a sleek on-site sales gallery for the 204-unit property.