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Office
NJ Transit, Onyx detail 407,000 sq. ft. lease for agency’s new headquarters in Newark

NJ Transit and Onyx Equities have revealed new details about their 25-year lease in downtown Newark, where the agency will occupy some 407,000 square feet for its new headquarters.

Residential & Mixed Use
Walters marks completion of 150-unit, affordable senior housing property in Branchburg

Walters has completed its newest age- and income-restricted housing project in New Jersey with the debut of a 150-unit multifamily property in Branchburg.

Policy Page
Hospitality: A real game changer — it all comes down to people

In prepping for this piece, I reviewed the 72 articles I wrote since 2017 to identify common themes. Unsurprisingly, the common denominator was the crucial need to change how we do business with the end goal of improving people’s lives for a simpler and better quality of life — one that is less taxing and costly and more efficient and effective.

Residential & Mixed Use
Developer announces new incentives, mortgage buydown at North Bergen luxury condos

Skyline Development Group has rolled out new financing programs for prospective buyers at Solaia, its upscale condominium tower along the Hudson River in North Bergen.

Retail
Norman’s Hallmark opens new 6,000 sq. ft. store in Somers Point

The nation’s largest independent owner of Gold Crown Hallmark stores has opened its doors to a new location in Atlantic County.

Finance & Capital Markets
National Private Lenders Association unveils first-ever glossary for fast-growing industry

The National Private Lenders Association has released an industry-first glossary aimed at standardizing terms and definitions across the rapidly changing industry.

Government & Public Policy
Hinchliffe Stadium, Westfield downtown among 2023 Smart Growth Award winners

New Jersey Future has unveiled the winners of this year’s Smart Growth Awards, highlighting projects from Paterson to Westfield with a major focus on planning and redevelopment.

Government & Public Policy
Solar Landscape, Sudler mark completion of rooftop community solar project in Piscataway

A new rooftop solar project at a Piscataway warehouse is now complete after being connected to the grid, allowing it to provide discounted energy to nearly 300 households in the area.

Residential & Mixed Use
Marcus: New construction poised to flood North Jersey rental market, but vacancy to remain tight

A surge of new supply is coming to northern New Jersey’s apartment market, with some 12,000 units slated to be delivered this year in a region with one of the country’s lowest vacancy rates.

Office
Japanese pharma firm opens new 80,000 sq. ft. North American headquarters near Princeton

A global pharmaceutical maker has unveiled its new North American headquarters outside Princeton, where it leases nearly 80,000 square feet that will house some 300 employees.