Top News

The Rundown
Builders, unions wary of plans to change PILOTs in Jersey City, report says

Proposals before the Jersey City council would increase the requirements on developers who receive tax abatements, a published report said, prompting concern among the builders and construction workers who have become a familiar sight in the municipality.

Residential & Mixed Use
Work underway at 63-unit rental project in Jersey City, Fields says

Fields Construction Co. has started work at the site of what will be a five-story, 63-unit apartment building on the western edge of Jersey City.

Office
Transwestern scores again with BOMA award at Parsippany office building

A management team led by Transwestern has earned the highest honor from the New Jersey chapter of the Building Owners and Managers Association, thanks to its work at a well-known Parsippany office building.

Residential & Mixed Use
See new renderings of the New Brunswick Performing Arts Center (SLIDESHOW)

New Brunswick Development Corp. has unveiled new renderings of the residential high-rise and theater space that will anchor the highly anticipated New Brunswick Performing Arts Center.

Residential & Mixed Use
Leasing heats up at new Journal Square rental building

Ahead of a grand opening later this month, the developers of a new 240-unit apartment building in Jersey City have welcomed their first tenants and taken steps to ramp up their leasing effort.

Office
Iconic Newark Club available for lease as office space, JLL says

Brokers with JLL are marketing the space that was the longtime home of The Newark Club, the popular gathering spot for New Jersey’s business and political power players for nearly 25 years.

Residential & Mixed Use
MonGroup unveils final phase of West New York redevelopment project

A developer has opened the doors of a new 40-unit apartment building in West New York, marking the completion of a plan to redevelop the former site of a handbag factory that once employed thousands of immigrants who settled in the area.

Office
Report: Barclays paying $69 million for redeveloped Whippany office park

A joint venture has sold a 525,000-square-foot office park in Hanover to Barclays PLC for $69 million, following efforts to reposition the property with a series of upgrades and a new amenities center.

Retail
Morris County shopping center developer touts new openings, leases with national tenants

A planned 107,000-square-foot retail center at a redevelopment site in Cedar Knolls is nearly 80 percent leased, with a mix of national and regional tenants set to occupy the space.

Office
NKF tapped to broker sale of Mack-Cali buildings in Hamilton

Mack-Cali Realty Corp. has hired Newmark Knight Frank to sell six office buildings in Mercer County, as the company continues to trim its portfolio of suburban properties.