Procida Funding & Advisors has selected the McCann Team of Keller Williams as its agents for a collection of new age-restricted homes at the Plaza Grande development in Cherry Hill.
Ridgecut Road has closed on a development site in New York’s Orange County where it plans to build more than 146,000 square feet of new high-end industrial space.
Landlords are expanding their participation in New Jersey’s nation-leading Community Solar Energy Program, which allows property owners to lease their rooftops to solar developers, as the state transitions from a pilot phase to a permanent model.
Gov. Phil Murphy has signed a landmark bill to revamp how New Jersey calculates and enforces each town’s obligations for affordable housing, setting a path for a new phase of residential development across the state under the Mount Laurel doctrine.
Business groups have lined up against Gov. Phil Murphy’s proposal to charge a fee on warehouses for each truck they receive, but a top state official said the levy is needed to address a chronic lack of traffic planning around new industrial developments.
The next chapter of affordable housing in New Jersey is now in Gov. Phil Murphy’s hands, following the state Senate’s passage of a bill to revamp how officials calculate and enforce each town’s obligations under the landmark Mount Laurel doctrine.
Developers are cautiously optimistic about new legislation to streamline affordable housing production in New Jersey, but it’s far from their only public policy objective in 2024.
Tishman Speyer has completed its acquisition of parcels in Jersey City that are slated to become two mixed-use towers with nearly 2,000 new luxury apartments.
