Cover Story
Capodagli is adding to its fast-growing portfolio with new residential, hospitality projects
With nearly 1,000 apartments under construction and some 2,000 more in its pipeline, Capodagli Property Co. is preparing for the next phase of its growth by launching a new hospitality platform that will bring cafés and restaurants to its future developments.
In Hackensack, a proving ground for Cap Hospitality
In crafting the design of the new Cap Diner, Nicolas Geeraerts said he wanted to “bring a little bit” of New York and Brooklyn, while also staying true to New Jersey. He also aims to create a younger, millennial vibe that is also going to attract families. The overall objective is to create a place “that is approachable, pricewise, for everybody (and) … where a community can get together without one person being better than the next,” said Geeraerts, who oversaw the development of a high-end food hall above New York Penn Station.
Higher and better: Developers making strides in repurposing New Jersey’s vacant, outdated office buildings
Slowly but surely, developers have begun to chip away at one of New Jersey’s most chronic issues when it comes to commercial real estate — the abundance of obsolete, aging office buildings that are no longer considered usable by modern standards.
Planting the seed: The time to prepare for legal cannabis is now, real estate experts say
Insiders say the prospect of legalized recreational marijuana could have substantial benefits for New Jersey’s commercial real estate market, even with a long list of risks and complexities.
The truth about tax reform: A deeper look at the impact on commercial real estate
By Joshua Burd For all the buzz and political rhetoric surrounding federal tax reform, Jeff Otteau points to a consequence of one key change that has largely flown under the radar. For decades, homeowners have been better equipped to reduce their tax bill thanks to...
