Features
Perth Amboy making new push for planning, redevelopment around key city properties
With new leadership in place, officials in Perth Amboy say redevelopment of both the city’s waterfront and its commercial district will be a priority, following years of fits and starts that have hindered large-scale progress in the community.
Kislak sees opportunity in market uncertainty, backed by deep ties and decades of service
Leaders of The Kislak Co. Inc. see a resilient market and sustained demand from property investors in 2023 — despite a short-term slowdown amid rising borrowing costs — arguing that buyers and sellers will still find value in multifamily and commercial assets.
Redevelopment of Parsippany office park comes with multilayered approach to sustainability
The transformation of a suburban office park in Parsippany — one of New Jersey’s most closely watched redevelopment projects — comes with a heavy focus on sustainability, including a plan to seek certification with the U.S. Green Building Council for the entire 45-acre community.
Experts: Big-box retail leasing still strong despite years of chain bankruptcies, store closings
Even with the fall of Toys R Us, Sears and other chains — and recent trouble for the likes of Party City and Bed Bath & Beyond — big-box retail is alive and well in New Jersey.
Developers, adapting to changing market, near completion of massive Linden industrial park
A sprawling industrial park in Linden is nearing completion after four years of construction, a span in which warehouse demand soared to historic highs before a recent pullback, as its developers mull plans to tap into the growing market for outdoor trailer storage.
