Page 5 - RE-NJ
P. 5
CONT E N T S
WINTER 2024
Features
Market Milestone
KRE, National
unveil fi nal piece
of pioneering
1,840-unit Journal
Squared project in
Jersey City
Cautious Optimism
Developers, advocates say new DCA guidance
brings much-needed structure to affordable
housing debate
It’s Complicated
Power, infrastructure constraints loom large as
experts weigh data center growth in New Jersey
™ 3
Departments
The Briefi ng
$1 billion data center slated for NEST campus in
Kenilworth, plus other top stories in commercial
real estate
Deal Sheet
A roundup of CRE leases, sales and fi nancing
People on the Move
New hires and executive moves
ON THE COVER: Developers and
advocates see New Jersey’s
new affordable housing law
as a good starting point for a
new phase of homebuilding,
even as they confront the
fi nancial hurdles, legal battles
and political debates that have
slowed construction in the past.
