Hospitality & Tourism
Well-known Somerset County hotel sold for $30 million, HFF says
A real estate investment firm has sold a Somerset County hotel for $30 million, a decade after acquiring the property through a partnership with a former hospitality company.
Report: Council approves tax breaks for NJCU developments
Officials in Jersey City have approved tax abatements for three mixed-use buildings by a private developer at New Jersey City University’s main campus, a published report said Thursday.
New Weichert Commercial unit aims to help investor clients
Weichert Commercial Brokerage Inc. has launched a new platform aimed at assisting clients seeking to invest in commercial real estate, the company announced Tuesday.
With condo project, FEM hopes to bring South Beach to the Jersey Shore
South Beach at Long Branch is more than a year away from opening, but it has already helped fuel new momentum in one of the city’s key redevelopment zones.
Lawmakers OK bill to impose casino license suspension
A bill that is headed to Gov. Chris Christie’s desk would impose a five-year casino license suspension on billionaire investor Carl Icahn, who owns the shuttered Trump Taj Mahal in Atlantic City.
