Hospitality & Tourism
Renovated 84-key hotel in Flemington changes hands in Berkadia-brokered deal
JDK Management Co. has sold a recently renovated, 84-key hotel in Flemington, in a newly announced deal by Berkadia.
Going public: New phases taking shape at The Park as Connell’s plan for resort-style, community-facing campus advances in Berkeley Heights
The Park in Berkeley Heights is entering a new phase, with its office space now fully renovated and construction underway on new residential, retail and hospitality segments that will create a new town square for workers and residents alike. And The Connell Co. has already taken steps toward opening the campus to the public — from social events to gym memberships — all with a level of branding and merchandising that is unlike what you’d find at other commercial properties in the state.
What’s old is new
As you’ll read in this month’s cover story, The Connell Co. is entering a new phase of its decade-long, $500 million update of its 185-acre campus along Interstate 78, with construction underway on new residential, dining and entertainment spaces that will create a town square for workers and residents alike. Connell has already taken steps toward opening the corporate park to the public — offering gym memberships and nighttime social events inside its renovated office space — all with a level of branding and merchandising that is unlike anything seen at other commercial properties in the state.
Ironstate, Pegasus unveil renovated hotel in Harrison, marking property’s 10-year anniversary
The developers of an extended-stay hotel in Harrison — a key piece of the town’s redevelopment efforts — have marked its 10-year anniversary while debuting a multimillion-dollar renovation.
Kennedy Funding inks $1.7 million land loan for Dominican Republic resort project
Kennedy Funding has closed a $1.7 million land loan to the firm behind a planned luxury resort property in the Dominican Republic.
