Tenant interest in ‘hub-and-spoke’ model brings added focus to state’s new-look office stock

A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.

Sanzari drawing on 75 years of stability, relationships to guide tenants through crisis

Like other landlords, Alfred Sanzari Enterprises has spent months with its buildings mostly empty as businesses cope with the effects of the pandemic. But the family-owned firm has weathered the crisis and helped its tenants do the same thanks to its own financial strength and ability to act quickly, which stem from a patient, low-leverage approach that goes back 75 years.

HMFA reopens landlord relief program, expands eligibility to owners of up to 30 units

The state has extended and expanded an emergency grant program for New Jersey apartment landlords, drawing praise from the multifamily sector despite the need for additional relief.

NJAA: Landlords, renters need further support from federal and state governments

The New Jersey Apartment Association is renewing calls for additional assistance to both renters and landlords, as highlighted by the recent national eviction moratorium by the federal government and continued discussions among state policymakers.

Brogan: Apartment owners still facing economic, legislative concerns as health crisis continues

With New Jersey’s coronavirus crisis entering its seventh month, the state’s apartment industry still faces a long list of challenges amid legislative efforts to address the economic fallout. Real Estate NJ connected with David Brogan, the executive director of the New Jersey Apartment Association, who weighed in on everything from rent collections to state and federal policy proposals that he believes would have dire financial consequences for landlords.

Indoor dining in New Jersey can resume Friday at reduced capacity, Murphy says

New Jersey restaurants will be able to open for indoor dining at 25 percent capacity starting this Friday ahead of Labor Day weekend, Gov. Phil Murphy said Monday.

Bell Works details reopening plan, safety measures after COVID shutdown

Somerset Development has unveiled its plan to reopen its flagship Bell Works complex in Holmdel, providing a roadmap for office and retail tenants that were forced to leave as the COVID-19 crisis escalated in early spring.

Government officials not acting fiduciarily responsible

Since mid-March, our national GDP has plunged and New Jersey’s unemployment rate is startling, as budgeted state and local revenues are hemorrhaging. COVID-19 has made matters far worse and the budgetary pains and economic slowdown will be significant and sustained under any scenario. Our state and local elected officials must now make difficult decisions that do not jeopardize our future.

Onyx announces promotion, names senior VP of property management and construction

Onyx Equities has announced a key promotion as part of an expansion of its construction team and the ongoing growth of its portfolio of office buildings.

State launches $25 million relief program for small landlords hurt by COVID-19

State officials have unveiled a $25 million grant program for small landlords who have lost rent revenue during the coronavirus crisis.