Developers of new Hoboken rental building launch COVID donation program

The development team behind a new 424-unit apartment building in Hoboken is taking steps to support those on the front lines of the coronavirus pandemic.

The economic value of the multifamily industry

In the weeks since the start of this crisis, the primary focus was on the health impacts of COVID-19, and rightfully so. And while the economic impact never left our minds, recent data has now put the financial health of our country and our state on the front burner.

Murphy extends DEP deadlines for permit reviews, actions during COVID-19 crisis

Gov. Phil Murphy on Saturday extended a host of deadlines required under the state’s environmental laws, including those related to certain permit decisions for development projects.

Pennrose offers 10 weeks’ free rent at New Brunswick apartment tower

A developer is offering up to 10 weeks of free rent at a new luxury apartment building in New Brunswick, seeking to ease the concerns of would-be tenants during the COVID-19 crisis.

Developers, municipalities prepare for virtual entitlement process amid health crisis

By Joshua Burd As the real estate industry prepares for life in the wake of COVID-19, the new normal — at least in the near term — will include the likes of virtual planning and zoning board hearings. New Jersey…

Murphy gives towns option to extend May property tax deadline

Municipalities in New Jersey may now extend by one month the grace period for quarterly property tax payments that are due on May 1, Gov. Phil Murphy announced Tuesday.

Murphy: Apartment renters can now use security deposit to help with payments

Apartment tenants in New Jersey may now tap their security deposits to help pay rent during the COVID-19 crisis, under a newly signed executive order by Gov. Phil Murphy.

Industrial sector could bounce back quickly — and stronger — after short-term hit from COVID

Industrial developers and companies seeking logistics space are unlikely to face lasting damage from the coronavirus pandemic, experts say, but the market is still poised for major changes amid disruptions to supply chains and consumer spending habits.

Planned Cos. launches $500,000 relief fund for employees impacted by COVID-19

A Parsippany-based building services company has launched a $500,000 relief fund to support its employees during the coronavirus crisis.

Montclair landlords sue to block rent control ordinance passed during stay-at-home order

A group of Montclair landlords has sued to overturn a new rent control ordinance in the township, alleging the governing body took action in the midst of the COVID-19 crisis when opponents could not fully mobilize against the measure.