State officials have unveiled a new plan to help NJ Transit monetize its real estate holdings, announcing a proposal in which it would sell properties to a fellow agency that it says is better equipped to market them for development.
The state has approved a 10-year, $400 million tax credit award in connection with plans to build a 1.5 million-square-foot film and television studio complex on the Bayonne waterfront.
An investment group has closed on its purchase of a 100-unit, age-restricted apartment tower in Newark with plans to begin a $20 million overhaul of the affordable housing property.
A global venture capital firm has opened the doors to a new 35,000-square-foot facility in Newark that serves as a hub for developing tech startups across a host of industries.
The state Economic Development Authority is headed to Atlantic City this week to host an in-person information session for its new $20 million Emerging Developers Fund.
The state has pledged its support for two more residential projects in Newark, approving more than $142 million in combined subsidies under the Aspire tax credit program.
Construction is set to begin on nearly 250,000 square feet of new corporate and medical office space in Woodbridge, the future home of a Hackensack Meridian Health facility and the first piece of a distinctive mixed-use project at the Metropark train station.
The state Economic Development Authority is kicking off a series of in-person and virtual information sessions to introduce its new $20 million Emerging Developers Fund.
Boraie Development has secured a 10-year, $90 million tax credit award to build a 25-story, 333-unit luxury apartment tower along the Passaic River in downtown Newark.
The state has pledged nearly $114 million in tax credits over 10 years to a project that would transform the Metropark train station in Woodbridge, where plans call for 235 apartments and nearly 250,000 square feet of office and medical space for Hackensack Meridian Health.
