NJ Transit has secured nearly $600,000 in federal funds to study development prospects along what would be the long-awaited, nine-mile extension of the Hudson-Bergen Light Rail.
NJ Transit is seeking would-be developers for two sites, including property at the busy Metropark station in Woodbridge and a parcel near Liberty State Park in Jersey City.
A planned 214-unit apartment development in North Bergen is moving ahead with the help of a newly announced, $52.5 million construction loan by Procida Funding.
Ingerman has broken ground on a planned 138-unit luxury rental community in Bayonne, where it hopes to be at the forefront of Hudson County’s next hot spot for development.
