Government & Public Policy
Fulop urges Solomon to embrace growth, leave ‘comfort zone’ as Jersey City’s next mayor

Outgoing Jersey City Mayor Steve Fulop called on his successor, James Solomon, to be pragmatic about development and affordability as he moves ahead, following a campaign that was decidedly anti-development and stoked uncertainty in the private sector.

Government & Public Policy
Steps taken: Fulop proud of record on affordability, but knows there’s more to be done in Jersey City

Jersey City Mayor Steven Fulop has been unabashedly pro-growth during his 12 years in office. That’s clear from the city’s ever-changing skyline, but even he concedes that new development has overshadowed efforts to improve housing affordability.

Residential & Mixed Use
GN Management buys Panepinto interest, development rights for 579-unit tower at Harborside 9

Panepinto Properties has sold one of two newly acquired development sites in Jersey City to GN Management, a fellow real estate firm based in the city, setting the stage for the latter to build a 57-story, 579-unit apartment tower alongside another planned high-rise.

Office
Bank of America eyes late 2026 completion of new 548,000 sq. ft. office space in Jersey City

Bank of America’s future home in Jersey City is taking shape, with construction well underway on the new 548,000-square-foot office space that could open starting next summer.

Finance & Capital Markets
JLL: Panepinto, AJD ink $384 million in debt, equity for 678-unit Jersey City rental project

Developers are planning an early 2026 groundbreaking for a new 678-unit apartment tower in Jersey City after landing $384 million in capital for the project, brokers with JLL said Tuesday.

Finance & Capital Markets
Alpine snags $72 million refi loan for new 201-unit Jersey City rental property, JLL says

Alpine Residential has landed nearly $72 million in permanent financing for a portfolio of 201 newly built apartments in Jersey City’s Bergen-Lafayette section.

Residential & Mixed Use
Six-unit Jersey City rental building trades for $1.025 million, Cervelli says

A private investor has purchased a six-unit apartment building in Jersey City for $1.025 million, according to a brokerage team with Cervelli Real Estate & Property Management.

Residential & Mixed Use
Panepinto closes deal for Harborside parcels in Jersey City, advancing long-awaited plan for 1,257-unit development

Veris Residential Inc. has sold a Jersey City development site to Panepinto Properties for $75 million, in a deal arranged by Cushman & Wakefield, marking a key step in a plan to develop two high-rises with a combined 1,257 apartments and new amenities for the area.

Industrial
Eden Wood, event rentals company ink 32,000 sq. ft. industrial lease in Jersey City, BRC says

An event rental company has taken nearly 32,000 square feet at a Jersey City industrial building, in a newly announced deal by Bussel Realty Corp.

Residential & Mixed Use
TAY Investments eyes 365-unit Jersey City rental project, its largest to date

TAY Investments has detailed plans to build 365 apartments at a recently acquired site in Jersey City, in what would be the largest project to date in the firm’s fast-growing portfolio.