Association honors Jersey City apartment developers, builders in inaugural awards program

Real estate leaders along the Hudson waterfront took center stage last week when the Jersey City Apartment Owners Association hosted a newly launched awards program.

Six office tenants lease 22,000 sq. ft. at 30 Montgomery in Jersey City, C&W says

Six tenants have combined to lease nearly 22,000 square feet at an office building in downtown Jersey City, in a series of recent deals arranged by Cushman & Wakefield.

Halpern plans early 2024 delivery for new 337-unit rental project in Jersey City

A new 337-unit luxury apartment building in Jersey City’s growing West Side neighborhood is on track to open in early 2024, developer Halpern Real Estate Ventures said Thursday.

KRE Group taps real estate industry veteran Bulbin as director of acquisitions

Kushner Real Estate Group has hired a veteran industry executive to spearhead its growing acquisitions platform.

Progress Capital sources $30 million construction loan for 155-unit Jersey City rental project

A developer has snagged a $30 million construction loan for a 155-unit multifamily project in Jersey City’s West Side neighborhood, in a deal arranged by Progress Capital.

Greenspot

Greenspot develops, installs, operates and maintains electric vehicle (EV) charging stations. Greenspot is a Charge Point Operator (CPO), so we own the charging stations and network. Our business model is to invest in technology to sell electricity to EV drivers. Greenspot provides everything property owners and managers need to monetize their parking lots without CapEx and the headache of ownership. Greenspot does this by installing charging stations on the property, operating and generating revenue, covering the cost of expenses and then sharing profits. Greenspot will continue to make the investment in the technology (e.g. Upgrades to faster and wireless charging) and expansion to provide drivers with more access to EV charging spots. Over time there will be many more EVs coming to your property and, as the charging stations expand, the NOI will grow significantly.

CBRE: New Jersey office demand slumps in Q3 despite bursts in Hudson waterfront, Princeton

Office leasing in northern and central New Jersey slowed in the third quarter, a report by CBRE found, as tenants grappled with economic headwinds despite some bright spots in the market.

New public plaza, park space opens at Jersey City’s Exchange Place PATH station

City officials and business leaders in Jersey City have debuted a new waterfront park for the public and daily office users in the PATH train-anchored Exchange Place district.

Kislak inks $2.6 million sale of 13-unit Jersey City apartment building

A private investor has acquired a 13-unit apartment building in Jersey City for nearly $2.6 million, according to brokers with The Kislak Co. Inc.

Investor adds 60-unit Hudson County apartment portfolio for $10 million, Kislak says

A private investor has acquired 60 units in northern Hudson County for a combined $10 million, in a pair of newly announced transactions by The Kislak Co. Inc.