Government & Public Policy
Longtime EPA official joins Kearny Point team, with a focus on green initiatives

Hugo Neu Group has bolstered the team overseeing its landmark Kearny Point project, tapping a longtime federal official to oversee environmental initiatives at the 130-acre site.

Government & Public Policy
EDA: Co-working sites in central, southern New Jersey eligible for rent grants for startups

The state Economic Development Authority has added two co-working facilities in Somerset and Gloucester counties to its list of locations that qualify for rent subsidies for startup businesses.

Finance & Capital Markets
Wilcox, Thrivent close $170 million in loans for New Jersey apartment and industrial deals

G.S. Wilcox & Co. is touting $170 million in recent loan activity with one of its correspondent lenders, including $100 million for two northern New Jersey apartment developers.

Government & Public Policy
Kearny Point, Bell Works among sites eligible for EDA rent grants for startups

The state has approved nine locations at which technology or life sciences startups can apply for rent support grants that would help them move into incubators, accelerators or co-working spaces, including some of New Jersey’s largest redevelopment projects.

Residential & Mixed Use
C&W: Sale of factory site clears way for next rental project in Kearny

Russo Development has completed its acquisition of a former industrial site in Kearny that will allow it to extend its multifamily pipeline in the town, brokers with Cushman & Wakefield said.

Residential & Mixed Use
Russo adds to footprint in Kearny, debuts 280 apartments (SLIDESHOW)

Russo Development has delivered another 280 apartments in Kearny, completing the first of two phases at its newest residential project in the town.

Office
NAIOP panel: Building trends pointing toward employee health, ecofriendly design

Amenities, collaboration space and access to transportation will all remain important in the office sector, experts say, but those features must be increasingly focused on wellness, sustainability and energy savings. That’s not to mention diversity and the ability for employees to choose how they work.

Government & Public Policy
State honors three projects with housing, economic development awards

The state has doled out its annual Governor’s Excellence in Housing and Economic Development Awards, recognizing three well-known projects in northern and central New Jersey.

Government & Public Policy
EDA: Consignment startup eyes 492,000 sq. ft. fulfillment center in Perth Amboy

State officials have approved a 10-year, $38.9 million tax credit package to encourage an online luxury consignment shop to open a nearly 500,000-square-foot fulfillment center in Perth Amboy, where it says it would hire close to 800 employees.

Industrial
Clothing maker weighs 113,000 sq. ft. lease in Kearny

A three-year-old clothing manufacturer could be joining the sprawling Kearny Point redevelopment, following the approval of a 10-year, $37.2 million incentive to support a new 113,000-square-foot facility at the complex.