Towns file federal lawsuit over New Jersey affordable housing law, adding to state litigation

The coalition of towns seeking to undo New Jersey’s new affordable housing law is taking its case to federal court, arguing the framework violates the Constitution’s equal protection clause.

Developers ink $15 million construction loan for Montvale self-storage project, JLL says

A joint venture has closed on a nearly $15 million construction loan for a planned 989-unit self-storage facility in Montvale, brokers with JLL announced last week.

Accordia: Montvale office building adds dentistry practice as latest health care tenant

A general and cosmetic dentistry practice is coming to an Accordia-managed office building in Montvale after leasing more than 3,000 square feet at the property.

Towns challenging new affordable housing law detail latest strategy, eyeing Jan. 23 hearing

The coalition of towns seeking to block New Jersey’s new affordable housing law will soon have another day in court, having raised fresh concerns about the process that state officials will use to resolve zoning disputes and about a set of newly released regulations.

Cautious optimism: Developers, advocates say new DCA guidance brings much-needed structure to affordable housing debate

The path is by no means clear, not even by the most optimistic accounts. But new guidelines on addressing New Jersey’s affordable housing deficit is a key starting point for builders and advocates as they mull the next phase of residential development in the state. Stakeholders have said as much in recent weeks, conveying cautious optimism even as they grapple with the financial hurdles, legal battles and political debates that have slowed housing production in the past.

Key deadlines loom as towns, builders digest new DCA affordable housing obligations

With the release of new calculations on the state’s affordable housing deficit, towns and cities in New Jersey now have just over three months to adopt the numbers or provide their own.

Dental practice takes space at updated Montvale medical office building, Accordia says

A dental practice is joining the tenant roster at a newly updated, 32,000-square-foot medical office building in Montvale, according to a management team with Accordia.

Nine towns challenge N.J. affordable housing law in new lawsuit led by Montvale

Nine towns are suing to block New Jersey’s new affordable housing law, arguing it imposes excessive mandates on municipalities without fully considering local conditions and resources.

Montvale Liquors, a 4,700 sq. ft. boutique store, to open on South Kinderkamack Road

Montvale Liquors, a 4,700-square-foot boutique store, will open at the CVS Center on South Kinderkamack Road in Montvale, Levin Management Corp. announced.

Accordia named third-party manager of three medical office buildings in Montvale

Accordia has added to its third-party management portfolio with new assignments at a trio of medical office buildings in Montvale.