EDA pauses Aspire applications, seeking more ‘transparent and competitive framework’

The state Economic Development Authority is pumping the brakes on the Aspire tax credit program for developers, seeking to make it more efficient and cost-effective for applicants as it manages its remaining funds under the policy.

New Jersey Future to honor CBRE’s Medina, five projects at annual Smart Growth Awards

New Jersey Future will highlight five transformative development projects this fall as part of its 24th annual Smart Growth Awards, where it will also recognize one of the state’s longtime and distinguished leaders in commercial real estate and economic development.

Sherrill: State seeking development partners for transit hub sites in Bayonne, Linden

State officials are looking to jumpstart development around two train stations, in Bayonne and Linden, as they ramp up efforts to both expand housing and monetize government-owned land.

ENV’s Grant named ULI NNJ co-chair, as Violet PR’s Johnson begins second term

The Urban Land Institute Northern New Jersey has welcomed ENV Architects’ Dan Grant as co-chair of its district council, a post he’ll hold alongside Violet PR’s Dan Johnson as the latter begins a second term in the role.

EDA pledges $35 million tax credit award for 141-unit senior housing project in Totowa

A plan that would create 141 units of affordable senior housing in Totowa is advancing with the help of a $35.3 million tax credit award from the New Jersey Economic Development Authority.

Developers unveil $42 million update, preservation of 99-unit Newark senior housing complex

Tredway and LIHC Investment Group have completed their renovation of a nearly 50-year-old senior housing complex in Newark, part of a project that also extended the affordability of its 99 apartments for another 30 years.

See photos from NAIOP NJ gala as sold-out crowd celebrates Deals of the Year, industry leaders

NAIOP New Jersey’s annual Commercial Real Estate Awards Gala drew a sold-out crowd last week for a night of networking and a showcase of the industry’s best and brightest.

EDA, SOSA launch business accelerator, support space in Jersey City for international companies eyeing growth in U.S

State officials have unveiled a new coworking and support space in Jersey City that will serve as a hub for global companies seeking to establish and scale their operations in the United States.

Johnson & Johnson takes naming rights, expands ties to key incubator space at New Brunswick’s HELIX project

Johnson & Johnson is lending its name to what will be an iconic new public space and a key piece of the emerging HELIX campus in its hometown of New Brunswick.

United Way Legacy Event, now in 27th year, hits $5 million fundraising milestone as organization honors Sanofi at M Station

More than 300 commercial real estate industry leaders converged last week for the annual United Way Legacy Event, raising $328,000 while honoring Sanofi’s new, 260,000-square-foot flagship office at Morristown’s M Station campus by SJP Properties.