Pennrose, officials mark start of construction for new veterans senior housing in Woodbridge

Pennrose has broken ground on a project that will bring 60 units of affordable senior housing to Woodbridge with a preference given to military veterans.

NAIOP New Jersey unveils three Deal of the Year winners, plus finalists for office category

NAIOP New Jersey has announced three Deal of the Year winners ahead of its popular spring gala, with plans to reveal a fourth to the hundreds who will be on hand for the May 14 event.

A guiding force: Why time with Newark Alliance will loom large for new EDA chief Weiss

Evan Weiss had his reasons for leaving state government in 2021. One of them, he recalls, was “because I started to feel so removed” from the constituents who were affected by the sweeping policies and billions in funds he helped deploy as a top adviser to Gov. Phil Murphy.

He rediscovered that connection as head of the nonprofit Newark Alliance, a role he held for four years — and one that will loom large as he returns to Trenton as CEO of the state Economic Development Authority.

EDA board approves Weiss, former Newark Alliance leader, as its new CEO

Evan Weiss is set to officially take the helm of the New Jersey Economic Development Authority, following a board vote Wednesday to approve him as its next chief executive.

Sherrill taps Weiss to lead EDA, Potosnak as DEP commissioner

Gov.-elect Mikie Sherrill has filled two key posts impacting commercial real estate, naming Evan Weiss as CEO of the New Jersey Economic Development Authority while nominating Ed Potosnak as commissioner of the Department of Environmental Protection.

SK, Berger land $250 million in financing for 396-unit Newark rental project, W&D says

A joint venture’s plan to bring nearly 400 new apartments to downtown Newark is advancing with more than $250 million in capital commitments arranged by Walker & Dunlop.

Triangle, Incline unveil 400 rentals in sweeping project at East Orange’s Brick Church Station

The first apartments at a major mixed-use project in East Orange have hit the market, with leasing now underway at the collection of 400 homes at NJ Transit’s Brick Church Station.

Building momentum

The Museum Parc project is now taking shape around The Newark Museum of Art, as you’ll read in this month’s cover story, as a development team constructs two new buildings with a combined 250 mixed-income apartments, ground-floor retail and additional cultural spaces such as a vibrant, glass-enclosed gallery. The construction along Central Avenue is now about 50 percent complete, as anticipation builds for full delivery in early 2027.

JLL: Lions Group, Goldman ink $200 million financing package for new Journal Square tower

Lions Group has secured some $200 million in financing and capital commitments for a planned 34-story, 360-unit apartment tower in Jersey City’s booming Journal Square section.

EDA backs Liberty Science Center refresh, expansion with $40 million tax credit award

State officials have pledged their support to a planned expansion of the Liberty Science Center in Jersey City — including more than 100,000 square feet of new outdoor exhibition space — under a $40 million project that would also refresh the museum’s indoor offerings.