New Jersey Institute of Technology

NJIT’s Profeta Real Estate Center launching June 23, seeking to reshape real estate education

The Profeta Real Estate Technology, Design and Innovation Center will officially launch next week at New Jersey Institute of Technology, marking the start of what’s meant to be a pioneering cross-disciplinary program to produce the industry’s most well-rounded graduates.

Education

NJIT opens 25,000 sq. ft. translational research center at NEST campus in Kenilworth

New Jersey Institute of Technology has officially launched a new research hub at the Northeast Science and Technology Center in Kenilworth, where it’s leasing 25,000 square feet from a joint venture that’s repositioning the former Merck & Co. campus.

Events

NRBP to honor Giantomasi alongside NJIT, Urban League at an annual foundation dinner

Newark native and prominent real estate attorney Frank Giantomasi will be among the honorees at the Renaissance Newark Foundation’s annual Partners & Leaders Dinner, headlining the program alongside New Jersey Institute of Technology and the Urban League of Essex County.

Newark Regional Business Partnership launches Real Estate Council with industry heavyweights

The Newark Regional Business Partnership, the longtime host of a signature commercial real estate event, is doubling down on its ties to the industry with a newly formed advisory group.

Technology

NJIT to open 25,000 sq. ft. translational research center at NEST campus in Kenilworth

New Jersey Institute of Technology is planting a flag at the Northeast Science and Technology Center in Kenilworth, with plans to open a new research hub at the fast-growing campus.

Profeta named to NJIT board of trustees

State officials have appointed Paul V. Profeta, the founder of Paul V. Profeta & Associates and publisher of Real Estate NJ, to New Jersey Institute of Technology’s board of trustees.

Profeta Center graduates second class of minority entrepreneurs

The Profeta Center for Innovation and Entrepreneurship at New Jersey Institute of Technology has graduated its second class of minority entrepreneurs, paving the way for the launch of more than two dozen businesses led by Newark-area residents.

Office

NJIT takes 74,000 sq. ft. in sublease at Fidelco-owned property in downtown Newark

New Jersey Institute of Technology has filled more than 74,000 square feet of office space in Newark, securing a location in a high-profile property owned by Fidelco Realty Group.

Editor’s Note

A proud moment as NJIT’s Newark Startup Studio graduates 45 minority entrepreneurs

I hope you’ll indulge me this morning as I highlight a proud moment for all of us at Real Estate NJ. It came at this week’s Newark Summit, where New Jersey Institute of Technology President Teik Lim addressed the hundreds that were assembled in downtown Newark.

Government & Public Policy

State to invest $20 million, partner in development of Jersey City science and tech hub

The state will invest up to $20 million and partner in a planned 120,000-square-foot facility in Jersey City that will serve as a hub for life sciences, health care and technology adjacent to the acclaimed Liberty Science Center, officials said Thursday.