The COVID-19 pandemic has threatened to stall many development projects nationwide, including those under the federal Opportunity Zone program, but experts say those investments could gain new momentum after a series of recent steps by regulators.
Apartments at landmark Newark tower top 90 percent leased milestone
A collection of more than 200 apartments inside a newly restored, 21-story building in downtown Newark is on the verge of being fully leased.
Newark approvals include tax abatement for second ‘Shaq Tower’
A proposed 370-unit apartment tower in Newark has secured a 30-year tax abatement, as city officials move to advance a series of planned developments despite the pandemic.
NKF: New Jersey office market stalls in Q2 as tenants grapple with COVID crisis
Office leasing in New Jersey slowed significantly in the second quarter, with renewals and extensions accounting for most of the activity as tenants navigated the coronavirus crisis.
Amazon opening 14 new last-mile ‘delivery stations’ in New Jersey
Amazon is adding to its already-vast footprint in New Jersey, announcing plans for 14 new locations geared toward the last mile of its fulfillment process.
Korean BBQ chain inks lease at Hahne & Co., bringing Newark building to 100 percent leased
The revitalized Hahne & Co. building in downtown Newark is now fully leased after a nearly 2,000-square-foot commitment by a growing Korean barbeque restaurant.
Kislak brokers sale of four-building, 56-unit rental portfolio in Newark
A multifamily owner has reaped nearly $8 million from the sale of a four-building, 56-unit portfolio in Newark, following a transaction arranged by The Kislak Co. Inc.
T-Mobile inks four new locations in North Jersey, Goldstein Group says
T-Mobile has leased more than 6,600 square feet across four new locations in northern New Jersey, under a series of newly completed deals by The Goldstein Group.
Ware Malcomb announces new principal in Newark, New York offices
Design firm Ware Malcomb has named a new principal in its Northeast region.
McCarter extends 117,000 sq. ft. lease at Newark’s Gateway complex, Onyx says
One of the state’s largest law firms has extended its nearly 120,000-square-foot lease at Newark’s Gateway complex, whose ownership is planning a sweeping upgrade and expansion.
