Top News
Edison Properties, Newark officials unveil ‘Jerry Gottesman Way’ honoring late real estate icon

A new street sign in downtown Newark is paying tribute to the late Jerry Gottesman, the visionary real estate executive who spent decades advocating for the city’s revitalization.

Residential & Mixed Use
Russo unveils highly touted 296-unit rental property near Newark’s Broad Street Station

Russo Development’s new upscale apartment property in Newark is set to open its doors, in a key milestone in the firm’s high-profile entrance to the state’s largest city.

Retail
Onyx, Baraka welcome Uncle Willie’s Wings to The Junction at Gateway Center

A popular local wing spot has opened its doors at the new-look restaurant row inside Newark’s sprawling Gateway office complex.

Professional Spotlight
Minno & Wasko Architects and Planners

MINNO & WASKO’s staff has extensive experience in all forms of residential, hospitality and mixed-use construction. “Our designs are responsive to each individual market and are unique in creating projects that have lasting value to Owners and residents.” “We are about placemaking and streetscape animation.”

Residential & Mixed Use
Cervelli closes $1 million sale of six-unit rental building in Newark’s Ironbound

A private investor has sold a six-unit apartment building in Newark’s popular Ironbound section, in a newly announced deal by Cervelli Real Estate & Property Management.

Retail
UPS adds six stores in northern, central New Jersey with 10,000 sq. ft. in leases, RIPCO says

The UPS Store has expanded its footprint in New Jersey in recent months with six new leases totaling more than 10,000 square feet, in a series of deals arranged by RIPCO Real Estate.

Finance & Capital Markets
Provident inks $19 million construction loan for Newark self-storage project, JLL says

A development team has landed a $19 million construction loan for a 1,332-unit self-storage project in Newark’s Ironbound section, according to a debt placement team with JLL.

Events
Newark Summit to highlight opportunity, innovation as city’s development boom continues

Dozens of business and civic leaders will take the stage in early December for the inaugural Newark Summit, where they’ll discuss the wave of investment and placemaking initiatives in the state’s largest city, in an event that is slated to draw more than 750 attendees.

Government & Public Policy
EDA approves $20 million in Aspire tax credits for senior housing projects in Essex, Gloucester

The state has approved another $20 million in tax credits under the Aspire program, clearing the way for developers to build or renovate a combined 164 apartments for seniors in Essex and Gloucester counties.

Professional Services
MSW expands commercial real estate practice with three newly added attorneys

Murphy Schiller & Wilkes LLP has announced the addition of three attorneys to its growing commercial real estate practice.