Office tenants continued their flight to new and improved spaces as 2019 came to a close, furthering the case for landlords to upgrade or redevelop New Jersey’s aging stock of buildings.
What all real-estate companies, developers and professionals need to know about political contributions
With the presidential election now less than a year away, 2020 promises to be a year in which politics is difficult to escape. But before businesses and individuals rush to engage in political activity and make political contributions at the county and municipal levels, it is important to review New Jersey’s pay-to-play laws. Because what the real-estate world doesn’t know about political contributions may come back to hurt it.
Coffee, halal chains coming to Ironside Newark as first retail tenants
Edison Properties has landed the first two retail tenants at its Ironside Newark project, luring a café operator and an international halal food chain to the adaptive reuse project.
Affordable apartments in Newark rehabbed with LIHTC tax credits
State and local officials cut a ceremonial ribbon Thursday to mark the major rehabilitation of a decades-old building with 200 apartments for working families in the city’s Central Ward.
ProudLiving helps families in need during holidays
ProudLiving Companies, a local real estate company with a mission of long-term neighborhood revitalization, recently partnered with five New Jersey municipalities to distribute Thanksgiving turkeys to families in need.
Miami apartment owner invests in 401-unit Newark high-rise
A high-rise apartment complex in Newark’s Forest Hill section has changed hands for $73 million, drawing a preferred equity investment from a Miami-based multifamily owner.
Onyx unveils renderings, teases redesign of Gateway overhaul in Newark
Onyx Equities is taking the wraps off its long-awaited plans for the Gateway office complex in Newark, with a design that calls for new public spaces, retail and dining options that will transform its busy commuter concourse and the surrounding streets.
Teriyaki concept opens new store at Paramount-owned building in Newark
A fast casual restaurant chain is making its New Jersey debut in Newark, where it is leasing 2,000 square feet at a downtown location owned by Paramount Assets.
Moving company takes 12,000 sq. ft. at sprawling Newark industrial complex
A commercial moving company is taking nearly 12,000 square feet at a newly renovated industrial complex in Newark, in a recent transaction by NAI James E. Hanson.
L+M sees new office space as key complement to apartments, retailers at historic Newark tower
With renters flocking to Walker House’s 264 apartments and commitments from a host of retailers, L+M Development Partners is keenly focused on the third piece of its formula. The New York-based developer, alongside brokers with JLL, has stepped up efforts to market more than 50,000 square feet of available office space at the building, touting the promise of downtown Newark’s resurgence and a workplace that is like few others in New Jersey.
