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.
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.
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 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.
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.
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 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.
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.
