A financial technology firm has opened its new office in downtown Newark, thanks in large part to a $6.5 million state incentive that helped lure the company from Midtown Manhattan.
A law firm is set to relocate to Edison Properties’ Ironside Newark project, as the developer also prepares to move its own headquarters to the rehabilitated former warehouse building.
Newark appears to have fallen short in its bid to land Amazon’s coveted second headquarters, with published reports indicating that the company is leaning toward New York City and northern Virginia as part of a split location.
More than 130 apartments in Bergen, Essex and Union counties have changed hands for a combined $18.18 million, following a series of transactions by Gebroe-Hammer Associates.
Tim Lizura, a former longtime top executive with the state Economic Development Authority, has joined the New Jersey Performing Arts Center to oversee the development of the land around the downtown Newark venue.
A developer has paid more than $8 million for a 4.5-acre parcel near Newark Liberty International Airport, where it now plans to build an 80,000-square-foot industrial building.
A developer is tapping into the federal Low Income Housing Tax Credit program as part of a planned 84-unit, mixed-income rental project in Newark, in one of several recent transactions announced by Day Pitney LLP.
Stakeholders gathered Wednesday to mark the opening of a new 22-story residential tower in downtown Newark, the city’s first ground-up luxury high-rise in more than 50 years and the first tangible piece of a plan to develop the property around the New Jersey Performing Arts Center.
