How have some local governments changed their approach to development since the downturn?

How have some local governments changed their approach to development since the downturn? We assembled a panel of industry experts to tackle this month’s question.

Onyx tapped to manage, reposition One Gateway in Newark

Onyx Equities LLC will take over management, leasing and construction oversight of One Gateway Center in Newark, with plans to reposition the well-known office tower along McCarter Highway.

Essex County apartment deals total $31.7 million, Gebroe-Hammer says

Nearly 250 units in East Orange and Newark have changed hands for a combined $31.7 million, in a trio of investment sales brokered by Gebroe-Hammer Associates.

SJP, Aetna announce 2 million sq. ft. redevelopment plan for Newark

SJP Properties and Aetna Realty have unveiled plans for a project in Newark that could deliver up to 2 million square feet of commercial and residential space at the city’s Broad Street station.

Fitness chain opens at repurposed Newark bank building

Paramount Assets has welcomed a fitness chain to a once-vacant bank building in Newark, which it has upgraded in an effort to repurpose the property for new tenants.

NJIT touts plans for new apartments, next phase of Gateway project in Newark

The New Jersey Institute of Technology has unveiled its latest expansion plans in Newark, joining developer PRC Group and city officials on Wednesday to detail a proposed 99-unit apartment building on its campus.

Developers begin rehab of historic New Jersey Bell tower in Newark

A joint venture has started construction to restore a historic office tower in downtown Newark, with plans to create 265 apartments and 80,000 square feet of office and retail space.

Fintech firm leaving Manhattan, leases 8,000 sq. ft. in Newark

A financial technology firm will relocate to Newark from Manhattan later this year, following an 8,000-square-foot lease at the historic Hahne & Co. building downtown.

Progress Capital brokers $5.3 million loan for Newark multifamily deal

An area property owner has acquired a two-building, 70-unit apartment complex in Newark with more than $5 million in financing arranged by Progress Capital Advisors.

LA Fitness coming to repositioned Newark retail center

A real estate investor has secured the approvals to build an LA Fitness in Newark, marking a major step forward for its redevelopment of a former Pathmark site.