HMFA awards $28 million in tax credits, supporting 1,400 affordable housing units

By Joshua Burd The state has awarded its latest round of funding under the federal Low Income Housing Tax Credit program, allowing developers to generate an estimated $270 million in private equity in support of more than 1,400 new affordable…

Joint venture acquires Springfield Avenue shopping center in Newark

An affiliate of Goldman Sachs and Madison Marquette have acquired one of Newark’s newest retail properties — a fully occupied, grocery-anchored shopping center on Springfield Avenue.

Jonathan Rose lands $92 million for Newark affordable housing rehab

Jonathan Rose Cos. has secured more than $90 million in financing and equity to rehabilitate and enhance a 429-unit affordable housing complex in Newark.

JLL touts 65,000 sq. ft. in leasing at 3 Gateway in Newark

Four tenants have leased a combined 65,000 square feet at a well-known building in downtown Newark, where ownership is reaping the benefits of a multimillion-dollar renovation.

Fintech firm debuts Newark office after move from Manhattan

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.

Law firm, Edison Properties to relocate HQs to Ironside Newark

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.

Amazon eyeing locations outside Newark for HQ2, reports say

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.

Newark Museum design team honored for façade, interior renovations (SLIDESHOW)

The design firm behind recent renovations at the Newark Museum has won statewide acclaim, winning an award from the organization Downtown New Jersey.

PSE&G acquires Newark lot for $1 million

Public Service Electric & Gas has acquired a vacant lot in downtown Newark for $1 million, according to brokers with Sitar Realty Co.

Gebroe-Hammer touts $18.2 million in New Jersey apartment sales

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.