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 newly built, 88-unit apartment building has hit the market for sale in downtown Hackensack, where brokers are touting several key tax benefits for a would-be buyer.
Brokers with Meridian Capital Group are seeking a buyer for a development site in downtown Newark, one that is fully approved for nearly 600 high-end apartments across two towers.
An investment group is seeking a buyer for what will become a two-building, 126-unit luxury apartment complex at the site of a historic bank tower in Hackensack.
A joint venture’s plan to redevelop the former home of The Record in Hackensack is moving forward, under a plan that calls for 650 apartments and retail space along the Hackensack River.
A developer has teamed with a New York-based finance firm to launch a new Opportunity Zone fund platform, with a focus on mixed-use projects in central New Jersey.