Procida eyes $40 million rehab of historic Paterson silk mill, with plans for 127 apartments

A development team led by Procida Funding has unveiled plans to create nearly 130 new apartments at the site of a historic mill complex near Paterson’s Great Falls.

J.G. Petrucci completes expansion, community space for historic Paterson church

J.G. Petrucci Co. Inc. has completed a new 17,000-square-foot building in Paterson that will allow for the expansion of a church in the city’s Old Great Falls Historic District.

Gebroe-Hammer: 114-unit Paterson rental tower trades for $23 million

An affiliate of a Brooklyn-based real estate firm has sold a 114-unit apartment tower in Paterson, in a newly announced transaction by Gebroe-Hammer Associates.

Blue Onyx hires former Roseland, Mill Creek exec to lead growing development pipeline

Blue Onyx Cos. has added a veteran development executive to help guide its expansion and a growing pipeline with more than $600 million of estimated construction costs.

NAI Hanson: Legal services firm relocating, taking 13,000 sq. ft. at Paterson office tower

A law practice is on the move in Paterson after leasing nearly 13,000 square feet at a prominent office building in the city, in a transaction arranged by NAI James E. Hanson.

Developers break ground on housing, nonprofit space at Paterson mill property

A joint venture has broken ground in Paterson on a $26 million project that will bring affordable housing and space for a local nonprofit to the site of a historic mill building.

Paper business sells 60,000 sq. ft. Paterson industrial building, NAI Hanson says

The owner of a multigenerational paper business in Paterson has sold a nearly 60,000-square-foot industrial building in the city, under a deal arranged by NAI James E. Hanson.

NAI Hanson, Van Houten complete sale of historic 108,000 sq. ft. building in Paterson

A joint venture has purchased a historic industrial complex in Paterson, paving the way for a potential adaptive reuse project alongside other redevelopment efforts in the city.

Paterson apartment portfolio trades for $2.9 million

A private investor has sold a two-building, 22-unit apartment portfolio in Paterson for nearly $2.9 million, brokers with Lee & Associates New Jersey announced Wednesday.

Marcus Partners acquires two-building, 194,000 sq. ft. industrial portfolio in Paterson

An investment firm has acquired a two-building, 194,000-square-foot industrial portfolio in Paterson, marking its first foray into the asset class in New Jersey.