EDA: Revival of historic Paterson stadium set to begin after approval of ERG award

A development team is moving ahead with plans to revive the historic Hinchliffe Stadium site in Paterson, following approval of a $67 million state tax credit for the project.

Transwestern: Paterson charter school eyes new location, acquires historic mill building

A charter school system has acquired a former industrial building in Paterson that it will use as its newest location, according to brokers with Transwestern Real Estate Services.

Paterson, Passaic rental portfolio trades for $17 million, Gebroe-Hammer says

An investor has paid $17 million for a nine-building, 133-unit apartment portfolio in Paterson and Passaic, in a transaction arranged by Gebroe-Hammer Associates.

Murphy signs law to extend deadlines for approved ERG, Urban Transit Hub projects

Gov. Phil Murphy has signed into law a bill that extends key deadlines for some projects that are still in development but were approved under two of the state’s defunct incentive programs.

Net-leased retail property in Paterson trades for $34 million, Newmark says

A family office has sold a net-leased Home Depot property in Paterson for $34 million, under a newly completed transaction by Newmark.

Procida closes $9.5 million in loans for Paterson multifamily projects

The developer of two new apartment buildings in Paterson has secured more than $9.5 million in financing for the projects, in a set of newly completed transactions by Procida Funding.

Developer launches site work, proceeds with adaptive reuse of historic Paterson complex

A developer is moving ahead with a sweeping adaptive reuse plan in Paterson, where it hopes to transform a historic industrial complex into a destination for residents and businesses.

Paterson apartment, commercial building trades for $8 million

A private investor has acquired 38 apartments and commercial space in Paterson for nearly $8 million, according to brokers with Marcus & Millichap who arranged the deal.

DMR touts ongoing work in residential, public-sector projects during pandemic

DMR Architects is progressing on a host of residential, governmental and education projects in New Jersey, with design and construction ongoing in spite of the coronavirus crisis.

Kislak inks $6.3 million sale of Paterson rental portfolio

A private investor has sold a three-building, 37-unit apartment portfolio in Paterson for nearly $6.3 million, according to brokers with The Kislak Co. Inc.