An investor group led by Affinius Capital is acquiring Veris Residential Inc., in a $3.4 billion deal that will take the company private after its high-profile, multiyear pivot from the iconic former Mack-Cali Realty Corp.
Landlords and technology firms say tools such as smart meters, sensors and cloud-based platforms can help reduce a building’s carbon footprint, which can come with the equal or greater selling point of cost savings on energy.
Arthur E. Imperatore Sr., the pioneer of Hudson River commuter ferry service and a central figure in the transformation of northern New Jersey’s Gold Coast, has died at age 95.