A joint venture has kicked off a sweeping $124 million project to modernize and preserve a two-building, 304-unit affordable housing property in downtown Trenton.
Construction is set to begin on a long-awaited expansion of the New Jersey Performing Arts Center’s campus in Newark, part of a $336 million project that will bring 350 new apartments, office and retail space and a 58,000-square-foot arts education and community center.
A sweeping plan to expand the New Jersey Performing Arts Center campus in Newark has secured a 10-year, $200 million tax credit award under the state’s Aspire program, in a key step for a project that would include 350 apartments and new commercial and community spaces.
Regan Development Corp. has opened a new 85-unit apartment building in Little Ferry that will provide affordable housing for seniors and residents with special needs.
TD Bank has pledged $2 billion toward affordable housing, affordable mortgage lending and other investments aimed at supporting lower-income communities in the state, under a partnership announced this week with two influential advocacy groups.
Eastern Pacific Development has completed the 65-unit first phase of a new senior housing complex in Vineland, with construction now underway on the project’s second piece.
A private developer has secured construction financing for a 48-unit multifamily project in West New York and a second loan for an existing property in the town, brokers with JLL said.
Russo Development and PGIM Real Estate have completed demolition of a defunct office complex in Mahwah, paving the way for construction of a new 200,000-square-foot industrial building at the site.
A new $10,000 donation from TD Bank is helping to advance the mission of a Franklin Lakes-based charity that helps bring essential medical services to children with rare illnesses.
