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.
A joint venture has closed on the site of a Mahwah office building that it now plans to redevelop as 200,000 square feet of modern industrial space, brokers with CBRE said Monday.
JDA Group LLC has purchased a 6,000-square-foot bank building in Lacey Township, marking the development and investment firm’s entrance to the Ocean County retail market.