EDA approves $74 million tax credit, boosting award for planned 207-unit Newark high-rise

A project that would bring more than 200 new apartments to downtown Newark is moving ahead with expanded support from the state, securing approvals for up to $74 million in Aspire tax credits from the Economic Development Authority.

Gauging the future of rent growth, investor appetite along the booming Hudson waterfront

As residential high-rise construction continues to surge, developers and investors are keeping a watchful eye on rent growth and capital markets activity along the Gold Coast.

HFF: Hoboken apartment complex fetched nearly $80M

Only weeks after opening its new luxury rental community in northwest Hoboken, Advance Realty has expanded its footprint in the area with the acquisition of a neighboring complex.

HFF marketing Hoboken apartment complex

The owner of a two-building, 128-unit apartment complex in Hoboken has tapped HFF to sell the property, with brokers touting a “substantial value-add potential” in the state’s strongest rental submarket.