Newark awarded $24 million HUD grant for public housing upgrades

The federal government has awarded more than $24 million to the city of Newark to fund a series of major capital improvements to public housing properties.

Investors debut rehabbed affordable housing in Jersey City (SLIDESHOW)

A joint venture has completed its rehabilitation of Jersey City’s largest privately held Section 8 housing complex, a 483-unit property near the city’s Journal Square section.

Murphy unveils Hoboken flood wall location, but fate of rail yards project still unclear

Gov. Phil Murphy has announced a long-awaited plan for a flood barrier at the southern end of Hoboken, although its location could threaten or dramatically alter a proposal to redevelop the rail yards alongside the city’s busy train terminal.

Newark housing complexes slated for $170 million rehab

An investment group has set out to revitalize two public housing complexes in Newark that city officials say are nearly uninhabitable, with plans to spend more than $170 million on the project and the full financial backing of the state.

JLL inks four leases at One Newark Center for 68,000 sq. ft.

Four tenants have combined to lease nearly 68,000 square feet at One Newark Center, the 423,000-square-foot office tower in downtown Newark, including the iconic top-floor space that was the longtime home of The Newark Club.

CIS opens new senior housing in place of Sandy-damaged complex in Middletown

A developer has opened a new affordably priced, senior housing community in Monmouth County at the site of a complex that was damaged so badly by Hurricane Sandy that it had to be demolished.

Essex County apartments to stay affordable after $22M trade

A multifamily owner is set to acquire a 178-unit property in East Orange, as part of a $22 million deal that calls for preserving its status as affordable housing.

Jersey City HUD building recapitalizes with $95M loan

A Boston-based mortgage banking firm has closed a $95 million loan to recapitalize a Jersey City apartment complex and allow it to continue to offer federally subsidized affordable housing.