Woodmont Properties is marking a leasing milestone at its new project in Metuchen, a 273-unit rental community just steps from the borough’s train station and downtown.
In a state that is increasingly dependent on redevelopment in densely populated, infrastructure-rich towns and cities, lawmakers are mulling changes to a tax abatement statute that is often seen as critical to bringing those projects to life.
Woodmont Properties has started construction on another transit-centric residential development in Middlesex County, this time in South Amboy at a site along the Raritan Bay.
With plans that go back more than a decade, the landmark redevelopment of the former Epstein Department Store in Morristown has entered its final phase.
If the first 40 years of Woodmont Properties were about becoming an institution in New Jersey’s real estate sector, the last 10 have been about ushering in a new era for the Fairfield-based firm. Look no further than the developer’s multifamily portfolio.