Port Houston marks all-time container volume record
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29Jun
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01Oct
NTTC chairman interview
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01Oct
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01Oct
Slate Property Group Nabs $90M Construction Loan for Queens Mixed-Use Project
Slate Property Group has landed $90 million in construction financing for its new mixed-use project at 69-65 Yellowstone Boulevard in the Forest Hills neighborhood of Queens, Commercial Observer has learned. Read full article >>
01Oct
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23Dec
$190M in upgrades will return Newark Penn Station to its former glory, Murphy says
Newark’s art deco-era Penn Station is going to get $160 million worth of tender love and care, befitting its status as one of the transportation gateways to the city and the state, Gov. Phil Murphy announced Tuesday morning.
12Nov
Plans for more ten-story buildings on Broadway move forward
Following the grand opening of BayOne, the first ten-story building constructed in Bayonne, more low-rise redevelopments are on the way.
12Nov
Is 18 stories too tall?
The Bayonne City Council tabled an ordinance at the Nov. 10 meeting that would have adopted the amended redevelopment plan for the Silk Lofts on Avenue E.
18Oct
15-Story Development Proposed in Newark’s University Heights
A mixed-use tower could potentially be constructed just north of the New Jersey Institute of Technology campus in Newark should a new application be approved.
18Oct
Hartz Mountain Opens Second Rental Tower in Weehawken
Hartz Mountain Industries launched leasing of Tower B at Hamilton Cove, the second of its three residential towers in the Lincoln Harbor area of Weehawken, NJ. Hamilton Cove’s first residential tower, Tower A, launched in March and is already 50% leased.
18Oct
Developer Wants to Bring 10-Story Building to Broadway in Bayonne
Four adjacent properties along Bayonne’s main drag could become the site of a ten-story building if a development firm gets its way.
25Aug
108-Unit Project Could Replace Incomplete Jersey City Development
A development project along West Side Avenue in Jersey City that has yet to be completed could largely be dismantled and replaced with a larger mixed-use complex under a new proposal.
25Aug
14-Story High Rise Designed by MHS Architects in Hoboken, NJ Lease 80% of its 424 Luxury Apartments
An eye-catching 14-story high rise tower designed by Marchetto Higgins Stieve Architects (MHS Architects) in Hoboken, NJ is reporting 80% of its 424 luxury apartment homes have been leased. Named 7 Seventy House, the signature property is distinctive for its multiple terraced setbacks, a glass and brick exterior...
24Aug
Kushner Companies Now 100% Owners of Pier Village in Long Branch
A major player in New Jersey’s real estate scene is now the outright owner of a beachfront community that they have spent the last few years jointly expanding with a Manhattan developer.
02Mar
Newark just might be the first N.J. city with quality, affordable housing for all
For decades, dreams of a Newark renaissance have been shattered by the reality of major challenges. We have a high poverty rate and low number of homeowners. Even the massive public investment in the Prudential Center and the Performing Arts Center seemed unable to light a fire under the...
02Mar
Construction Underway on 282-Unit Weehawken Condominium Project
Work is underway in preparation for another new development at Port Imperial in Weehawken.
17Feb
$25.7M Affordable Housing Project Planned in Newark’s South Ward
The $25.7-million project would include $3.04 million in mortgage financing from NJHMFA, $1.5 million from its Special Needs Housing Trust Fund, as well as $4 million from its hospital program to be matched by RWJBarnabas Health.
16Feb
Residential high-rise with school could replace 2 blocks in Downtown Jersey City
A developer is seeking to build a 50-story mixed-use development with more than 800 residential units and an elementary school on a pair of dead-end blocks in Downtown Jersey City.
16Feb
Seven-Story Building with Pool and Rooftop Terrace Proposed for Bayonne
Seven-Story Building with Pool and Rooftop Terrace Proposed for Bayonne
06Feb
Federal HOME funds available to help subsidize affordable projects in Newark
The City of Newark along with Mayor Ras Baraka issued a request for proposals (RFP) on Monday seeking developers to provide affordable housing subsidized by Federal HOME funds.
18Nov
In Wake of Tougher Rent Control, New York Landlords Scout New Jersey for Deals
The construction of a $2.7 billion airline terminal at Newark Liberty International Airport, touted as a potential economic boon to the region, reached landmark stage with the final exterior steel beam placed atop its frame.
30Oct
Newark Airport Upgrade Starts to Take Shape
The construction of a $2.7 billion airline terminal at Newark Liberty International Airport, touted as a potential economic boon to the region, reached landmark stage with the final exterior steel beam placed atop its frame.
15Sep
Major New York Apartment Landlord Buys North Jersey Portfolio for $173 Million
One of New York City's biggest apartment landlords has acquired a portfolio of three multifamily properties with roughly 1,100 units in Essex County, New Jersey, for $173.3 million.
12Sep
New Brunswick PAC, ‘the best example of what redevelopment can do,’ opens its doors
The long-awaited New Brunswick Performing Arts Center has opened its doors, marking the debut of a $172 million, mixed-use project that is poised to transform the city’s acclaimed arts district.
12Sep
New Jersey’s ‘Dream’ Mall: 40 Million People and a Traffic Nightmare
With tens of millions of expected visitors, New Jersey has no plans for a shuttle to The American Dream complex when it opens.
12Sep
Study Finds Jersey City Will Add as Many Apartments as Manhattan in 2019
A new study says Jersey City will deliver as many new apartments as Manhattan this year. Photo by Darrell Simmons/Jersey Digs.
08Sep
How Big Is Property Demand in This City? Developer Pays $67 Million for Parking Lot Site
Mack-Cali Plans Apartment Project on 1.4 Acres Near Hudson River Waterfront
27Aug
Newark, New Jersey, Hopes Hosting MTV Awards Boosts Redevelopment Prospects
Officials Look to Exposure of First-Time Venue Prudential Center to Spark Interest
27Aug
Will Multistory Warehouses Catch On? In NYC And A Handful Of Markets, Maybe.
New Jersey-based Minno & Wasko Architects and Planners has released a rendering for the recently approved 61-story mixed-use tower at 900 Broad Street in Newark. The high-rise will have 552 residential units, three levels of amenities, and a sky lounge.
27Aug
Renderings Revealed as 61-Story Tower at 900 Broad Street Approved, in Newark
New Jersey-based Minno & Wasko Architects and Planners has released a rendering for the recently approved 61-story mixed-use tower at 900 Broad Street in Newark. The high-rise will have 552 residential units, three levels of amenities, and a sky lounge.
22Mar
JBG Smith Plans To Break Ground On 2M SF Piece Of HQ2 Within The Next Year
JBG Smith, in its first quarterly earnings report since landing HQ2 in November, told investors it plans to break ground within the next 12 months on the first 2M SF of Amazon's planned 4M SF campus.
22Mar
TF Cornerstone Picks Up Two Pacific Park Sites for $143M
As published on Commercial Observer TF Cornerstone has closed on its purchase of two parcels at the Pacific Park project (formerly Atlantic Yards) in Brooklyn for $143.1 million, Commercial Observer has learned. The developer acquired two adjacent parcels at 615 and 595 Dean Street from Greenland Forest City Partners, a joint...
22Mar
With opportunities scarce, deal volume slows for New Jersey industrial sales
As published by Joshua Burd on Real Estate NJ The struggle continues for investors looking to buy industrial properties in New Jersey, where prices remain high but sales volume remains low compared to other major markets. A new report by Avison Young found that, through mid-February, industrial sales volume in northern...
27Feb
Riverfront Square will stitch Newark, New Jersey’s tech corridor together
Could Newark, New Jersey, be the Northeast’s next big tech hub? It already boasts the region’s most advanced fiber-optic network and serves as home to digital giants like Audible.com, an Amazon company. No wonder it was a top contender for HQ2. Though it didn’t win the bid, one major...
11Feb
LTL carrier New England Motor Freight to shut down after filing for bankruptcy protection
Less-than-truckload (LTL) carrier New England Motor Freight, Inc. (NEMF) stunned the transportation world late today by filing for bankruptcy protection and saying it would go out of business.
28Dec
NY-NJ lays ground for 18,000-TEU ships
Having seen regular calls from 14,000-TEU ships for roughly 14 months, the Port of New York and New Jersey is preparing for 18,000-TEU vessels.
15Oct
Multi-Towered Mega-Project Revealed At 960 Franklin Avenue In Crown Heights, Brooklyn
Recent proposals to the New York City Department of City Planning could facilitate the construction of a 1.4 million square foot, mixed-use project in Crown Heights, Brooklyn. If approved, the massive plan could yield one of the community’s largest-ever developments.