Kunal Chothani brings with him experience acquiring $1.3 billion in multifamily properties.

The New Jersey Department of Labor and Workforce Development said the state’s unemployment rate was 10.2% in November 2020, but fell the next month, mainly “due to New Jersey residents leaving the labor force, rather than finding employment."

Jersey City will be home to a new pizzeria in the spring. As part of a 2018 deal signed with franchisees Premal and Leela Shanghvi, this is the second of five franchised stores to open in the state.

Asbury Park Solar company will provide critical cost-savings to the city school district at no cost for the entire term of the agreement. This will result in a critical cost savings of more than $120,000 a year.

The Kuser Industrial Center, currently under construction, was purchased by Cohen Asset Management Inc. for $29.6 million. It benefits from superior highway access and an abundantly available labor pool in a location equidistant from Port Newark, Port Elizabeth and the Port of Philadelphia and expected to deliver in February 2021.

AmeriHealth and Nano-Ditech Corp. each signed three-year agreements signaling continued demand for open-space suburban offices in the Mid-Atlantic region.

A January survey by the Heldrich Center for Workforce Development at Rutgers University found that many establishments need additional support from the state and federal governments, including financing and technical assistance.

The funds will be used for the completion of Phase I which includes 205 residential apartments, a resident lounge, on-site leasing office, rooftop terrace, fitness center, 215 parking spaces and 7,670 square feet of retail space. It will also be used for the predevelopment of Phase II of the project.

The Princeton-based medical technology company completed its previously announced $300 million acquisition which will allow it to advance wound care innovations.

Trenton-based EFK Group and Winning Strategies Public Relations (WSPR), based in Newark have joined forces creating a single powerhouse agency able to provide a “one-stop” agency experience for existing and future clients.