“It was a long process," Fair Lawn planning board member Gail Friedberg Rottenstrich told NJBIZ. "We had eight long hearings on this. ... I know not everyone is happy, but I know that the planning board, which is made up of residents of Fair Lawn, did its best to make the application the best that it could be."
Once the site of New Jersey's first municipality, and before that utilized by the Lenni Lenape, work has begun to activate the the intersection of Bergen Avenue and Academy Street for public use.
With immediate access to the New Jersey Turnpike, the nearly 500,000-square-foot development from NRS is roughly 3 miles from the Lincoln Tunnel with unparalleled access for prospective tenants.
As a condition of receiving separation pay, the company required its outgoing employees to sign an agreement certifying the individual had not filed a complaint against the company with any federal agency, according to an order from the Security and Exchange Commission.
A medical office building traded for more than $4 million, while a tenant renewed its headquarters space at Continental Plaza in Hackensack.
“This is the kind of project that helps realize the dreams of residents to remain in the city they love and improve their quality of life," said Mayor Ras Baraka.
Maharaja Hypermarket recently signed on to lease a 3,500-square-foot retail space at Crossroads 389, a five-story apartment building on Main Street.
"So when you look forward three, four, or five years, this will be the heart of the city again from a culture standpoint, from a nightlife standpoint, from a livability standpoint, and it takes partners to make that a reality," Mayor Steven Fulop remarked recently at a groundbreaking for the Journal Square project from Panepinto Properties and AJD Construction.
The Woodbridge firm and JV partner Capstone Realty Group USA have added this 96%-occupied site, which includes a 45,000-square-foot parcel ready for development.
Within three months of joining the global commercial real estate and investment management company, freshmen employees enter a 13-week immersive development program to get them started in their career.
Founded by Jeff Monge and Gina Nisbeth, the nonprofit was launched in 2021 with a focus specifically on Black and Latinx communities, at a time when financial support for CDF was reaching unprecedented heights.
“Buying an industrial park of this size in prime infill New Jersey – particularly in Bergen County – is incredibly rare," stated Sitex Principal Blake Chroman. "Over the past decade, we built a relationship with the sellers and always hoped that we would own it someday."