The Continuum of Care grant funding will be delivered to 630 local programs.

The buyer: a New York City-based real estate firm, with a growing life sciences portfolio.

The firm represented both tenants and landlords in a pair of logistics deals.

The private-public partnership will yield a new student residence hall with 416 beds.

The site of the former Elizabeth General Hospital will see two phases of construction, and renovations to an existing 540-space parking garage.

Senior Vice President Rebecca Ting and Vice President Julie Kronfeld will head the assignment for the 7-story building.

The firm's John Schilp represented the seller, Berardi Developers, in the exclusive transaction.

"It is now clear that the rot at Mack-Cali goes far deeper than any of us knew, and that more comprehensive action is required to protect shareholders’ investment," Bow Street LLC said in an open letter to shareholders.

This is the second successful acquisition the team has facilitated for the buyer in the past year. 

The Top 100 Insurance Agency's latest addition has been operating for more than 70 years.

The recent transactions bring the total number of locations in the Garden State to six.

Mayor Ras Baraka said the classification would give residents "greater control over development. Market forces already drive development in Newark," he said. "Transit Village designation gives us a greater say in prioritizing mixed-use and mixed-income growth downtown."