An improving jobs climate buoyed New Jersey’s fledgling economic recovery in the first half of 2013, though significant headwinds persist, ranging from a below-average housing market to long-term damage caused by Hurricane Sandy, according to a new report.Read More »
Edison-based Friendwell Group announced today it has purchased two hotels in transactions arranged by Connecticut-based Keystone Realty Capital. Financial terms were not disclosed.Read More »
Since being conceived nearly a decade ago, plans to redevelop a former lumber yard at the edge of downtown Red Bank have been threatened by litigation, the fall of the condominium market and the real estate downturn.Read More »
The Parsippany office of Colliers International Healthcare Services announced today it has arranged for the renewal of 89,000 square feet of space leased by Barnabas Health for its administrative functions in Oceanport. Terms of renewal were not disclosed.Read More »
The dispute stemmed from less than $900 in unpaid rent.
So when an Essex County judge ruled a landlord wasn't liable for a two-week power outage caused by Hurricane Sandy — and that the tenant had to pay the rent he had withheld — the owner of the Gardens at Maplewood apartment complex earned only a small financial victory.
Hartz Mountain Industries started to go west in 2011 when it acquired a high-rise apartment building in downtown Chicago.Read More »
The legal battle over a plan to redevelop a Hoboken industrial complex has reached its fourth courtroom in as many years, where a judge is now expected to rule on a zoning dispute in lieu of the Mile Square City's governing body.Read More »