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Real Estate

Retro Fitness and its frozen yogurt franchise get new VP

Lauletti, named vice president of real estate and development, is a 25 year real estate and business veteran. He was most recently the director of development for Popeye’s Louisiana Kitchen, where he led development efforts in the Eastern United States. He previously worked for the brands Sbarro, Boston Market, SuperValu and Friendly’s. The company said ...

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Commercial and industrial builders turn to multifamily to diversify holdings and improve profits

As it approached its fifth decade, the Carlstadt-based company turned to multifamily — acquiring a 9-acre industrial parcel in nearby Lyndhurst in 2008 that it would take through the painstaking, sometimes-complex process of redevelopment. That site today is home to 150 luxury apartments and a swanky clubhouse, plus another 150 units that will open in ...

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Sanzari plans 342,000-square-foot Teaneck office building

Sanzari is already approved for an eight-story building, but a representative of the company is asking the town council for additional space. The added space could result in a $1.7 million tax boom for the town, according to The Record. According to the report, Teaneck officials are encouraging a revenue boost through development instead of ...

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Vornado declares quarterly dividend

According to the announcement, the regular quarterly dividend of 73 cents per share will be payable on February 18, 2014 to common shareholders of record on January 27, 2014.PREVIOUSLY: Vornado records $130M net loss on Toy R Us holdings[Release] Like NJBIZ on Facebook: informed with free NJBIZ email newsletters >

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