Real Estate

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Jun 3, 2022

$2M pledge sets up permanent endowed director for Monmouth’s Kislak institute

COO Jason Pucci announced the commitment, which honors the legacy of the late Jay Kislak — who first earned his real estate license as a high school student and served as chairman of the Kislak Organization until his death in 2018 when he was 96 — at the center's annual Leadership Excellence Award Dinner June 2.

Crystal DeNatale, Hylan CFO
Jun 3, 2022

DeNatale returns to Hylan as CFO

Bringing three decades of finance experience to the role, Crystal DeNatale previously worked for the Holmdel-based company from 1994 through 2004 as controller and chief financial officer.

Karen Cusmano, Veris senior vice president and head of sustainability and ESG
Jun 2, 2022

Veris Residential introduces head of sustainability and ESG

The appointment of company veteran Karen Cusmano to the new position was accompanied by the release of the Jersey City-based REIT's 2021 Environmental, Social, and Governance report, which highlighted an 18% decrease in energy consumption by the company from 2019 levels.

The Atlantic City Housing Authority Board of Commissioners - including Vice Chair Dr. La’Quetta Small, Treasurer Stephanie Marshall, Assistant Treasurer Eli Gbayee, Commissioner Jesse Kurtz, Commissioner Patricia Tweedle, Commissioner Mauro Sandoval and Commissioner Geoff Dorsey - joined Atlantic City Mayor Marty Small Sr., Assemblyman-elect Don Guardian, Assemblywoman-elect Claire Swift, Atlantic City Council members, the New Jersey Housing and Mortgage Finance Agency, The Michaels Organization, and neighborhood residents in officially launching reconstruction at Buzby Homes in Atlantic City on Dec. 10, 2021.
Jun 2, 2022

New apprenticeship program offers AC youth construction training

Announced by Atlantic City and The Michaels Organization, the initiative will include education and hands-on experience from redevelopment efforts taking place at one of the city's affordable housing communities, Buzby Homes.

Jun 2, 2022

NJBIZ Conversations: Jeremy Farrell

Lefrak's senior managing director for community and government affairs discusses the changing nature of office work and what it means for developers, building owners and cities.

Alfred Sanzari Enterprises debuted FLEX Powered by Glenpointe in 2022, a coworking space on the Teaneck live-work-play corporate campus.
Jun 2, 2022

Alfred Sanzari introduces FLEX workspace at Glenpointe in Teaneck

The coworking space offers members adaptable options in addition to access to the slew of amenities available across the 670,000-square-foot "live-work-stay" corporate campus.

Peter Matarazzo, CFO, Diversified Properties
Jun 2, 2022

Diversified Properties adds Matarazzo as CFO

Peter Matarazzo comes to the role from New York City-based developer Arete Management, where he served as chief financial officer and controller.

NAI Fennelly negotiated the $5.6 million sale of a four-building, 75,097-square-foot industrial complex at 292 3rd St. in Trenton.
Jun 1, 2022

Trenton industrial complex trades for $5.6M, NAI Fennelly says

The firm represented the seller of the four-building property, which previously served as a distribution center for Budweiser.

Jun 1, 2022

G.S. Wilcox arranges $19.4M financing for NJ investor

Partners Wesley Wilcox and Bridget Wilcox secured the funding from two of the Morristown-based firm's correspondent life insurance company lenders.

Rendering for the 206,000-square-foot, state-of-the-art modern industrial building that Crow Holdings Development plans to break ground on in the summer of 2022 on a former portion of Marcal Paper's footprint in Elmwood Park.
May 31, 2022

Marcal, Crow Holdings set summer start for new Elmwood Park industrial site (updated)

After construction is complete, operations at the facility are expected to amount to an estimated $28 million in annual economic activity to the state while supporting 240 full-time equivalent jobs.

WCRE exclusively represented Wharton Industrial Partners in the renewal of Fiserv leasing 31,350 square feet of premier office/flex space at the 2091 Springdale Road in Cherry Hill.
May 31, 2022

WCRE announces industrial lease deals

The firm handled a renewal for Fiserv and a new agreement near The Atlantic City Airport for another client.

First National Realty Partners, LLC (FNRP) announced the addition of The Shoppes at Grayhawk in Omaha, Nebraska, to its growing shopping center portfolio.
May 31, 2022

FNRP makes first acquisition in Nebraska

After most recently snatching up a shopping center in its home state of New Jersey, First National Realty Partners is again expanding its footprint across the U.S., entering the Nebraska market with its latest addition.