Revamped legislation to extend and expand approvals for real estate projects in New Jersey is getting the thumbs-up from some local developers.

Three New Jersey hotel properties are being auctioned off this week as part of a $200 million real estate online auction.

Small-business owners in Newark will soon have more affordable office space available, as the Institute For Entrepreneurial Leadership on Friday signed a lease for 9,000 square feet of Class A space at 550 Broad St. for entrepreneurs use as low-cost space.

A chief rabbi associated with Solomon Dwek was sentenced today to two years of probation for operating an illegal money remitting business, according to the U.S. Attorney's office.

There were 1,861 foreclosure sales in New Jersey during the first quarter of 2011, representing 15.6 percent of all home sales in the state, according to a report from Irvine, Calif.-based RealtyTrac, which tracks and sells foreclosure information. The number of New Jersey foreclosure sales was down 47.6 percent from the first quarter of 2010, ...

Fewer employers are changing their relocation policies, and more are looking to fine-tune their benefits programs to adapt to the changing real estate landscape, according to a new survey. Weichert Relocation Resources Inc. on Tuesday released its 2011 “Mobility and the Current Real Estate Market” survey, with results based on responses from 200 U.S.-based relocation ...

The retail space vacancy rate has increased to 9.3 percent along the major highway shopping corridors of northern and central New Jersey, from 8.9 percent in 2010 and 7.8 percent in 2009, according to an annual survey by R.J. Brunelli & Co. that predicted vacancy rates will start to decline, and rents increase, in 2012. ...

Red Bank-based K. Hovnanian Homes said it plans to open its newest for-sale development, Four Seasons at Sterling Pointe, in Franklin Township later this spring. The age-restricted community will encompass just 80 homes — atypical for Four Seasons developments, which can have as many as 1,000 homes, according to K. Hovnanian, a division of Hovnanian ...

In one sign of a strengthening office market, tenants that signed short-term leases during the recession are now committing to longer-term deals, one landlord said. “More and more tenants are willing to commit to longer-term leases as the economy continues to improve,” said Matthew Malatich, assistant director of leasing at Hilton Realty, a Princeton-based real ...

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