As federal and state officials today announced $400,000 in federal funding to study an expansion of the Hudson-Bergen Light Rail, a New Jersey real estate executive said the potential for development around new train stations is limitless.
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Real Estate
Central Jersey continues to gain speed as industrial market has strong quarter
According to a new market report, the slow summer months of July through September brought 584,000 square feet of positive absorption as overall vacancy fell to 7.8 percent.
Read More »Economist says N.J. housing recovery will drag through 2020
Though the pace of sales activity in New Jersey’s residential real estate market has picked up dramatically over the past year, home prices across the state have barely nudged toward their prerecession levels.
Read More »Vornado sells two N.Y. malls to Calif. operator in 1.26 billion deal
Vornado is moving to reduce its presence in enclosed shopping malls, according to the Paramus company.
Read More »Flex space provider teams with NJSBDC clients in Bergen
In an effort to help hundreds of Bergen County small companies and microenterprises grow their businesses, flexible workspace provider Regus PLC has opened its doors throughout the area to the New Jersey Small Business Development Centers network.
Read More »Four decades later, a groundbreaking in George Washington Bridge’s shadow
The $500 million Modern will bring two glass towers to Fort Lee for a development that one insider says has perfect timing.
Read More »Tris Pharma signs major lease as it plans for manufacturing hires
While pharmaceutical companies continue to shutter facilities throughout central New Jersey, one firm has launched an aggressive effort to expand its footprint in the area.
Read More »Panelists say collaboration helps steer projects in uncertain market
As the economic recovery continues to drag, collaboration among different industries and government will be key to spurring new growth in New Jersey, a panel of business leaders said today at a Newark Regional Business Partnership event.
Read More »Panasonic breaks ground on Harrison tech complex
Groundbreaking occurs as developers plan residential, commercial components in town, and electronic giant moves ahead on office tower in downtown Newark.
Read More »Real estate services firm merges Helios Capital into its Rutherford operations
“I really like people that like to take risks,” Helios CEO says of why he sat down with NGKF to work out a deal.
Read More »J.H. Cohn completes merger with Reznick Group, creating 11th-largest U.S. accounting firm
Cohn CEO says Resnick’s expertise brings skill sets in new areas, like renewable energy, and a more in-depth real estate practice.
Read More »EDA raises transit hub credit cap on residential bids
Residential developers will be eligible to have as much as 35 percent of project costs covered by Urban Transit Hub tax credits, instead of a 20 percent limit that had previously been set for a competition for projects.
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