Real Estate

Feb 13, 2012

EDA issues 1st transit hub certificate

The origin of what has become a key milestone for the state’s Economic Development Authority came in July 2009, when the Urban Transit Hub tax credit program was amended to include sites serviced by freight rail.

Feb 9, 2012

Beit credits EDA, Urban Transit Hub incentive at Newark groundbreaking

There was no shortage of accolades for developer Ron Beit at a groundbreaking ceremony held today for the mixed-use Teachers Village project, in Newark. But only one of the compliments involved comparisons to both sled racing and a musical icon.

Feb 8, 2012

Residential developers aim for piece of proposed 1B Urban Transit Hub expansion

Residential real estate developers are playing a key role behind the push to pump another $1 billion in incentives into the Urban Transit Hub tax credit program, according to people familiar with the process.

Feb 7, 2012

Pearson signs lease on future headquarters in Hoboken

Pearson Education on Tuesday formally committed to keeping 900 jobs from leaving New Jersey, as the textbook publisher held a ceremony to sign a lease at its future new headquarters in downtown Hoboken.

Jonathan Glick, New Jersey vice president, TriState Realtors Commercial Alliance, and executive vice president, Sheldon Gross Realty Inc.
Feb 7, 2012

New school launches for continuing real estate education

A new real estate school will open this month to help real estate professionals meet new state licensing requirements.

Feb 7, 2012

EDA Headquarters relocation never became a food fight with N.Y.

Published reports that Fresh Direct turned down a $100 million offer from the Economic Development Authority to move its operations to New Jersey are incorrect, according to an EDA spokeswoman, who said the agency hadn't decided whether to approve tax credits for the online grocer.

Feb 6, 2012

Back to school for bill pushing partnerships

A program that allows public colleges in New Jersey to pursue private developments on campus would be extended for 18 months under a bill advancing in the Legislature.

Feb 6, 2012

Urban renewal more than bricks, mortar

John Schreiber has only known Al Koeppe for seven months, but it hasn't taken him long to learn what many New Jersey business and political leaders have known for decades.

Feb 3, 2012

Stakeholders Master plan will benefit Atlantic City businesses beyond casinos

Local business officials and advocates hope a new plan to transform Atlantic City's tourism district can breathe new life into local industry and nongaming businesses in the resort city.


Feb 2, 2012

Realogy breaks ground on new Madison headquarters

Gov. Chris Christie and Lt. Gov. Kim Guadagno were on hand Wednesday to help Realogy Corp. officials break ground at the company's new corporate headquarters in Madison, a move that retains 950 jobs in New Jersey.

Feb 1, 2012

N.J. office, industrial market vacancies expected to fall, but lag behind national pace

Vacancy rates in New Jersey’s office and industrial real estate markets are expected to fall this year, but the pace will be slow as the state’s employment growth lags behind the national pace, executives with Cushman & Wakefield said Wednesday.

Jan 30, 2012

Watson again taps EDA for global RD center in North Brunswick

Citing a positive experience when relocating its headquarters to Parsippany, Watson Pharmaceuticals Inc. announced Monday the company will open a new global research and development center in North Brunswick with […]