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‘Much more sophisticated feel’ promised for American Dream
Canadian conglomerate Triple Five owns and operates the two largest malls in North America — the West Edmonton Mall in Canada and the Mall of America in Minneapolis — but the company is now seeking to outdo its previous efforts by building what would be the largest shopping center in the world, the American Dream […]
Triple Five American Dream will be ‘major tourism destination’
As American Dream Meadowlands, the project formerly known as Xanadu will not only be one of the largest entertainment and retail complexes in North America, but also a major tourism destination, its new redeveloper announced Tuesday. “This will be a tourism project in a major way,” said Nader Ghermezian, chairman of Triple Five at a […]
N.J. lacks enough affordable rental housing, study finds
New Jersey has a severe shortage of affordable rental housing, according to Out of Reach 2011, a national study released Monday that found an estimated 61 percent of New Jerseyans can’t afford to rent a two-bedroom unit. A household needs to earn $24.54 an hour to cover rent and utilities for the average two-bedroom unit […]
Boston Properties OKs sale of major Princeton portfolio
The portfolio — which encompasses 16 office properties and a day-care center totaling more than 2 million square feet — accounts for most of the office assets on the 560-acre mixed-use Carnegie Center campus, according to the Boston-based real estate investment trust; three other office buildings totaling 350,000 square feet are owned by others, including […]
Broker Stronger North Jersey industrial market boosts 8A, 7A submarkets
Series of five deals help fill Parsippany office building
Deals and Moves April 21
Denholtz reports 71 N.J. lease signings in first quarter
Expert Report indicating fall in N.J. foreclosures ‘out of pattern with what we’ve been seeing’
Christie ally becomes Sports Authority board chair as deadline on racetrack nears
Gov. Chris Christie now has an ally heading the New Jersey Sports and Exposition Authority, as former U.S. Rep. Michael Ferguson joined the agency board for his first meeting as chairman Thursday.
Gural ‘nervous’ over racetrack vote as deadline looms
Jersey City buildings’ sale sets N.J. commercial real estate record
