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Newark mixed-income 22 Fulton lands $250M financing package
Walker & Dunlop arranged the package for this 396-unit downtown project, also backed by LIHTCs, NJ Aspire tax credits and a 30-year PILOT.
NJ Transit, Horizon pitch 1K-unit mixed-use with HQ in Newark
JLL and CBRE are working on behalf of the owners to find developers for the project, which would introduce 1,000 apartments along with a new Class A headquarters for the insurer.
Homestead Gateway in Jersey City lands $200M financing
JLL arranged the package for the 34-story mixed income tower from Lions Group that will deliver 90 affordable homes within its total 360-unit count.
HELIX H-3 in New Brunswick secures $359M in tax credits
The latest Aspire Program incentives will advance the 42-story mixed-use tower, which will feature labs and office space, as well as market-rate, affordable and medical student housing.
NJEDA approves $93M in Aspire tax credits in Paterson, Secaucus
The clearance marks the first award for the former, while the latter also includes an inaugural OK for an industrial development under the program.
NJHMFA $500M tax credit aims to boost affordability, workforce development
The newly approved subsidy aims to drive private dollars toward projects to increase velocity and offerings in the segment.
Nokia Bell Labs HQ breaks ground at HELIX NJ in New Brunswick
Things are getting busier in New Brunswick, as SJP Properties starts construction on the 10-story, 370,000-square-foot tower that the innovative company will move to from Murray Hill.
Mixed-income Bayfront project breaks ground in Jersey City
The first phase of a more-than 8,000-unit waterfront redevelopment plan will add 210 apartments, 80% affordable and workforce housing.
HMH tops out $200M Metropark health & wellness hub (photos)
Since breaking ground a year ago, the one-stop, mixed-use project – which will also feature residential and retail space – expects to debut in fall 2025 in Woodbridge.
Nokia Bell Labs’ future HELIX HQ approved for $103M in Aspire tax credits
Officials celebrated the move as advancing the local innovation economy statewide, as well as for the anticipated benefits it will bring to New Brunswick.
Bayfront in Jersey City, along the Hackensack, secures up to $64M from Aspire
The credits will go toward a new residential offering at the massive mixed-use project, which will add more than 74 affordable apartments.
New law tweaks Aspire Program – here’s what’s different
Administered by the NJEDA, the program awards tax credits to developers for certain redevelopment projects.
