Sign In
Free Newsletter
Advance bringing 1M-SF life sciences campus to Bridgewater
The Continuum project will emphasize advanced manufacturing and logistics, too, to establish an end-to-end innovation ecosystem in Somerset County featuring amenities, retail space and more.
Perth Amboy approves Kushner’s $200M Sea Gate redevelopment
City officials approved Kushner Cos.’ plan, which will add 602 apartments and other improvements to a former waterfront brownfield along the Arthur Kill.
Upgrades, new construction attract industrial leases in NJ
Deals with major footprints from Cushman & Wakefield, Lee & Associates and Bussel Realty underscore the local appetite for accessible spaces made for present-day tenants.
JLL secures $38M refi for 200-unit Helmetta adaptive-reuse
The historic adaptive-reuse project from Kaplan Cos. boasts strong occupancy, a central location and a 22-year PILOT agreement with the township.
Landmark affordable housing legislation heads to Murphy’s desk
The bill package aims to increase supply while also streamlining the process. It comes in anticipation of the next round of municipal affordable housing obligations, which begins July 1, 2025.
It’s a go: One Westfield Place redevelopment gets council approval
According to the mayor, the project will deliver $400 million in private investment to the downtown, allowing for $54 million in public improvements and providing $214 million in PILOT revenue over 30 years “to stabilize and potentially lower taxes over the long term.”
East Rutherford sues American Dream over PILOT payments
According to the complaint, the Meadowlands megamall has failed to deliver on about $7.5 million owed to the borough.
Murphy signs controversial casino tax break package
Less than 24 hours after it landed on his desk, Gov. Phil Murphy approved legislation to reduce payments in lieu of taxes that the state's nine gambling halls make to Atlantic City, the local school district and the county.
Assembly panel approves casino tax breaks ahead of holiday
Proponents argue that the legislation is necessary to prevent several gaming halls from closing.
