New Jersey's new Economic Opportunity Act tax-incentive program is feeding hopes of mega-projects, micro-projects, raids on other states—and the rise of South Jersey
JERSEY CITY, NJ-A developer from Maryland plans a $165 million tower with both student and professional housing at McGinley Square as a joint venture with St. Peter's University.
BRICK, NJ- Plans have changed in the last year concerning M&M's proposed development of a 10-acre site here, but the mayor taking office Jan 1 is not going along with the change.
IRVINGTON, NJ-The Township has found developers to build a $160 million, 700-unit residential complex at the site of the former hospital on Chancellor Avenue here.
ENGLEWOOD CLIFFS, NJ-The two-year-old 100 Mile Fund provided about $50 million in private equity capital this year, and earned more than 16% in annualized returns, says founder Billy Procida.
CONSHOHOCKEN, PA-Newmark Grubb Knight Frank directors say demand will pick up office space in the suburban Philadelphia and southern New Jersey markets in 2014.
ATLANTIC CITY-Hard Rock International is reportedly in talks to acquire and renovate the Revel hotel/casino, and the Atlantic Club casino has a closing date of Jan. 13
EAST RUTHERFORD, NJ-The newly converted Hilton Meadowlands, formerly a Sheraton, has a new general manager and updated rooms and lobby in anticipation of the Super Bowl event to be held across the street.
PRINCETON, NJ-Locally-based Chambers Street Properties has made a warehouse purchase in France, in addition to recent industrial acquisitions in Germany,.