Urban Edge Properties to Buy Hudson Mall for $43.7 Million
Urban Edge Properties announced yesterday that it has entered into a $43.7 million contract to purchase Hudson Mall in Jersey City. The property, located on Route 440, spans 383,000 square feet and contains anchor tenants Marshalls, Toys "R" Us, Staples, and Old Navy.
Prominent Bayonne Mixed-Use Building Sells for $3.2 million
A private investor just plunked down $3.2 million for a 29,577 square foot mixed-use building in Bayonne known as Broadway Plaza. The 5-story building at the corner of Broadway and 22nd Street is comprised of office suites above ground floor retail.
In Rapidly Changing NoVia, Hoboken’s Largest Retail Space Seeks a Tenant with a Vision
In Hoboken’s north-west corner, a transformation is taking shape. The long industrial area is being reimagined as Hoboken’s go to destination. Collaborations between the City and developers are propelling projects in the area forward.
Jersey City Waterfront Office Tower Flipped for $101M
We’ve all seen the house flipping shows but how about office tower flipping? That’s precisely what happened with this Downtown Jersey City office building that was purchased in 2013 when it was badly damaged by Superstorm Sandy. After extensive renovations, the building has now been resold for a hefty profit.
Ernst & Young in Talks to Relocate Large Portion of Workforce to Hoboken Waterfront
Crain's New York reports that accounting firm Ernst & Young (now EY) is in negotiations to relocate a large portion of their Time Square office to Hoboken. Sources close to the company say the firm is eyeing 121 River Street in Hoboken.
Jersey City & Margules Properties: Perfect Together
NYC-based Margules Properties closed last week on yet another property in Jersey City, this one at 2800 Kennedy Boulevard, further adding to their already significant holdings in Journal Square.
Warren at Bay Hopes to Attract Premier Tech Companies to Jersey City
Back in February, we reported that the KABR Group and Kushner Companies had closed on the purchase of Warren at Bay. Now after a recent tour, we have a few more details on the vision for the project.
Trader Joe’s Long-Awaited Hoboken Store Greenlit By City Council
Hoboken City Council held a special meeting to review a modified plan for the long awaited Trader Joe’s coming to the Willow14 development at Willow Street and 14th Street.
Another Delay for ‘American Dream’ Complex
The saga of American Dream at Meadowlands took another unexpected turn last week when developer Triple Five announced that the project, hoped to be completed in Fall 2017, will now be delayed yet again over finance woes.
Greene Chutney Grill is Looking for a New Owner
It appears Greene Chutney Grill is up for sale. For those who haven’t been, it’s an Indian inspired fast casual restaurant. Think Chipotle but...
