KABR Group Sells The Fairmount at McGinley Square in Jersey City
The company finalized a $23.75 million deal to transfer the 58-unit mixed-use property to a New York-based holding company, but has retained the rights for the undeveloped second phase slated for a lot across the street.
Jersey City Approves Mixed-Use Project at 668 Communipaw Avenue
The city’s zoning board green lit a plan to demolish a one-story warehouse and replace it with a 19-unit project that includes two ground floor storefronts.
New Details Revealed About 10-Story Development Plan for Newark’s 31 Central Site
A building at the corner of Halsey Street and Central Avenue in Downtown Newark that previously contained the 31 Central art studios is expected to be replaced with a 10-story development. Now, new information about the proposed project involving L+M Development Partners and Prudential Financial has been released.
Citing COVID-19, Guttenberg Could Adjust Tax Exemption Rules
North Bergen is not the only Hudson County municipality looking to expand tax exemptions for developers. Guttenberg wants to once again reduce the size that a project would need to be in order to qualify for a five-year exemption.
Manhattan Building Company Planning Downsized Bates Lofts in Jersey City
A developer that was once hoping to build a four-tower project with over 2,300 units is working on a proposal for several properties along Downtown’s fringe, albeit at a much smaller scale.
Newark’s Metropolitan Building Could Be Expanded Into 18-Story Development
A firm associated with the Hanini Group applied to turn a longstanding three-story Newark building into an 18-story development with 167 residential units and retail space.
Jersey City’s HAP Tower Getting Redesigned, Adding Park and Community Center
A 42-story proposal is being reshaped following a court settlement, which paves the way for almost an acre of public amenities at 500 Summit Avenue.
Newark to Hold Virtual Community Meeting About 660-Unit Pabst Site Project
After Jersey Digs broke the story about a proposed 660-unit development at the old Pabst Blue Ribbon site, Newark officials are planning to hold a Facebook Live event to explain the project to the community.
40-Unit Mixed-Use Development Proposed Near Morristown’s Vail Mansion
Anyone who has visited Morristown over the last decade knows that the Morris County seat has seen a massive increase in development. Now, a new project could bring additional residential units and retail space to the downtown area.
Russo Proposes 201-Unit Project Opposite Orange Train Station
The developers behind the Vermella projects previously announced plans for a 209-unit development by Orange’s main rail station in Essex County. Now, the company is planning another building with more than 200 units near the station.
