$200 Million Financing Secured for 34-Story Homestead Gateway Tower in Jersey City’s Journal Square
A $200 million structured capitalization commitment has been secured for the Jersey City tower, which will include 360 residences, 90 affordable units, and ground floor retail along an expanded pedestrian plaza.
1,000-Unit Complex Could Come to 1 Penn Plaza in Newark
NJ Transit and Horizon Blue Cross Blue Shield are jointly exploring a redevelopment plan with up to 1,000 residential units along Newark’s riverfront.
Jersey City Moves Forward with Six Tower, 2,000-Unit Plan on Baldwin Avenue
Preliminary approval was recently obtained for a six-tower plan in Jersey City that includes a new pedestrian plaza and retail.
Two Athletic Fields to Become Princeton’s 225,000-Square-Foot New Quantum Institute
Princeton University has secured conditional site plan approval for its 225,000-square-foot Quantum Institute, which will replace two athletic fields.
Ground Broken on 216-Unit Development with Affordable Units and Retail Space in Ridgefield Park
One of Bergen County’s largest corporate centers will be welcoming a new multi-family residential complex that includes new retail space and affordable housing.
East Orange’s The Crossings at Brick Church Nabs $297 Million Tax Credit
A major revitalization effort underway near a transit hub in East Orange has just been awarded a sizable state incentive.
Newark Council Signs Off on Tax Incentive for Mixed-Use Project at Former Hotel Site...
Newark has approved a 30-year tax incentive for a 56-unit mixed-use building rising on Broad Street, replacing a lot left vacant since a 2009 fire destroyed the former Elberon Hotel.
Penn Medicine Begins Construction Begins on $401 Million Princeton Cancer Center
Penn Medicine has begun construction on a 200,000-square-foot cancer treatment center in Plainsboro, marking the system’s largest expansion since 2012.
Newark’s St. Michael’s Redevelopment Nabs $12 Million Tax Credit
Construction at the long-stalled Newark adaptive reuse project that will convert a former hospital into a mixed-use building is slated to restart next year.
With Tax Credit in Hand, Will Long Delayed Hoboken Hilton Finally Break Ground?
A Hoboken hotel development that has been stalled for almost a decade was recently awarded a tax credit that will hopefully cause construction to finally begin.
