Montclair Enacts New Rent Control Ordinance
Despite some pushback, the town’s council passed a rent control law that will limit annual increases on apartment leases to 4.25% and 2.5% for seniors.
Newark Accepting Public Comment Regarding Plan to Spend $3.5M of CARES Act Funds
The City of Newark could spend more than $3.5 million of funding that it has received through the CARES Act on rental assistance, microenterprise assistance, and "special economic development activities."
Glen Ridge Luxury Rental Community Achieves Lease Up Milestone
Clarus Glen Ridge, a luxury rental community, has achieved a 100% lease up milestone in less than six months.
It’s Not Just Single-Family Demand Surging, COVID-Flight Drove Record Interest to These N.J. Communities
Most headlines about the COVID migration have focused on city-dwellers ditching apartments for single-family homes. However, there’s also been a surge in activity at lower-density, commuter-friendly communities.
Sparrow Management Picked as Property Manager for Hackensack’s Crossroads 389
Crossroads 389, an apartment building in Hackensack, has selected Sparrow Management to oversee operations.
300-Unit Transit-Oriented Rental Community Breaks Ground in Woodbridge
Located in Woodbridge, the new six-story community will offer direct transit access and over 23,000 square feet of amenities.
Developers Set ‘Shaq Tower’ Opening for Mid-June
Shaquille O’Neal and New Brunswick-based developer Boraie Development have set an opening date for their Shaq Tower project at One Rector Street in Newark.
New Jersey’s Decade of Development Has Created High-End Apartments, Wealthier Renters
A recent study of housing trends during the 2010s shows renter populations increased dramatically throughout the Garden State, especially among well-heeled residents.
36-Unit Multifamily Property in Union County Changes Hands for $6.6 Million
The New Jersey complex features 32 one-bedroom and 4 two-bedroom units with landscaped grounds and resident amenities.
Urby Continues New Jersey Expansion with 345-Unit Hoboken Groundbreaking
Urby has started work on its newest New Jersey location, with a 16-story Hoboken tower promising new homes and community spaces.
