Transactions

An environmental cleanup has begun at the Crescent Park site in Jersey City where over 2,000 units are planned.

A court ruling allows Hudson Regional Hospital to acquire the property that hosts the medical center and the company is also hoping to strike a deal to purchase the operation rights at the building.

Livingston-based Tuli Realty has purchased almost 500 apartments throughout NJ including the Golden Peak Portfolio from Dixon Advisory for $65 million.

A Clifton-based company purchased the parcel last year but has allegedly not performed a required an environmental cleanup at the land, which has contaminated groundwater and soil according to state officials.

The daytime talk show host had initially listed the 8,200-square foot home last year and just finalized the property’s $1.475 million sale earlier this month.

Extell Development has sold their ownership stake in the luxury development that the companies jointly built on previously vacant beachfront property.

Clifton-based Titanium Capital Partners recently purchased an 85-unit portfolio that consists of multi-family buildings in Ridgefield Park, Leonia, and Cliffside Park.

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.

The Coe Mansion, which was the subject of an adaptive reuse development proposal last year, now has a new owner.

Caesars Entertainment has sold the Boardwalk-fronted property to a Rhode Island-based company.