Real Estate News

Employees at a cannabis dispensary in North Brunswick are the latest group of workers in New Jersey’s legalized industry to unionize. According to the United Food and Commercial Workers Local 360, staffers at NJ Leaf recently voted to organize as members of the union, which represents cannabis industry workers in dispensaries, [...]

New Jersey’s 2025 gubernatorial election shattered spending records. Candidates and independent political groups poured more than $259 million into the primary and general elections, according to a Dec. 22 analysis by the New Jersey Election Law Enforcement Commission. In inflation-adjusted terms, the contest ranked as the sixth most expensive gubernatorial election [...]

The stage is set for a major Christmas Eve Powerball drawing, with the jackpot now at a whopping $1.7 billion. After no player matched all five white balls and the Powerball in the Dec. 22 drawing, the jackpot again increased. It now ranks as the fourth largest in Powerball history and [...]

The basics: FDA approves once-daily oral version of Novo Nordisk‘s Wegovy for weight loss Pill is the first oral GLP-1 obesity drug to reach the US market Phase 3 trial showed up to 16.6% weight loss over 64 weeks Starting doses priced at $149 per month, with domestic launch planned for early 2026 The U.S. [...]

The basics: Exchange Place Alliance funded restoration of Jersey City Police Memorial and three other downtown statues Police Memorial dates to 1936 and had never been conserved More than 600 hours of conservation work completed by regional experts Investment supports placemaking, public art and long-term district value The dedication for the 7-foot-tall Jersey City Police [...]

The basics: Nearly 2.8M NJ residents expected to travel 50+ miles for holidays Car travel dominates, with 2.5M New Jerseyans driving Air travel, bus, train, cruise trips see year-over-year gains Airports, bridges and tunnels brace for record holiday volumes As the holiday travel season gets into full swing, AAA projects that almost 2.8 million New [...]

Shionogi & Co. Ltd. plans to acquire a newly formed Jersey City pharmaceutical company for $2.5 billion, the Japan-based firm announced Dec. 22.  Also headquartered in Japan, Tanabe Pharma Corp. will create Tanabe Pharma America Inc. in New Jersey. The new entity will hold the rights to amyotrophic lateral sclerosis treatments Radicava ORS (edaravone) and IV Radicava.  The deal [...]

Jersey City-based Goya Foods is doing its part to inspire the next generation. The consumer packaged goods giant said in December it will award $20,000 to students as part of a signature scholarship program. Awards will go to learners who plan to pursue an undergraduate degree in either culinary arts or [...]

The basics: Choose New Jersey leads 14 international economic missions under Gov. Murphy Generated 81 agreements with foreign governments, universities & businesses Attracted $13.6 billion in foreign direct investment, created over 27,000 jobs NJ BASE launch works to help international firms enter US market, support long-term job growth As Gov. Phil Murphy’s second and final term [...]

The basics: Mandelbaum Barrett adds all 24 employees from Greenwich-based Ivey, Barnum & O’Mara Expansion establishes firm’s first Connecticut presence Strengthens capabilities in real estate, trusts and estates, litigation, franchise law Mandelbaum Barrett PC continues to expand its team and footprint, following the addition of attorneys and staff from Ivey, Barnum & O’Mara LLC. The [...]