Real Estate News

The basics: NJ Transit, Horizon propose 1,000 apartments and new HQ in Newark JLL, CBRE soliciting developer interest for the 3-acre site Plans include a 250,000-SF class A office tower for Horizon Project aligns with NJ Transit’s LAND Plan to boost long-term revenue NJ Transit and Horizon Blue Cross Blue Shield of New Jersey are [...]

The basics: Gov.-elect Sherrill appoints Kellie Doucette as New Jersey’s first COO Doucette will oversee day-to-day state operations, modernization efforts New bipartisan Local Government Advisory Group formed to support the transition Gov.-elect Mikie Sherrill continues to ramp up the shaping of her administration with several notable announcements Dec. 2. Sherrill revealed that Kellie Doucette will [...]

As you prepare to lock in your 2026 marketing budget, one thing is clear: the landscape is changing too quickly to rely on last year’s playbook. Evolving trade policies, rapid advancements in AI, shifting buyer expectations, and fluctuating market conditions mean that what worked before may not work in 2026. [...]

The basics: NY gaming board selects 3 downstate casinos: Bally’s Bronx, Hard Rock Queens, Resorts World NYC Combined projected revenue could reach $5.5B by 2033 Atlantic City officials warn of potential 20%–30% revenue loss, increased competition Experts call for New Jersey casino expansion, urban redevelopment to remain competitive A long-anticipated threat to the New Jersey [...]

The former home of the C.F. Mueller Pasta Company at 180 Baldwin Avenue took a recent step towards redevelopment under a new plan. Image courtesy City of Jersey City. A new proposal to revitalize a massive property that has been vacant for almost a decade recently took a step forward as [...]

The basics: 87% of mass affluent adults confident in covering essential retirement costs, Prudential survey finds Fewer than one-third have a written retirement plan, factoring in inflation, health care & withdrawals Those with advisors more likely to cover non-essential expenses, use annuities for lifetime income Technology, mobile tools could boost engagement, especially among Millennials [...]

After welcoming a new chief executive officer over the summer, Ascendia Bank has now named a new CFO. Len Kulesa will oversee financial performance and operational excellence as chief financial officer, according to a Dec. 1 announcement from the Glen Rock-based financial institution. He will work closely with recently appointed CEO [...]

The basics: US–UK deal raises United Kingdom payments for innovative medicines by 25% VPAG repayment rates fall to 15% starting in 2026 US grants tariff exemptions, limits future pricing actions NJ life sciences leaders say the agreement supports innovation and investment The United States and the United Kingdom reached an agreement in principle on pharmaceutical [...]

The basics: 13,500+ adult learners re-enrolled through statewide initiative Institutions have recaptured nearly $74 million in tuition, projected to rise to $183 million Graduates expected to contribute $128 million in economic activity in their first year An initiative to re-engage and re-enroll adult learners in New Jersey continues to yield remarkable results. NJBIZ has previously [...]

As a significant winter storm gets set to blanket New Jersey, Gov. Phil Murphy declared a state of emergency for part of the state. Effective at 5 a.m. Dec. 2, the state of emergency covers the five counties of: Hunterdon Morris Passaic Sussex Warren Forecasters are calling for hazardous weather conditions, with heavy snow (up to 6 [...]