Real Estate News

The basics: BMS enters up to $15.2B partnership with China’s Hengrui Pharma Deal includes 13 early-stage oncology, hematology, immunology programs BMS pays $600M upfront plus milestone-based payments over time Companies split global rights across markets, will co-develop select assets Bristol Myers Squibb has struck a broad partnership with one of China’s biggest drugmakers that could [...]

The basics: Sherrill unveils NJ Transit Rapid Action Plan to improve rider experience Agency also launches redesigned mobile app Roadmap targets safety, cleanliness, accessibility, technology GPS-based real-time train tracking system in development Gov. Mikie Sherrill unveiled NJ Transit’s long-awaited Rapid Action Plan May 12. The sweeping roadmap aims to deliver near-term improvements to the rider [...]

The basics: Flag Cities adds Bayonne, Paterson to NJ World Cup fan festival lineup Series expansion supported by $1.3M New Jersey World Cup grant Village People, Soulja Boy headline early entertainment announcements Events will feature match broadcasts, food vendors, beer gardens, cultural activations Goya Presents Flag Cities, in partnership with Hackensack Meridian Health, is expanding [...]

New Jersey City University’s faculty union has established a new $25,000 scholarship fund. The award will support students on the school’s Jersey City campus, as the institution prepares for its merger with Kean University this summer to form Kean Jersey City. AFT Local 1839 funds the scholarship announced May 1 through [...]

The basics: NJBPU launched a major review of New Jersey utility regulation Study will examine performance-based ratemaking and multiyear rate plans Officials aim to improve affordability, reliability, utility accountability Review could reshape how electric utilities earn revenue, set rates The New Jersey Board of Public Utilities formally launched what officials described as one of the [...]

The basics: Paul Urbish nominated to lead New Jersey Alcoholic Beverage Control Urbish currently serves as director at NJ Cannabis Regulatory Commission ABC oversees alcohol manufacturing, distribution, sales statewide Nomination comes after major changes to New Jersey liquor license laws Paul Thomas Urbish has been tapped as director of the New Jersey Division of Alcoholic [...]

The basics: 2025 federal and NJ laws expand Qualified Small Business Stock (QSBS) tax benefits Capital gains exclusion increased up to $15M or 10x basis depending on structure NJ exemption applies to QSBS sales on or after Jan. 1, 2026 Expanded eligibility and shorter holding periods improve investor planning flexibility Two laws enacted in 2025 – one [...]

Burlington is getting ready to unveil two new stores in New Jersey. The South Jersey-based off-price retailer plans upcoming grand openings in: Jersey City – Hudson Mall May 22 Watchung – Blue Star Shopping Center May 29 Formerly known as Burlington Coat Factory, the chain sells branded apparel, footwear, accessories and home goods at [...]

The basics: NJIT launches public World Cup platform for fans visiting NY/NJ region Site includes transit updates, dining recommendations, event listings CGI employees mentor students on AI tools, user experience design Platform supports activity surrounding 2026 FIFA World Cup matches at MetLife Stadium New Jersey Institute of Technology is expanding its World Cup-related technology efforts. [...]

RWJBarnabas Health Medical Group recently relocated several practices into a redesigned medical suite at Robert Wood Johnson University Hospital Rahway.  Now located on the second floor of the hospital at 865 Stone St. are:  Cardiology care: Including advanced diagnostic testing, cardiac rehabilitation and emergency angioplasty For appointments: 833-634-3278 Surgical and specialty care: Surgery for a range of conditions, including bariatric procedures For appointments: 732-499-6400 Pulmonary care: Including diagnosis and treatment of [...]