Real Estate News

Amid a planned repositioning, JLL Capital Markets arranged acquisition financing for a retail center property with frontage along Route 46 in Clifton. The global commercial real estate and investment management company announced the three-year, floating-rate $11.5 million loan Feb. 12. It arranged the financing through Fidelity Investments on behalf of an [...]

The basics: Amtrak shifts one track to new Portal North Bridge over Hackensack River NJ Transit schedules modified Feb. 15–March 15 Midtown Direct weekday trains diverted to Hoboken Project part of Gateway Program to boost Northeast Corridor reliability As construction of the new Portal North Bridge enters its final phase, Amtrak will begin critical “cutover” [...]

A new law to create an additional pathway to Certified Public Accountant (CPA) licensure in New Jersey took effect Feb. 11. As NJBIZ reported, Gov. Phil Murphy signed the law last month before his final term ended. The accounting profession and business groups advocated for the move to address talent pipeline [...]

The Division of Gaming Enforcement announced preliminary Super Bowl LX wagering statistics Thursday. Initial data show New Jersey bettors wagered $126.5 million on what ended up being a one-sided contest between the Seattle Seahawks and New England Patriots. Seattle prevailed in the 29-13 match. That wagers figure is down nearly 25% from [...]

Eric LeGrand announced his eponymous cafe will open a second location in Middletown this spring. The new LeGrand Coffee House marks the brand’s first expansion beyond its original Woodbridge shop, opened in 2022. In social media posts, LeGrand thanked the staff at the first location for helping build a welcoming space, [...]

About a year after well-known real estate and commercial transactions attorney Philip McGovern Jr. departed Roseland-based Connell Foley LLP for Tanenbaum Keale LLP, 10 former colleagues have followed in his footsteps. The Newark-headquartered boutique firm announced the additions in January. Tanenbaum Keale said the five partners, four associates and one special [...]

The basics: Former New Jersey Attorney General Matthew Platkin launches Platkin LLP in Newark Firm founded with senior litigators from the state Attorney General’s Office Practice areas include complex civil litigation, appeals, investigations, crisis management Platkin LLP will pursue cases involving corporate accountability, consumer protection, public interest matters Former New Jersey Attorney General Matthew Platkin [...]

New structural cracks have emerged at a portion of the Powerhouse property in Jersey City, which has seen several attempts from multiple mayoral administrations to save the building. Photo by Jersey Digs. An iconic but troubled landmark just two blocks from the Hudson River has fallen into such disrepair that several [...]

Vision Media Marketing Inc. is entering a new leadership chapter as founder Paul Swibinski passes the baton to his son, Phil. Paul Swibinski announced Feb. 6 he will retire after a nearly 50-year career in political communications and public relations. He founded Secaucus-headquartered Vision Media in 1985. Since, it has grown [...]

The basics: Executive Order No. 12 limits ICE access to nonpublic areas of NJ state property without judicial warrant Order applies to state offices, medical facilities, child care centers, public university dorms Attorney General launches online portal for residents to report ICE interactions, alleged misconduct State also rolls out multilingual ‘Know Your Rights’ website [...]