Real Estate News

New Jersey Attorney General Matthew Platkin is weighing in on the U.S Drug Enforcement Administration’s proposal to reclassify marijuana as a less dangerous substance. Under the framework published May 21 in the Federal Register, cannabis would no longer be considered a Schedule I narcotic – a category reserved for drugs that [...]

Fulton Bank is planning to close several branches as it continues its absorption of Republic Bank. As NJBIZ reported, Fulton acquired Republic following a long and protracted proxy fight that ultimately ended in the bank’s seizure by regulators. Fulton assumed control of the failed bank’s deposits, assets and 32 branches. (See [...]

With the launch of Simply Pure Trenton this weekend, Tahir Johnson will become one of the first entrepreneurs with a cannabis-related conviction to own and operate a legal adult-use dispensary in New Jersey. Scheduled to open July 27 at 1531 N. Olden Ave. in Ewing, Simply Pure Trenton aims to be [...]

A bipartisan group of lawmakers proposed legislation on Capitol Hill to prevent well-off corporations from using bankrupt shell companies to resolve lawsuits. Introduced July 23, the Ending Corporate Bankruptcy Abuse Act (ECBA) takes aim at a controversial legal tactic known as the Texas Two-Step. Under the maneuver, a company spins off [...]

A rarely available 43rd floor residence with coveted North-East exposure has come to market at 77 Hudson Street in Downtown Jersey City. [...]

Cookie chain Crumbl Cookies will be coming to Downtown Jersey City in the coming months. [...]

Retail centers continue to add to the mix throughout the state. Here’s some of the latest from Newmark Associates, Levin Management Corp. and Azarian Realty Co. Poet’s Square in Freehold hit 100% occupancy, Newmark Associates announced July 24. Located along Thoreau Drive, the neighborhood lifestyle retail center boasts approximately 40,000 square feet. [...]

The Hoboken Business Alliance (HBA) launched a new Event Grant Program in an effort to boost community engagement. According to the special improvement district operating in the birthplace of Frank Sinatra, the initiative has several aims, such as driving foot traffic to local businesses; utilizing public spaces; and enhancing Hoboken’s cultural [...]

Restaurant chains are getting into the spirit of the 2024 Summer Olympics. As athletes from around the world prepare to compete in Paris, a growing number of brands are announcing special menu items, promotions and giveaways. The games kick off July 26 with the opening ceremony. During the traditional parade of athletes, [...]

After more than a decade leading Delta Dental of New Jersey and Connecticut, Dennis Wilson plans to retire. Wilson After Wilson steps down as president and chief executive officer Dec. 31, 2024, he will serve as a special advisor through June 30, 2025, the Parsippany-based dental benefits company said in a press [...]