Real Estate News

With about six months until Oct. 31, Spirit Halloween is declaring the start of spooky season by offering fans a chance to win a private stay in one of the nation’s most famous haunted houses. As part of the Egg Harbor Township-based specialty retailer’s “Halfway to Halloween” celebration, it will give [...]

Farm-fresh, family-run grocery chain Stew Leonard’s is preparing to unveil its second New Jersey supermarket. Scheduled to open May 17 at Styertowne Shopping Center in Clifton, the 56,000-square-foot store will offer produce, dairy and meats from local vendors and New Jersey farms. In addition to several new animatronic shows, Stew Leonard’s in [...]

The New Jersey Economic Development Authority (NJEDA) this week announced the first four approvals under its Angel Match Program, awarding those early-stage technology companies $2 million in total. Launched last year, the NJEDA is the first entity to commit capital under the initiative. Then, other investors provide matching funds. A pool [...]

Hobby Lobby plans to open its first store in Morris County. According to commercial real estate information platform CoStar, the arts & crafts retailer signed on to lease a standalone site at 180 Route 10 in East Hanover. An official opening date has not been announced, but hiring efforts are underway [...]

Wholesome snack maker Our Home plans to acquire two production plants from Utz Brands Inc. for $18.5 million. In an April 18 press release, the Boonton-based company said it will increase its manufacturing footprint from five to seven locations by purchasing Utz-owned sites in Berlin, Pa., and Fitchburg, Mass. After the sale [...]

Fairleigh Dickinson University is out with a new poll showing that a majority of New Jerseyans back the recent Transportation Trust Fund legislation signed into law. The move, which calls for an annual electric vehicle fee for drivers, drew support by a more than a 2-to-1 margin. The Fuel Merchants Association [...]

Foot Locker is testing out a new store concept in New Jersey as part of a larger effort to reinvent the brand’s retail footprint. The “store of the future” made its debut April 24 at Willowbrook Mall in Wayne. It features a streamlined, easier-to-shop layout, dynamic digital fixtures and a bolder [...]

Very sad news to report, as U.S. Rep. Donald Payne Jr., D-10th District, died April 24 at the age of 65. Payne had been hospitalized since a cardiac episode earlier this month, based on complications from his diabetes, according to his office. A former union worker and toll collector, the six-term congressman [...]

The Federal Trade Commission announced April 23 its decision to ban companies nationwide from using noncompete clauses for their employees.  “Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new startups that would be created a year once noncompetes [...]

RoboBurger, a Newark-based company touting the world’s first fully autonomous burger vending robot, struck a deal on ABC’s “Shark Tank.” During the April 19 episode of the reality competition series, co-founders Dan Braido, Audley Wilson and Andy Siegel agreed to give celebrity investor Kevin O’ Leary and guest “shark” Michael Rubin [...]