Real Estate News

The basics:  Middle States Commission aporoves Kean-NJCU merger Deal set to close July 1; Kean will assume control of NJCU NJCU will become Kean Jersey City after federal review Combined university to serve ≈ 24,500 students The merger between Kean University and New Jersey City University took a major step forward, receiving approval from the [...]

The City of Wildwood has adopted a new ordinance establishing overnight closure hours for its boardwalk. Officials say the move aims to improve safety and quality of life while maintaining a welcoming environment for visitors as well as businesses. The city first introduced the ordinance April 8. It formally adopted the [...]

Hoboken is planning a citywide celebration around the 2026 FIFA World Cup. Officials will roll out a 12-day series of block parties, match screenings and neighborhood events designed to bring both residents and visitors into the mix. The initiative is a partnership between the city and the Hoboken Business Alliance. It [...]

The basics: GDC awards $1.29B contract for Hudson River tunnel section Joint venture to bore 7,250-foot twin tunnels between NJ and Manhattan 6 of 10 construction packages now complete or underway Project advances as key infrastructure priority for regional rail The Gateway Development Commission awarded a $1.29 billion contract for a critical segment of the [...]

The basics: Sherrill signs executive order to accelerate housing production in NJ State agencies must ID barriers, submit housing reports within 60 days Plan targets use of underutilized state land, streamlined development Comprehensive statewide housing strategy due within 150 days Gov. Mikie Sherrill signed an executive order Monday aimed at accelerating housing production and improving [...]

The opening of the NJIT @ NEST Center for Translational Research lab signals a milestone for the university and the Northeast Science and Technology in Kenilworth. The former Merck headquarters, now NEST, announced the on-campus debut of its first academic partner April 23. The 25,000-square-foot space now supports four professors and 26 STEM [...]

The basics: 500 Plaza Drive surpasses 75% occupancy in Secaucus Quest Diagnostics signs long-term 131K-sf HQ lease extension Retarus, NJEA add new leases and relocations at property Signature Acquisitions drives leasing momentum at Harmon Meadow tower Signature Acquisitions is retaining tenants at 500 Plaza Drive, as the 11-story trophy office tower surpasses 75% occupancy. The Cranford-based [...]

The basics: Sun Pharma to acquire Jersey City-based Organon in $11.75B deal Organon brings women’s health and medicines sold in 140 countries Combined company projected among top 25 global pharmaceutical firms Deal expected to close in early 2027 pending regulatory approvals India’s largest pharmaceutical company will acquire Jersey City-based drugmaker Organon & Co. in an [...]

The basics: Global Game Summit set for June 9 at Prudential Center in Newark Timed with FIFA World Cup matches in New Jersey, including MetLife Stadium games Event convenes leaders in soccer, media, tech, investment Program to cover AI, media rights, ownership, fan monetization, women’s game The Global Game: The Future of Soccer, Tech & [...]

The basics: McDonald’s promotes first jobs as foundation for career skills 1 in 8 Americans have worked at the chain, building experience Company’s NJ impact includes $1.5B in GDP contribution, 19K jobs and $429M in taxes Programs like Archways to Opportunity support education and growth From babysitting the neighbor’s kids to scooping ice cream to [...]