Real Estate News

A private investor completed an 1031 exchange for a multifamily rental building in Chatham, facilitated by ICON Real Estate Advisors. Cornerstone 2025 LLC acquired the 31-unit property located at 49 S. Passaic Ave. in the Morris County borough for $11.2 million. The seller was Chatham Arms JV LLC. According to ICON, the [...]

The basics: B&G Foods will sell Green Giant US frozen vegetable line to Seneca Foods Deal expected to close Q2 2026 Transaction includes frozen vegetable manufacturing operations in Arizona Sale part of B&G’s strategy to divest non-core brands, reduce debt Parsippany-based B&G Foods Inc. has agreed to sell its U.S. frozen vegetable product line under [...]

The basics: Former NJ First Assistant Attorney General Lyndsay Ruotolo joins Cozen O’Connor Will work in firm’s State Attorneys General group in NYC Previously oversaw 8,000-employee Department of Law and Public Safety Career includes federal prosecutions, major consumer protection cases Former First Assistant Attorney General for New Jersey Lyndsay Ruotolo is joining the ranks at [...]

Jersey City Mayor James Solomon announced a deal March 2 with Kushner Real Estate Group to convert the planned Pompidou Museum site in Journal Square into affordable housing. NJBIZ previously reported on the project to bring a satellite location of the famed French museum to Journal Square. The plan eventually became [...]

New Jersey-born hot chicken concept Namkeen is turning up the heat with the launch of its seventh restaurant. The fast-casual brand is scheduled to open March 7 at 1105 Morris Ave. in Union. Namkeen is known for fusing Nashville hot chicken with bold Pakistani flavors. Its signature items include chicken tikka mac [...]

The Kislak Co. Inc. recently arranged the sale of a downtown Freehold property with a prime Main Street location. 7 W. Main St. in Freehold is a three-story brick building anchored by a ground-level CVS. – PROVIDED BY THE KISLAK CO. INC. Located at 7 W. Main St. in the Monmouth County [...]

Compass Inc. and Anywhere Real Estate Inc. officially combined at the start of 2026, closing their previously announced merger Jan. 9. Now, layoffs will hit Madison. Following the multimillion-dollar deal, a notice filed with the New Jersey Department of Labor & Workforce Development advises the company plans to cut 110 jobs in [...]

The basics: Loopwell to host March 12 screening of ‘The (M) Factor 2: Before The Pause’ Documentary explores perimenopause effects on heart, bone, brain, sexual health Montclair club will feature fireside conversation with producers Tamsen Fadal, LaMarca Mathisen Event includes meditation, open bar, curated swag bags, audience Q&A Montclair-based social wellbeing club Loopwell is hosting [...]

The basics: Jack Hughes had assist in Devils’ 3–1 win over St. Louis Blues, before surprise Saturday Night Live cameo Hughes appeared alongside brother Quinn, US women‘s hockey stars Hilary Knight and Megan Keller Hughes’ Olympic media blitz includes ESPN’s ‘The Pat McAfee Show’, upcoming appearance on ‘The Tonight Show’ Olympic hero and New [...]

The basics: Jaclyn McDonnell leads ‘Read Across Newark‘ to expand literacy access Students earn books through Speedway Avenue Elementary’s reward program Donation drive allows students to select titles from a curated wish list Initiative encourages reading and empowers public school students in Newark A recently promoted counsel at Genova Burns LLC is making a case [...]