Real Estate News

Rendering of the proposed development at a vacant lot in Jersey City’s Bergen-Lafayette neighborhood. Image courtesy Monteforte Architectural Studio. The path has been cleared to transform a post-industrial lot in Jersey City’s Bergen-Lafayette neighborhood into an eight-story industrial-inspired project that will add new affordable housing and retail space to the landscape. During [...]

The basics: Officials project more than $3B in economic impact, over 1M visitors in NY-NJ region MetLife Stadium will host 8 matches, including World Cup Final July 19 Airbnb estimates $450M in New Jersey economic activity, 1,800 jobs, 42,000 guests Business leaders urge NJ companies to engage early via fan fests, activations, vendor programs Business [...]

The basics: Porzio relocates from Morristown to 43K-square-foot headquarters at The Arbors @ Parsippany Move marks firm’s first HQ outside Morristown since 1962 founding New space features EV chargers, health center, town hall, hybrid-ready design Firm continues expansion in Manhattan, Florida; plus growth in subsidiaries Porzio Bromberg & Newman PC is celebrating the official opening [...]

The basics: Gateway Development Commission files suit alleging federal breach of contract over Hudson Tunnel funding Seeks release of $205M in frozen grant and loan disbursements Construction halt could threaten nearly 1,000 immediate jobs, up to 11,000 more on ongoing projects Project includes new NJ–NY rail tunnel, rehabilitation of the 116-year-old North River Tunnel The [...]

The basics: SJP Properties signs Strong Pilates, SweatHouz for 70 Speedwell Ave. in Morristown Barry’s made New Jersey debut last fall at SJP’s Waterfront Corporate Center in Hoboken Both Morristown tenants sign 10-year leases totaling more than 5,000 square feet  70 Speedwell Ave. now fully leased; one space remaining at Hoboken Waterfront Corporate Center SJP [...]

The basics: NJDOC launches partnership with NJ Reentry Corp., EHCA to support incarcerated veterans Program creates a continuum of care from prison to community reintegration Services include benefits enrollment, health care coordination and housing referrals NJRC reports lower re-arrest and reincarceration rates among program participants The New Jersey Department of Corrections is collaborating on a [...]

As part of an ongoing expansion effort across the Northeast, Wonder expects to add three more locations in New Jersey this spring. According to the fast-growing food hall and delivery concept’s website, planned openings include: Wayne – 1627 Route 23 (March) Ocean Township – 2105 Route 35 (April) Emerson – 484 Kinderkamack Road (May) Billionaire [...]

As part of a statewide effort to address the ongoing nurse shortage, New Jersey is offering up to $50,000 in student loan relief to nursing faculty. The issue of the nurse shortage is a major one here in the Garden State, as NJBIZ has previously reported. New Jersey already faces a [...]

NJ Transit has ordered 375 additional Xcelsior 40-foot clean-diesel buses from New Flyer. The latest comes as the agency continues its multiphase effort to modernize its fleet. The order, announced Jan. 29, builds on a contract first awarded in early 2024 that included a base order of 550 buses with options [...]

The basics: Tonix Pharmaceuticals opens new Berkeley Heights headquarters at The Park Move follows FDA approval, launch of Tonmya — first new fibromyalgia treatment in 15 years Company doubles NJ office footprint to about 8,000 square feet, with more growth planned Tonix reported $190.1M in cash in Q3 2025; expects runway to fund operations [...]