Real Estate News

The basics: Federal judge dismisses most claims tied to Gateway tunnel funding freeze $205M in withheld funds recently released to the Gateway Development Commission Funding halt previously forced a temporary construction shutdown and 1K layoffs Claims over damages and good-faith obligations remain under review A United States Court of Federal Claims judge dismissed most of [...]

The basics: First ceremonial train crosses new Portal North Bridge in Kearny Bridge will replace 116-year-old Portal Bridge on Northeast Corridor One track enters passenger service March 16; second track expected this fall $1.56B infrastructure project funded by federal, state, regional partners Officials marked a major milestone in the replacement of the aging Portal Bridge [...]

Daddy’s Chicken Shack is preparing for its New Jersey debut. The outpost is scheduled to open soon at 1810 Wayside Road in Tinton Falls. The upcoming eatery is the first of 13 locations under development by Esperto Hospitality Group. Founded in 2018, Daddy’s Chicken Shack’s Southern-inspired menu includes fried and grilled chicken, [...]

MilkShake Factory is getting ready to mix it up at three new shops in New Jersey. The premium dessert chain debuted last fall in Jersey City. It now expects to add locations in Middletown, Florham Park and Somerville. MilkShake Factory launched in 1914 as a family-run soda fountain and chocolate shop in [...]

Summit-based Kenvue‘s Aveeno is celebrating 80 years of skincare innovation by teaming up with Mayo Clinic on a three-year research collaboration. Aveeno is widely known for its use of oat-based ingredients. The partnership will focus on clinical and scientific research on how those types of formulas can sooth sensitive or compromised [...]

The basics: Costco, IVI RMA North America, Sesame partner on fertility care program Costco members receive discounted medications, coordinated care Program connects patients to IVF, IUI, egg freezing specialists Drug costs could drop up to 80% compared with typical self-pay prices Basking Ridge-based fertility care network IVI RMA North America is teaming up with big [...]

Wakefern Food Corp. is looking to bring more locally grown produce into its 380-plus supermarkets throughout the Northeast. As part of the Keasbey-based cooperative’s Produce Local Supplier Summit, farmers and growers have an opportunity to connect with procurement teams and explore potential retail partnerships. Wakefern’s banners include ShopRite, Fairway Market, Price [...]

The basics: 75% of New Jersey voters back rideshare, delivery drivers keeping independent contractor status 72% support portable benefits, allowing workers to earn health, dental, vision, retirement benefits while staying independent Support spans Democrats (76%), Independents (71%), Republicans (69%); 84% of app-based workers in favor Poll shows broad understanding of gig economy; preference for [...]

The basics: Tisch family proposes transferring remaining 23.1% New York Giants stake into family trusts Move seen as part of long-term succession planning Earlier ownership transfers to trusts approved in 2023, 2024 Steve, Laurie and Jonathan Tisch expected to retain Giants front-office roles The Tisch family is seeking NFL approval to transfer its remaining ownership [...]

The New Jersey Motion Picture and Television Commission announced 15 municipalities are designated as the newest Film Ready Communities after completing the state’s Film Ready New Jersey Program. As NJBIZ has previously reported, the Film Ready New Jersey initiative is a five-step certification and marketing program. The initiative includes workshops led [...]