Real Estate News

The basics: 16 Superior Court judges confirmed, leaving 11 vacancies statewide 17 of 21 counties now have zero judicial vacancies Judicial appointments under Murphy reach 458, over half initially appointed by him Reduction in vacancies improves trial scheduling, court operations statewide New Jersey continues to chip away at a shortage of Superior Court judges that [...]

The basics: Tropical Cheese acquires Rockaway-based Cibao Meat Products Acquisition adds meat products to Tropical Cheese‘s Hispanic foods portfolio Strengthens Meats Division, expands distribution across the US Both family-built companies bring legacy brands like Campesino and Induveca Tropical Cheese is adding some more meat to its market-leading portfolio of Hispanic foods. The Perth Amboy-based company announced [...]

The basics: Former Gibbons executive Patrick Dunican joins Connell Foley as partner Focus areas include corporate law, consulting, risk management, and higher education Dunican previously served 18 years as managing director and executive chairman of Gibbons Connell Foley has 140+ lawyers across multiple Mid-Atlantic offices Two years after wrapping up a decades-long career at Newark-based [...]

The basics: Carteret awarded $5.38M federal transportation grant via NJTPA Funding supports $48M multimodal ferry terminal — now under construction Project central to Carteret’s broader waterfront redevelopment Ferry service to Manhattan expected to begin in early 2028 Carteret has secured a $5.38 million federal transportation grant to support construction of its $48 million Carteret Multimodal [...]

In 2026, the 3rd Annual Newark Summit for Real Estate, Economic Development & Placemaking returns to the Brick City Feb. 9. Presented by roundtable&advisory, organizers anticipate a crowd of more than 1,250 attendees. This year, the full day of education and networking will take place at 550 Broad St. The program will feature [...]

Provident Bank Senior Executive Vice President and CFO Thomas Lyons plans to retire from the financial institution in 2026. The bank said Jan. 13 it expects Lyons to exit the post by June 30 or upon the appointment of his successor, whichever comes first. Lyons will continue in his present roles until [...]

The basics: Port Authority begins next construction phase of the $3.5B AirTrain Newark replacement Weekday outages between Airport Train Station and P4 start Jan. 15 Shuttle buses will run every four to five minutes during suspensions New AirTrain system expects to launch passenger service in 2030 The Port Authority of New York and New Jersey [...]

The basics: Saks Global files Chapter 11 less than a year after Neiman Marcus acquisition Company secures $1B in financing with $500M more planned All Saks, Neiman Marcus stores expected to remain open during restructuring Geoffroy van Raemdonck named CEO as company begins turnaround process Less than a year after the parent company of Saks [...]

The basics: Perth Amboy planning board approves Kushner Cos.‘ $200M Sea Gate project Five-building waterfront redevelopment will add 602 apartments Project includes 35-year PILOT generating about $1.2M annually Agreement includes historic memorial, archeological review, public improvements More than 600 market-rate apartments will officially rise along the shoreline of the Arthur Kill in Perth Amboy, following [...]

The U.S. Food and Drug Administration has upgraded a nationwide cheese recall initiated by West Caldwell-based Ambriola Co. due to listeria concerns to its highest-risk category. As of Jan. 6, regulators elevated the Italian importer’s recall to a Class I. According to the FDA, that classification is reserved for items that [...]