Real Estate News

The basics: NJEDA board approves up to $400M in Aspire tax credits to MMC Project relocates Monmouth Medical Center from Long Branch to Tinton Falls New eight-story hospital will include 252 acute care beds Construction expected to begin in March, last about 84 months RWJBarnabas Health‘s Monmouth Medical Center relocation project took another major step [...]

The basics: Gov.-elect Mikie Sherrill nominates Raynard as New Jersey health commissioner Susan Ochs selected to lead the Department of Banking and Insurance Appointees bring extensive public- and private-sector experience Gov.-elect Mikie Sherrill announced her latest cabinet picks Jan. 15. The incoming governor tapped Raynard Washington to serve as New Jersey’s next commissioner of the [...]

The basics: Rutgers-Eagleton poll shows New Jersey residents give Murphy C average grade Lowest marks on affordability and taxes, both in the D+ range Murphy exits with steady approval, favorability ratings Gov. Phil Murphy’s time in office is rapidly coming to a close, and a new poll out Jan. 15 from Rutgers-Eagleton reveals the [...]

Tacoria Mexican Street Kitchen is readying its newest outpost in New Jersey. Located at 353 Springfield Ave. in Summit, the fast-casual Mexican concept is scheduled to begin welcoming customers Jan. 16. Founded a decade ago in New Brunswick by four Rutgers alumni, the eatery serves tacos, burritos and other Mexican items prepared [...]

As part of an ongoing turnaround effort, Red Robin is reducing its footprint in New Jersey. After closing its Rockaway location in November 2025, the Colorado-based casual dining chain expects to shutter its Clifton outpost by Jan. 25, according to a media representative. Founded in 1969, the brand is known for its [...]

The basics: NJDOE files Order to Show Cause, first step toward full state intervention Move follows appellate ruling citing constitutional violations State superintendent to assume control for up to three years Action comes days before Gov. Murphy leaves office As the Murphy administration nears its conclusion, the New Jersey Department of Education has initiated a [...]

The 336-unit The Devan has nabbed a financing deal just about a year after launching lease operations. Image courtesy BlueGate Partners. A recently completed residential complex along the Hoboken and Jersey City border has a permanent deal in place as the neighborhood around it continues to grow. BlueGate Partners has announced a [...]

The basics: NJEDA, Rowan University partner to support AACCNJ Transformation Center 26,800-square-foot business incubator planned in downtown Trenton NJEDA commits $1.5M to Rowan for planning and implementation Center will provide mentorship, workforce development, technical support The New Jersey Economic Development Authority and Rowan University have joined forces to support the African American Chamber of Commerce [...]

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 [...]