Real Estate News

The basics: Kevin Walsh, former NJ acting state comptroller, starts at Langer Grogan & Diver March 20 Will focus on consumer protection, whistleblower, antitrust, commercial litigation, regulatory compliance Walsh previously oversaw audits and investigations of state agencies, municipalities, public institutions Experience in civil rights, public interest, complex litigation, including leadership at Fair Share Housing [...]

The basics: Gov. Mikie Sherrill will propose record $12.4B in K-12 funding, $1.4B for preschool aid in her first budget Plan includes cutting filing fees for businesses and nonprofits, expanding support through NJBAC Administration will fund initiatives to lower utility costs, expand energy generation Budget seeks to address projected $3B structural deficit while avoiding [...]

Turning Point Restaurants has added a second spot in Bergen County. Located at 200 Old Tappan Road in Old Tappan, the popular Jersey Shore-born breakfast, brunch and lunch chain is open daily from 7:30 a.m. to 3 p.m. Founded 28 years ago in Little Silver, Turning Point offers an approachable creative menu [...]

Danish fashion brand Jack & Jones is opening one of its first U.S. stores in New Jersey. Located at Freehold Raceway Mall in Freehold, the soon-to-open outpost at the Macerich-owned property will also feature the label’s JJXX women’s fashion line. As part of a two-day grand opening event starting March 14, Jack [...]

The basics: Novo Nordisk, Hims & Hers resolve GLP-1 drug lawsuit Wegovy, Ozempic to be offered on Hims & Hers platform Hims & Hers agrees to stop selling compounded semaglutide FDA-backed deal expands access to approved weight-loss drugs Novo Nordisk and Hims & Hers have ended a legal feud with an agreement that allows the [...]

The basics: Eddie Bauer canceled its March 6 retail auction due to lack of bidders 5 New Jersey retail leases now available at high-traffic locations RCS Real Estate Advisors manages Eddie Bauer’s real estate and markets 174 U.S. store leases. Immediately after its Feb. 9 petition in U.S. Bankruptcy Court for the District of [...]

Rutgers University hired Gary Redus II as the new head coach of its women’s basketball program. Athletic Director Keli Zinn announced the appointment March 9. Redus brings championship experience, spending the past four seasons as an assistant at Louisiana State University. During his tenure at LSU, he helped the Tigers win [...]

The basics: Rowan University announces $690M West Campus project in South Jersey 220-acre development includes Rowan Wellness Village, Center for Manufacturing Innovation Project expected to create 4,170 construction jobs, 900 permanent positions Public-private partnership with Fairmount Properties to integrate housing, research, health care, workforce training Rowan University announced a landmark $690 million West Campus Development [...]

The basics: NJBA, NJBIA file appeal challenging NJDEP Resilient Environment and Landscape (REAL) land use rules under PACT Rules would add new requirements for certain new homes in expanded flood-risk areas Critics say regulations could restrict development, increase housing costs and impact property values statewide Bipartisan legislative resolution also seeks to address concerns PACT [...]

PS&S announced March 6 it has acquired Priest Craven & Associates, a civil engineering and surveying firm based in Raleigh, N.C. The deal expands the Warren-headquartered company‘s presence into the fast-growing Research Triangle region. Founded in 1983, Priest Craven & Associates Inc. specializes in civil engineering, site planning and surveying for [...]