Real Estate News

New Jersey is gearing up to showcase the state’s culinary scene at one of the gourmet food industry’s largest trade shows in North America. The New Jersey Business Action Center plans to participate for the third year in a row at the Specialty Food Association’s Summer Fancy Food Show. This year’s show [...]

Gov. Phil Murphy this week shed some more light on an initiative he expressed support for during his State of the State Address last month – phone-free schools. “I am officially announcing my support for a new proposal that will direct school districts across New Jersey to adopt policies that ban [...]

The Murphy administration announced Feb. 20 that Get Covered New Jersey reached all-time record enrollment for 2025 health coverage. Get Covered New Jersey, which launched in 2020, is the state’s Official Health Insurance Marketplace that is administered by the New Jersey Department of Banking and Insurance. During the open enrollment period (Nov. [...]

New Jersey expanded its Transit Village count, applying the designation to a rural Hunterdon County municipality home to the last stop on the NJ Transit Raritan Valley line. The state Department of Transportation announced High Bridge as the state’s 36th Transit Village earlier this month. Dating to 1999, the program helps communities [...]

Gov. Phil Murphy announced Feb. 21 the appointment of several top New Jersey business leaders to the newly created Governor’s Economic Council. As NJBIZ reported in October, Murphy signed Executive Order 369 establishing the group. The collective will provide a regular forum for the Garden State business community and state government [...]

This week marked 150 years since Prudential Financial was founded in Newark — a milestone the anchor institution is celebrating in myriad ways. Company executives headed to the New York Stock Exchange Feb. 18 to ring the opening bell, with Gov. Phil Murphy on hand, in honor of the big day. [...]

The Port Authority of New York and New Jersey appointed Sarah McKeon as its next director of aviation. The agency announced Feb. 20 that McKeon will succeed the retiring Charles Everett, effective March 1. The aviation director oversees the operations of one of the nation’s busiest airport systems in the world – [...]

New Jersey regulators approved new testing guidelines for cannabis businesses. After incorporating Maryland’s testing standards in June 2021 for interim use, the New Jersey Cannabis Regulatory Commission (CRC) adopted a set of proposed rules in a 4-0 vote at its Feb. 18 meeting. CRC acting Executive Director Christopher Riggs said, “The new [...]

Cooper University Health Care is now offering multispecialty care at its Market Street facility in Camden.  Dr. Rachel Haroz, head of Cooper’s addiction medicine program, Center for Healing, said the office is designed so that “patients receiving treatment for use disorders … have easy access to other high-quality care services.”  Located downtown [...]

With 393 units, luxury apartment community Summit Court in Union recently sold for $131.5 million. JLL Capital Markets announced the transaction Feb. 19. The firm represented the seller, a joint venture of Millburn-based Fidelco Realty Group and Diversified Properties of Montville. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions [...]