BELLEVILLE, NJ — Tulfra Real Estate, in conjunction with the Hampshire Companies, announced recently that it secured a $6.37 million loan to fund the construction of three additional retail pads at Park11 in Belleville. First Bank of Hamilton’s Michael Cook, senior vice president/investment real estate manager, handled the transaction. Jon Mikula and Michael Klein of […]
NEWARK, NJ — L+M Development Partners, Type A Projects and MSquared announced March 3 the closing on $42 million in financing for the development of 78 affordable rental apartments that will serve low- and moderate-income households in the Fairmount neighborhood of Newark in partnership with University Hospital. The project, developed under the New Jersey Housing […]
WEST ORANGE, NJ — Three tenants are coming to The Shoppes at Edison Village on Main Street in West Orange, developed by Prism Capital Partners. Late winter/early spring 2022 openings are anticipated for BK Lobster restaurant, SportsMed Physical Therapy and Golden Aide Health & Pharmacy. The tenants leased a combined total of 7,700 square feet […]
ORANGE, NJ — Housing and Neighborhood Development Services held a Heart of Orange virtual focus group on economic development on Nov. 17 to discuss what would benefit the city in terms of bringing jobs, economic development and better business to Orange. HANDS Director of Programs Khady Ndiaye hosted the meeting and drew attendees’ attention to […]
SOUTH ORANGE, NJ — The South Orange Planning Board approved the redevelopment project slated for 270 Irvington Ave., at the corner of Irvington and Fairview avenues, at its meeting on Nov. 1. It will include 60 units of housing at 270 Irvington Ave. and an underground parking garage; there will be an additional 12 housing […]
BLOOMFIELD, NJ — The Bloomfield Township Council unanimously approved a resolution that authorized the Bloomfield Planning Board to investigate amending the town’s redevelopment plan to allow using the strip of land that the Sacred Heart School building and Nardiello Hall sit on to build a 212-unit residential building, tearing down the two building that are […]
ORANGE, NJ — The Orange Housing Authority held a community meeting on Oct. 20 at the Walter G. Alexander Village apartments to discuss its Small Homes Initiative, which is in the beginning stages of planning; the initiative is to create residential spaces that encourage community growth and are safe. The special guest panel was led […]
NEWARK, NJ — A former Newark city official and officer of the Newark Community Economic Development Corp., along with two Newark business owners, were indicted Oct. 15 by a federal grand jury in connection with a conspiracy for the official to obtain corrupt payments intended to influence and reward him for assisting the business owners […]
WEST ORANGE, NJ — In a statement sent to the West Orange Chronicle on Sept. 13, West Orange Mayor Robert Parisi said that the township has reached a settlement with Prism Capital Partners, the former redevelopers of the downtown Edison Village redevelopment project on Main Street. The West Orange Township Council voted to reacquire the […]
WEST ORANGE, NJ — West Orange is locked in a lawsuit with Prism Capital Partners, the redevelopers of the downtown Edison Village project, after the West Orange Township Council voted to reacquire the property and terminated the development deal that was approved nearly 20 years ago, in 2003. The first phase of the project has […]