HOBOKEN--Education Dynamics has increased its total Hoboken presence to about 25,000-sf by both expanding its space and extending its lease at 5 Marine View Plaza. The New Jersey office of FirstService Williams represented Education Dynamics, a marketing provider that assists higher educational institutions find, enroll and retain students.
JERSEY CITY--Metrovest Equities has designated 66,000 sf of existing commercial space at The Beacon in Jersey City, NJ to be converted into a unique children’s destination offering a variety of activities for kids of all ages.
PARSIPPANY--FirstService Williams’ Life Science Practice Group has arranged a long term, 7,888-sf lease for ARMGO Pharma, Inc. at 777 Old Saw Mill River Road, also known as The Landmark at Eastview, in Tarrytown, NY.
TRENTON--In the face of a fiscal emergency and 10.1 percent unemployment, Governor Chris Christie took action today to stave off a devastating tax hike for New Jersey employers. The Governor proposed suspending an automatic payroll increase of as much as $683 per employee that would be used to fund the now-insolvent Unemployment Insurance Trust Fund.
FLORHAM PARK--A different kind of training will take place at the New York Jets training center as The Pro Expo presented by Pella rolls into town. This free event will help those in the design, building and remodeling industries develop their business skills and help feed the hungry. The Pro Expo will be held at the Atlantic Health Jets Training Center, Thursday, March 11, from 3 p.m. to 8 p.m.
WHITEHOUSE--Unity Bank, headquartered in Clinton, is pleased to announce the appointment of Raymond Kenwell to the position of Executive Vice President and Chief Lending Officer.
WOODLAND PARK--Maxell Corporation of America Inc., the well-known digital media products manufacturer, has signed a long-term, 22,000-sf lease at Three Garret Mountain Plaza in Woodland Park, announced Cushman & Wakefield of New Jersey, Inc.
NEWARK-—The College of Architecture and Design at the New Jersey Institute of Technology (NJIT) will host its fifth annual Design Showcase on April 15, 2010, at Weston Hall on the NJIT Campus in Newark.
SOMERSET--ProCure Treatment Centers, Inc., Princeton Radiation Oncology and CentraState Health System has closed financing and funded capital for the proton therapy center they are building in Somerset.
PATERSON CB Richard Ellis has announced the recent completion of a 19-unit multi-family building sale transaction at 315 Park Avenue in Paterson. CB Richard Ellis' Charles Berger, along with Dean Marchi, first vice president, and Gehane Triarsi, represented the seller in this transaction.
CLIFTON--NAI James E. Hanson has announced the completion of a five-year lease agreement for a 10,081-sf industrial condominium unit at 10 Clifton Blvd. in Clifton's Clifton Technology Center.
JERSEY CITY--K. Hovnanian has sold a 6,000-sf retail condominium to Hudson Greene Market, an independent gourmet grocer, at 77 Hudson, their new luxury condominium in Jersey City.
MONTVALE -- The Hampshire Companies has announced that Coining, Inc. has signed a long term-lease 60,000 sf of industrial/ flex space at 15 Mercedes Drive in Montvale.
HASBROUCK HEIGHTS-- Marcus & Millichap Real Estate Investment Services has announced the sale of two downtown mixed-use buildings totaling 6,000 sf.
EDISON -- Amper, Politziner & Mattia, Certified Public Accountants and Consultants, has announced that Joseph E. Myers, CCE has joined the firm as Director in the firm’s Bankruptcy and Restructuring Group.
NEW YORK, NY--Sheldon Good & Company, a Racebrook Portfolio Company, has been retained to sell five apartment buildings in Trenton, NJ and Allentown, PA operated by Connolly Properties, Inc. during a one-day-only real estate auction on March 23rd.
PARSIPPANY--The New Jersey office of FirstService Williams has hired industry veteran Michael Tesser as senior managing director. One of the Garden State’s most accomplished commercial leasing professionals, Tesser will play a pivotal role in the office leasing division.
HACKENSACK--NAI James E. Hanson has announced the sale of a 44,000-sf retail/mixed-use building at 33 New Bridge Road in Bergenfield.
MORRIS TOWNSHIP--An exclusive community of 13 townhomes, The Brownstones at Morris Township is located within walking distance to NJ Transit’s Convent Station. Additionally, the community is located close to several other alternative transportation modes, making it an ideal place to live for buyers in search of quick and easy access to Manhattan and points throughout New Jersey.
PASSAIC--American Properties Realty, a New Jersey-based full service real estate company and LG Van Houten LLC, have announced that their newest condominium community, Van Houten Manor in Passaic, was already 25 percent sold at their recent grand opening, and that closings are well underway.
CLOSTER--Alan Cohen, Chairman of Abacus Advisors LLC and Chief Restructuring Officer for FB Liquidating Estate (formerly known as Filene’s Basement, Inc.), has announced that an initial distribution of dividend checks to Filene’s creditors was completed last Friday.
WILDWOOD-- Kipcon, Inc. is proud to announce the grand opening of a Wildwood, New Jersey office. Spearheaded by Regional Project Manager Ian Imber, this new Kipcon location will provide southern New Jersey with engineering, design, and inspection services.
NEW MILFORD--NAI James E. Hanson has announced the completion of a five-year lease agreement for 1,330 sf of retail space at 370 River Road in New Milford.
NEWARK--Mayor Cory A. Booker, the Newark Municipal Council, Deputy Mayor for Economic and Housing Development and Brick City Development Corporation Chairman Stefan Pryor, Brick City Development Corporation Chief Executive Officer Lyneir Richardson, and TD Bank Central Market President D. Nicholas Miceli have announced the launch of the City’s third Go Newark Restaurant Week, a 14-day discount dining program occurring February 12-25.
NEWARK--On Tuesday evening, March 23, 2010, the Newark Regional Business Partnership will hold its Annual Museum Reception and Dinner to benefit the Renaissance Newark Foundation. The reception begins at 6:00 p.m. with dinner to follow at 7:00 p.m.
EDGEWATER--The Peninsula at City Place, Edgewater's premier waterfront residential development, has experienced a surge in sales over the past 60 days with 20 signed contracts. The Marketing Directors, Peninsula's exclusive sales and marketing team, has credited this success to Peninsula's attractive pricing and the extension of the federal tax credit.
VOORHEES--In order to better understand how builders and developers have changed the way they do business during this difficult period, the Strategic Alliance, a group of eight real estate-related companies, created a survey that was distributed to more than 1,000 builders and developers throughout the Tri-State and Mid-Atlantic regions, as well as Pennsylvania and Florida.
PATERSON--Marcus & Millichap Real Estate Investment Services, the nation’s largest Real Estate Investment Services firm, has announced the sale of a 7,400-sf mixed-use property located in Paterson, according to Michael J. Fasano, Vice President/Regional Manager of the firm’s New Jersey office.
CHICAGO--Jones Lang LaSalle has announced that the firm is making an immediate $25,000 donation to the World Food Program (WFP) to directly assist in the immense and growing needs of the Haitian people following the region’s devastating earthquake.
NEWARK--Mayor Cory A. Booker presented his fourth annual State of the City address last night before some 1,200 people. in the Sarah Vaughn Concert Hall of the historic Newark Symphony Hall.
ISELIN--The international commercial real estate firm Studley announced that Philip Lippern has been promoted to senior vice president, co-branch manager of the firm’s Central New Jersey office.
PATERSON--East Rutherford-based Mc Gowan Builders, Inc. (MGB) donated $15,000 to St. Joseph’s Children’s Hospital (SJCH), a specialized state designated children’s hospital.
TRENTON, NJ – For one controversial state agency, the "freeze" is on, and it has nothing to do with the storm blanketing New Jersey this week. New Gov. Chris Christie has taken a step toward fulfilling his campaign promise to fix the Council on Affordable Housing (COAH) by issuing an executive order for that group to cease all activity.
RUTHERFORD--Malo Consulting NJ, LLC, the North American arm of Lisbon, Portugal-based medical group Malo Health Group, will be opening an imaging center and café to support the health practice it opened at the end of 2009 at 201 Route 17 North in Rutherford.
WESTFIELD, NJ--George F. Sincox of Westfield, AIA, principal of Sincox Associates Architects/Planners of Westfield, was recently honored as a "hero of affordable housing" by the Housing Alliance of Morris County, a collaboration of housing advocates working with the United Way of Morris County.
NEWARK--Pitney Bowes has selected Newark as the site for its expanded mail services operations in New Jersey and will open a new International Mail Distribution Center there next month.
NEWARK--McCarter & English LLP has announced that Emily Goldberg has joined the firm as the Pro Bono Director.
HILLSBOROUGH-- Larken Associates has announced new lease signings at Branchburg Commons and Montgomery Commons, two of its professional office and medical office complexes in central New Jersey.
PRINCETON--Mario Chiarella, vice president and manager of Weichert Commercial Brokerage’s Central NJ office, has announced that Broker Associate, Karen Anderson recently completed the lease transaction of 3,375 sf of retail space located at 210 Nassau Street in Princeton.
BETHESDA, MD--CoStar Group, Inc. has announced the promotion of Paul Greco to the position of Regional Sales Director for New Jersey and Pennsylvania.
NEWARK--CoreNet Global NJ, (Corporate Real Estate Executives Network of New Jersey) the New Jersey State Chapter of CoreNet Global, has scheduled a CoRE Curriculum educational workshop for Tuesday, February 23, 2010, from 8:30 A.M. to 10:00 A.M. The session will be hosted by Johnson & Johnson and will take place at Johnson Hall, Johnson & Johnson, 501 George Street JH 5102A, New Brunswick.
NEWARK--Mayor Cory A. Booker and Tucker Development Corporation in partnership with Marriott International, the New Jersey Devils and Robert Finvarb Companies, has announced plans for a Courtyard by Marriott at the Prudential Center, just a few blocks from Penn Station in downtown Newark.
HACKENSACK--The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area (IOREBA) will host its monthly meeting on Monday, Feb. 22.
BERKELEY HEIGHTS-- The Kislak Company, Inc. recently completed the $1,350,000 sale of 14 affordable housing units in the Villas on the Park condominium complex located at 25 - 51 Springholm Drive, Berkeley Heights.
SHORT HILLS-- The full impact of the economic downturn has likely not been felt yet, although there are signs of that ongoing impact in the form of higher commercial real estate vacancy rates and reduced rents. And when the economy—and real estate—do bounce back, the uptick won't be a quick one. That was the message delivered by a panel of experts at the annual meeting of NAIOP-New Jersey, held at the Hilton Short Hills.
NEWARK--Mayor Cory A. Booker, members of the Newark Municipal Council, Thomas Cetnar and Frank Bolton of Bears Baseball LLC, and American Red Cross of Northern New Jersey Chief Executive Officer Ray Shepherd cut the ribbon to open the American Red Cross of Northern New Jersey’s new service center, located in Bears and Eagles Riverfront Stadium, at 450 Broad Street, in Newark.
MONROE TOWNSHIP--Industrial/Commercial Real Estate Women, Inc. (ICREW NJ) will host its Ninth Annual ICREW NJ Golf Classic and Reception on Thursday, May 6, 2010 at the Forsgate Country Club in Monroe Township.
KINGSTON, NY—ScheinMedia announces the publication of comprehensive maps of green residential development projects in the New York metro region.
BRIDGEWATER--Christmas Tree Shops has opened its latest store, occupying 28,750 sf at Somerset Shopping Center. The 214,000-sf center, leased and managed by Levin Management Corporation, is now at 100% occupancy.
FLORHAM PARK--Bergman Real Estate Group announced three long-term leases at Florham Park Corporate Center, located at 25 A & B Vreeland Road in Florham Park. The privately owned real estate investment firm owns and manages office properties throughout New Jersey.
ANDOVER--NAI James E. Hanson has announced the completion of a 2,150-sf, industrial lease transaction at 134 Route 206, in Andover.
NORTH BRUNSWICK--Kipcon Inc. recently welcomed John G. Waltz, PE as a new project manager.
NEW YORK--Cushman & Wakefield Inc. has announced that Glenn Rufrano has been named President and Chief Executive Officer of the company.
NEWARK--Governor Chris Christie has tapped Lori Grifa to head the Department of Community Affairs.
LITTLE EGG HARBOR-- Marcus & Millichap Real Estate Investment Serviceshas announced the sale of Tuckerton Commons, a 9,168-sf retail property located in Little Egg Harbor, according to Michael J. Fasano, Vice President/Regional Manager of the firm’s New Jersey office.
MORRISTOWN--Office leasing specialist Andrew Parella has joined commercial real estate services firm Cushman & Wakefield, Inc. as a director in the company’s Morristown office, announced Gualberto “Gil” Medina, the firm’s New Jersey executive managing director.
HASBROUCK HEIGHTS--Jones Lang LaSalle announced that it has been appointed the exclusive leasing agent for Turnpike-10 (T-10) Commerce Center, located at 3003 Woodbridge Ave., Edison. This property is strategically located adjacent to Exit 10 of the New Jersey Turnpike at the I-287 interchange.
ASBURY, NJ--J.G. Petrucci Co., Inc. has completed a new $10 million headquarters facility and warehouse/distribution center for Cigars International, a subsidiary of Swedish Match AB.
SPRINGFIELD--Stew Leonard's Wines and Spirits has leased 12,680 sf at Echo Plaza, announced Levin Management Corporation, exclusive leasing agent for the 66,000-sf shopping center.
