New construction projects continue to rise throughout New Jersey. One major project in New Brunswick, the home of Rutgers University and the Robert Wood Johnson Medical Center, is The Standard, a new high-rise residential complex designed for the city's downtown. The...
Year: 2019
New Jersey developer secures financing for Bayonne project
A major New Jersey real estate developer has secured financing for a multifamily development in Hudson County. Industry sources report that Kushner Real Estate, which is based in Bridgewater, has closed a deal that will provide it with the $50.4 million it needs to...
Residential and non-residential construction starts on the rise
More people in the New Jersey and New York area are investing in construction projects based on March 2019 construction start figures. These stats are specific to New York-area construction, which typically extends to parts of the Garden State. This positive news...
Luxury Jersey City apartment complex appeals to investors
The construction and building industry in New Jersey is continuing to grow, as one real estate company announced the successful sale of its latest Jersey City luxury complex. Soho Lofts has 377 units in the city directly across from Manhattan; it features ready public...
New grocery construction sparks excitement in Paramus
Dairy-themed supermarket retailer Stew Leonard's is entering the New Jersey market, breaking construction on its first location in the state inside the Paramus Park Mall. When completed, the store will include 80,000 square feet of space. The store is known for...
Construction firm selected for casino expansion
New Jersey residents may have heard that a leading construction company in New York has been selected to lead the $400 million expansion of Resorts World Casino New York City. Plaza Construction will manage phase two of the expansion project underway in Jamaica,...
Three aspects to cover in a construction contract
New Jersey is seeing an uptick in construction projects, especially with construction season right around the corner. But with this projected growth, more agreements will be necessary to assure the building are completed efficiently. But what should contractors...
Modular project slated for housing development
Modular construction may be a growing trend in the market for new projects in New Jersey and New York. In a modular construction process, a building is constructed away from its final location inside a plant or other controlled facility. It is then assembled on site....
Bayonne Bridge nears completion of construction project
A major New Jersey bridge project has reached completion as announced by the Port Authority on Feb. 8. For drivers using the Bayonne Bridge to cross between Bayonne and Staten Island, the road capacity of the bridge will double. The $17 billion project has transformed...
Mayor promises consequences for builder of broken retaining wall
A collapsed retaining wall is the latest setback for a shopping center development in a New Jersey community that never wanted the project in the first place. The mayor of Parsippany said that the wall had not appeared on the building plan that the town approved. He...