TEANECK, NJ-Devalued assets and corporate malaise could equal a slow upturn, say top real estate executives.

TRENTON-There’s been a lot of talk about New Jersey Gov. Chris Christie’s axing the nearly $9-billion ARC tunnel project, but there are a handful of alternatives that don’t carry the same bloated price tag.

SADDLE BROOK, NJ-The firm tells GlobeSt.com that the executive will manage its three statewide offices.

EAST ORANGE, NJ-Phoenix Realty Group and local redeveloper TreeTop purchased the 548-unit, rent-stabilized property for $24.2 million.

NEW BRUNSWICK, NJ-With a 400-strong audience, panelists sat down for the second half of RealShare New Jersey to discuss what to consider before purchasing distressed assets as well as opportunities in mixed-use projects.

MORRISTOWN, NJ-Hartz Mountain purchased the 123-unit multifamily community here.

NEW BRUNSWICK, NJ-Although issues with the port and the Council on Affordable Housing still create chatter, there is an air of optimism now.

BRIDGEPORT, NJ-The tenant took space in a 108,000-square-foot building, part of the Pureland Industrial Complex here.