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NEWARK-The old governor giveth and the new governor taketh away. The $215-million package approved by Christie Whitman on her last day in office is withdrawn by her successor.
DOVER, NJ-After major tenants balk, Related Retail wants out and township officials may have to go to Plan B, a mixed-use corporate project. It only just won its preferred developer rights last year.
SOUTH AMBOY, NJ-The Victorian-style project, part of a larger community-wide development plan, will total almost 200 units. Build-out is expected to take three years and ground has now broken for the project.
MURRAY HILL, NJ-The medical device manufacturer will move as many as 500 positions from five other states to a new location to be determined in Central New Jersey.
WOODBRIDGE, NJ-The Gilbert organization, buying the facility it had been leasing, needed the space permanently to handle its increasing volume of business. Blau & Berg was the agency handling the transaction.
NEWARK-Whitman agrees to a $215 million aid package on her last day in office before heading off to run EPA. The final deal is still likely to fall on the new acting governor.
WOODBRIDGE, NJ-The Gilbert organization, buying the facility it had been leasing, needed the space permanently to handle its increasing volume of business. Blau & Berg was the agency handling the transaction.
TRENTON-The governor's initiative would force those developing properties with more than a half-dozen multi-family units or single homes on land without public sewers to face tough reviews.
ELIZABETH, NJ-A former Holiday Inn property will be turned into an upscale hotel at a cost estimated at $32 million. Completed is slated for later this year.
TRENTON-AES Power Direct is pulling out of the New Jersey market, citing losses tied to rising energy costs. The move is considered a blow for the deregulated energy market here.