New Jersey

“Creating 'transit villages' around both of our train stations is a high priority for my administration,” says Newark Mayor Ras J. Baraka.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

Radiant will spend $15 million to renovate the 209 units of affordable housing in five phases, over eighteen months.

“Suburbanization is having a resurgence, and the period of urban growth and suburban decline may have been a short-term blip," says Rutgers University's Dr. James Hughes.

“Since acquiring the property, Soma and Northlight have worked diligently to make 5 Becker Farm Road into one of the most sought-after class-A office properties in Roseland, New Jersey,” says CBRE's Daniel Casey.

Watch our exclusive TV interview with Jeff Holzmann, managing director of funding platform iintoo.com.

The RPA report suggests the creation of T-REX could be done in three phases—the first phase would be the development of the “Crosstown Line” that would involve the construction of new tracks and tunnels under the East River to provide service between New Jersey and Long Island.

Prologis CEO Hamid R. Moghadam says the two portfolios are highly complementary.