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News
JLL Capital Markets Led Sales Efforts for 100-Unit Multifamily Community Sale in New Jersey
1+ week, 4+ day ago (521+ words) Yield PRO JLL Capital Markets announced that it has closed the sale of Valley View Apartments, a 100-unit multifamily community in Paterson, New Jersey. JLL represented the seller, Redwood Associates, an affiliate of Value Companies, Inc., in the transaction. EOM…...
Esen reveals renderings, team for $1.5B Jersey City development
2+ week, 3+ day ago (332+ words) View of the plaza looking south at Esen coming to Jersey City. PROVIDED BY JERSEY CITY Jessica Perry//August 26, 2026// Esen has revealed first looks at its $1.5 billion mixed-use project coming to Jersey City, along with the project team behind it....
Developer touts rent growth for stabilized apartment tower in Jersey City
2+ week, 4+ day ago (198+ words) 25 Aug 2026 | 14:15 | Summit | by Real Estate Alert staff The 2024-vintage property is in a market where rates have grown nearly 7% annually since 2021 Newmark’s race to join the leaders of the advisory pack Bug or feature? Rethinking the UK property fund narrative…...
CBRE secures $109.5M in permanent financing for 425 Summit in Journal Square district
1+ mon, 15+ hour ago (162+ words) 425 Summit in Jersey City. - CBRE CBRE, one of the world’s largest commercial real estate services and investment firms, announced Aug. 12 that it had arranged $109.5 million in permanent financing on behalf of a joint venture between Spitzer Enterprises and Arden Group…...
Kelman Winston & Vallone PC relocates to newly built office space on the 14th floor of 520 Eighth Ave.
1+ mon, 2+ week ago (267+ words) Manhattan, NY GFP Real Estate said that New York-based law firm Kelman Winston & Vallone PC has signed a five-year, four-month lease for 2,695 s/f on the 14th floor of 520 Eighth Ave. Kelman Winston & Vallone will relocate from to newly improved office…...
Wealthy New Yorkers are snapping up rent-stabilized apartments
1+ mon, 2+ week ago (138+ words) Affluent renters occupy approximately ten percent of the total stabilized inventory, securing significant monthly savings compared to current market rates. Real estate experts and housing advocates debate the effectiveness of the current system amid new rent freeze policies driven by…...
C&W: Jersey City office building adds seven tenants in post-sale flurry of leasing activity
1+ mon, 2+ week ago (242+ words) The new owners of a Jersey City office building are seeing a fresh wave of tenant demand, securing nearly 24,000 square feet of leasing activity in less than four months. Cushman’s David DeMatteis, Mina Shehata and Patrick Dean represented ownership in…...
Why Some $5 Million Manhattan Apartments Outperform $15 Million Apartments
1+ mon, 2+ week ago (728+ words) Conventional wisdom suggests that if a $5 million apartment is a good investment, then a $15 million apartment must be an even better one. In my experience, that isn’t necessarily true. After advising buyers and investors in Manhattan for 20 years, I’ve found…...
New Renderings Reveal 1,483-Unit Skyscraper at 3000 John F. Kennedy Boulevard in Journal Square, Jersey City
1+ mon, 2+ week ago (131+ words) By: Michael Young and Matt Pruznick 8:00 am on July 27, 2026 3000 John F. Kennedy Boulevard. Designed by C3D Architecture. The property is currently occupied by a three-story commercial structure that will require full demolition. 3000 John F. Kennedy Boulevard, circa October 2025. Image via Google Maps. 3000 John…...
For Thousands of New York City Apartment Buildings, the Math Doesn't Math
1+ mon, 2+ week ago (1366+ words) This year’s rent freeze is just the latest regulation pushing New York City’s rent-stabilized housing stock toward financial and physical collapse....