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| Latest Real Estate News for New Jersey
The Business of New Jersey Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online (GlobeSt.com)
SADDLE BROOK, NJ-Approximately 97,000 sf of new leases and renewals were signed recently at Park 80 West here. Cheryl Hardt, first vice president with CB Richard Ellis, represented the landlord, L&L Park 80 LLC in the transactions. Specific terms of the transactions were not disclosed.
What to do with Ground Zero (Online Journal)
The latter will give you a brief history of the real estate boondoggle that has left the 16-acre site with construction stops and starts, a 36-page PDF by the Port of Authority of New York and New Jersey about what went wrong, and the bottom line that the memorial to the lost of 9/11 will not be open on time for the 10th anniversary, that?s September 11, 2011, as previously announced.
The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online (GlobeSt.com)
NEW YORK CITY-In the first public discussion of the progress report on World Trade Center rebuilding ordered by Gov. David Paterson, the head of the Port Authority of New York and New Jersey reiterated the report?s basic message: The entire process will take longer than projected and a new, more realistic timetable must be devised.
The Business of New Jersey Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online (GlobeSt.com)
LIVINGSTON, NJ-CIT Group Inc. is exiting the home lending business with the sale of $9.3 billion worth of assets and related servicing operations to Lone Star Funds. Lone Star will provide $1.5 billion in cash and will assume $4.4 billion of outstanding debt and other related liabilities.
New Big-Box Store May Make East Harlem a Target Market (The New York Sun)
Ikea isn't the only new "big-box" store in New York City that may have a significant impact on the neighborhood around it. Manhattan's first Target is scheduled to open next year at a shopping plaza at 116th Street and the FDR Drive, and experts say it may be just the ticket to kick-start real estate prices in East Harlem. East Harlem lags behind West Harlem in terms of home prices, according to ...
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