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Courier News

partner publisher · 14.4K followers
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Controversial Somerville townhouse plan returns with 34 homes

SOMERVILLE – A controversial plan to build 34 townhouses on the western border of the borough , now part of Somerville's affordable housing plan, will return this month to the borough's Planning Board. Bell Avenue Holdings LLC is scheduled to appear before the board Nov. 12 with a proposal to build 34 townhouses at 6-10 Bell Ave. in three buildings. Twenty-eight units would be sold at market rate, while six would be set aside as affordable units. In March, the Borough Council, following Planning Board review, formally adopted a plan to meet its affordable housing obligation for the next decade by zoning for development on Bell Avenue and Mountain Avenue . No formal plans have been submitted for the Mountain Avenue property. To meet the court-ordered affordable housing mandate, the zoning allows 34 townhouses on the 2.6-acre Bell Avenue property north of the NJ Transit tracks on Somerville's border with Raritan. Bell Avenue property has been subject of lawsuits The inclusion of the property in the borough's affordable housing plan and the rezoning of the parcel for multifamily development may help end a legal fight that began in November 2022. More: Somerville MVC to close permanently, move to Green Brook

Somerville, NJ · 2d

Shore News Network

publisher · 178.2K followers

A Look Inside Mikie Sherrill’s $3.5 Million Mansion for Sale, As NJ Governor Moves to Lower Her Own Costs

New Jersey’s governor campaigned on affordability, but her move into a state-maintained mansion, sale of...

New Jersey · 5d
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Gothamist

partner publisher · 28.5K followers
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$20 rent-control cap coming to Elizabeth, New Jersey

Aerial view of the streets of Elizabeth, New Jersey Voters approved the annual limit in this week's election. [ more › ]

Elizabeth, NJ · 18h

insidernj.com

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NJ Transit Advances 'Land Plan' and Gov Housing Strategy

NJ TRANSIT CONTINUES TO ADVANCE “LAND PLAN” AND GOVERNOR’S HOUSING STRATEGY WITH TRANSIT-ORIENTED DEVELOPMENT. Progress Made On Three Projects to Create New Homes, Support Station Area Communities in Jersey City, Bound Brook, and Morristown. NJ TRANSIT is advancing three transit-oriented development (TOD) projects in Jersey City, Bound...

Jersey City, NJ · 19h
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myfamilytravels.com

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The Changing New Jersey City Where Longtime Residents Say They Can No Longer Afford To Stay

More than half of the renters in one waterfront city pay over 30 percent of their income just for housing. That is a lot of paychecks going straight to the landlord. I can’t imagine budgeting for groceries after that. This New Jersey city has Manhattan skyline views, busy transit...

Jersey City, NJ · 5d

jerseydigs.com

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Trenton’s Former Middle School Site to Become 107 Affordable Senior Apartments

The New Jersey Economic Development Authority recently agreed to support the construction of a four-story senior housing complex at the former site of the Trenton Junior One Middle School in the state capital. The project, known as THA Senior, is located at 800 Martin Luther King Jr. Boulevard in Trenton’s...

Trenton, NJ · 23h

jerseydigs.com

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124-Year-Old Morris County Mansion Could Be Surrounded By Homes In New Redevelopment Plan

A 124-year-old mansion in Morris County could end up surrounded by new homes under a redevelopment proposal that would add as many as 38 residences to the historic property. The plan centers on the Baker Mansion at 45 Lehigh Street in Dover, where officials are considering a project that would preserve the building while allowing new housing on the surrounding land. The revised redevelopment plan is expected to go before the Town Council for approval on Tuesday, November 10.

Morris County, NJ · 1d

jerseydigs.com

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Kushner Real Estate Rebrands 6,200 New Jersey Apartments Under New ‘Chapter’ Brand

A developer with a major Garden State footprint is writing a new chapter as 6,200 apartments in New Jersey undergo a rebrand. Kushner Real Estate (KRE) has officially introduced Northern Chapter Company, or “Chapter” for short, to a collection of 13 New Jersey communities they’ve built. The portfolio includes seven communities in Jersey City, plus Bayonne, East Hanover, Hopewell, Madison, Marlboro, and Rockaway.

New Jersey · 23h

wrat.com

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Netflix’s $1B Fort Monmouth Studio Expected to Boost Jersey Shore Housing Market

Netflix is building a $1 billion production campus on the old Fort Monmouth military base in Eatontown and Oceanport, New Jersey. Real estate experts say the project could lift demand in the Monmouth County housing market. The Netflix campus will occupy more than 292 acres. The first phase should wrap...

Monmouth County, NJ · 13h

hoodline.com

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Elizabeth Voters Restore $20 Rent Cap by Landslide Amid Legal Fight

Elizabeth voters overwhelmingly said yes to bringing back a $20 cap on annual rent increases, with unofficial results showing roughly 68.8% support on a measure that will limit rent hikes for properties covered by the city's rent control rules to no more than 3% or $20 over a 12-month span, whichever is less. The tally stood at 8,814 votes in favor to 4,003 against as of the election.

Union County, NJ · 1d

wrnjradio.com

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New Jersey Treasury appoints two new investment leaders for private equity and real estate

TRENTON, N.J. — The New Jersey Department of the Treasury’s Division of Investment has announced the appointment of two new asset class heads, bringing decades of experience in private equity and real estate investment management to the division. Iris Zhao-Fiorello has been named head of private equity, while...

New Jersey · 1d

multihousingnews.com

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Distinctive Living JV Breaks Ground on $200M Senior Housing Conversion

This adaptive reuse project is set to redevelop a former corporate campus. The joint venture of Distinctive Living Development, Melillo Equities and PointsFive will officially break ground today on CopperWood Senior Living, a roughly $200 million luxury senior housing project in Peapack, N.J. The adaptive reuse endeavor will redevelop the...

Peapack And Gladstone, NJ · 2d

wolfmediausa.com

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News Release: Financing and equity arranged for Northern New Jersey seniors housing development

JLL Capital Markets placed the capital for Thrive at Roxbury, which will offer 175 units of independent living, assisted living and memory care in Roxbury Township, New Jersey. JLL Capital Markets arranged debt and equity for Thrive at Roxbury, a seniors housing development in Roxbury Township, New Jersey. Scheduled for...

Roxbury Township, NJ · 2d

morrisfocus.com

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David Tomlin Joins Newmark Associates

HANOVER TOWNSHIP — David Tomlin has joined Newmark Associates as a commercial real estate agent, specializing in industrial and flex properties. His experience spans market research, property analysis, prospecting, and property marketing, working directly with property owners, investors, tenants, and business owners throughout New Jersey. Tomlin began his career...

New Jersey · 15h

5townscentral.com

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NY Appeals Court Clears Path for Mamdani’s $500 Million Tax on Luxury Second Homes

A New York appeals court has cleared the way for NYC Mayor Zohran Mamdani to advance a controversial tax targeting expensive second homes, overturning a lower court ruling that had challenged how the measure was introduced. The proposed pied-à-terre tax, backed by Gov. Kathy Hochul and Mamdani, would apply to...

New York, NY · 1d

Herald Community Newspapers

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Scianablo, Vider win as voters decide races

Scianablo, Vider win as Five Towns voters decide races. Joe Scianablo unseated Hempstead Supervisor John Ferretti, Lisa Vider defeated state Sen. Patricia Canzoneri-Fitzpatrick, and Laura Gillen won re-election as Five Towns-area voters weighed in on key local, county and congressional races. According to unofficial results, U.S. Rep. Laura Gillen won...

Hempstead, NY · 2d

therealdeal.com

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Policy Pro: The NY election cheat sheet for real estate

Election Day could have major implications for New York real estate. Beyond the governor’s race, far-left and progressive candidates are making bids for the State Legislature — and one City Council seat — with platforms that seek to reshape housing development, rent regulation and tenant protections across the state.

New York · 4d

Herald Community Newspapers

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Malverne, West Hempstead and Lakeview election results 2026: Democrats secure key victories

Incumbent Democratic Gov. Kathy Hochul unofficially declared, victory over Republican challenger Nassau County Executive Bruce Blakeman on Nov. 3. Hochul campaigned on affordability, child care, tax relief, school safety and gun laws. “To you, the people of New York,” Hochul said, “thank you for once again putting your trust in...

Nassau County, NY · 2d

uticaphoenix.net

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New York Affordable Housing Awards Fund 2,233 Homes Statewide

New York affordable housing investments totaling $872 million will support 12 developments across New York City, the Mid-Hudson Valley, Central New York, the Capital Region and the Finger Lakes, part of the New York affordable housing awards announced by Gov. Kathy Hochul on October 30. The package includes $460 million...

New York · 6d