A popular Brick Township, Ocean County, shopping center sold for $7.25 million. The deal shows investor confidence in suburban New Jersey retail despite changing customer preferences and economic uncertainties. About six acres of Yorktowne Plaza has 41,000 square feet of retail space. The plaza has long offered Brick Township residents food, banking, medical, and specialist…
New high-end apartments in Union Township give Union County’s burgeoning area more housing. Landmark designed the 85-unit five-story rental complex. Late this year, it will open. Centurion Union Center’s new 968 Bonnel Court building features superb one- and two-bedroom apartments. They offer the best features for $2,395 a month. In December, the developer intends to…
Many enclosed New Jersey malls are no longer social hubs. Dark stores, empty hallways, and remodeling plans are typical. Boscov’s and Macy’s thrive in state’s decaying malls. Older merchants are quietly keeping foot circulation in malls that may feel abandoned, even as younger buyers favor online and outdoor shopping. Consider Camden’s Voorhees Town Center. Many…
Three new restaurants and gyms are part of West Orange Plaza’s multimillion-dollar facelift. VIO Med Spa, Quickway Japanese Hibachi, and Namkeen Hot Chicken Joint rent space in the 298,000-square-foot Whole Foods-anchored shopping mall on I-280 near Eagle Rock and Prospect avenues. Specializing in beauty and wellness, VIO Med Spa will establish its sixth New Jersey…
A popular Ocean County school named for Challenger astronaut Christa McAuliffe is now cheaper. After months of seeking and one unsatisfactory offer, the Jackson School District cut the minimum sale price of the historic Christa McAuliffe Middle School by $10 million to attract new bidders. The school closed permanently in June with a $54.5 million…
Three proposed proposed York City casino resorts may threaten Atlantic City’s lively boardwalk and packed casinos. New York wants full-scale gambling in the Bronx and Queens, altering gaming. New casinos should be resort-style like Atlantic City. Hard Rock near Citi Field, Resorts World at Aqueduct Racetrack, and Bally’s Ferry Point golf club in the Bronx…
A food truck called Tunkas Bolivian Baked Goods will launch in northern New Jersey. The Bolivian street food bakery will build a 911-square-foot Livingston café with distinctive meals. The bakery is famous for its salteñas, a classic Bolivian meat pie. Bolivian cakes with a golden, slightly sweet surface and savory, broth-filled inside are rare outside…
Bridge Industrial’s warehouse in Middlesex County, between Point Piscataway and Bridge, got a $27.1 million bridging loan. JLL Capital Markets put money into important logistics and industries. The Piscataway warehouse at 10 Constitution Avenue has 147,620 square feet of space and is easy to get to. The distribution and logistics building has 36-foot clear ceilings,…
After a former employee said he was fired for reporting startling remarks by a top executive, Campbell Soup Company is under severe scrutiny in a new lawsuit. The CEO was accused of mocking Campbell’s products and making inappropriate statements about coworkers in a tape. Robert Garza, a Michigan cybersecurity specialist who worked remotely for the…
The two-bedroom, two-bath ranch house is vacant after repair. Replacement of windows, siding, roofing, plumbing, electricity, HVAC, and heating. Walking-up attic, partial basement, and master bedroom with ensuite bathroom make the house excellent for living or renting. Home prices in Egg Harbor Township average $435,000. The refurbished residence rents for $2,500/month on site. Locals advise…
