Winners and losers of tax reform

The effects of the new tax reform vary greatly on a number of factors. The following is a list of those who will benefit from the legislation, and those who stand to lose big in the coming years.

NJ among biggest losers in tax reform, say trade groups, mayors

State politicians and trade groups have all railed against the new Tax Cuts and Jobs Act, saying it will ultimately drive down home prices and cause people to move out of New Jersey.

Zimmel inks four leases at Raritan Center

Brokerage firm Zimmel Associates announced it has inked four office leases at the Raritan Center in Edison.

Christie signs order requiring municipalities to accept 2018 tax payments early

Chris Christie, in one of his last moves as governor, signed an executive order to help ease the immediate blow of the recently passed Tax Cuts and Jobs Act.

Brooklyn Bagelry, Frutta Bowls signs leases near Aberdeen train station

Brokerage firm Pierson Commercial Real Estate recently announced it signed two retail tenants at the newly built Link at Aberdeen Station.

NAI Hanson completes transactions in Bergen County

Brokerage firm NAI James E Hanson recently announced it completed two transactions in Elmwood Park and Rutherford. The firm brokered a medical office lease in Rutherford and an industrial sale in Elmwood Park.

NJHMFA executive director to step down

After serving for more than seven years as the New Jersey Housing and Mortgage Finance Agency HMFA Executive Director, Anthony Marchetta, will be stepping down at the end of the month, the New Jersey HMFA announced today.

Cushman Wakefield arrange sale, financing in Northern NJ

Brokerage firm Cushman Wakefield recently announced the sale of a 517,466-square-foot office property in Parsippany and arranged the financing of a property in Woodcliff Lake.

Big retail, local artisans sound off on the benefits of partnership

When Trisha Bailey started her soap business four years ago, she never expected to see her product on the shelves of a brick and mortar store &#8212 much less a national chain like West Elm.

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Highview Homes, BNE combine for transit village in Aberdeen Start of leasing at Link at Aberdeen Station marks significant milestone for all parties

What was once a 20-acre site with a number of dilapidated warehouses and unused space joined with the Aberdeen-Matawan NJ Transit station will now be home to over 270 residential units. It is aptly named The Link at Aberdeen Station.

Trenton among top 10 rising housing markets Camden remains in decline

Trenton is among the top 10 regional housing markets in which home prices are continuing to rise above the long-term average rise in housing prices, according to Nationwide Insurance's most recent Health of Housing Markets Report.

Berger Organization plans major renovations to downtown Newark office tower

Berger Organization announced recently that a 450,000-square-foot office tower in downtown Newark is currently in the planning stages for extensive renovations.

Moving services firm to relocate to NJ from Staten Island

Commercial moving service firm Total Relocation Services has purchased a 20,095-square-foot industrial building in Irvington, brokerage NAI Hanson recently announced.

Sanitas to open first NJ center in collaboration with Horizon BCBSNJ

Sanitas Medical Center, an independent health care organization, will open the first of three medical centers in New Jersey on Monday during a ribbon cutting ceremony in collaboration with Horizon Blue Cross Blue Shield of New Jersey.

JLL to lease office building in Woodcliff Lake

Developer Hudson Equities recently announced it has selected JLL as the exclusive leasing agent for the 240,000-square-foot office building at 300 Tice Blvd.

Have a holly, jolly, opulent holiday season

Looking to put that special someone in the lap of luxury this holiday season? What follows are some exotic gift ideas that can be had without ever leaving the Garden State.

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Coalition sends Murphy its plan to find land

Restoration of the Urban Enterprise Zone, re-examination of the Garden State Growth Zones and changes to New Jersey&#8217s Economic Redevelopment and Growth Program were among the recommendations for Gov. -elect Phil Murphy put forth by the Smart Growth Economic Development Coalition at an event held Dec. 5 by NAIOP New Jersey.

Louis Berger tackles next disaster Puerto Rico

When Tom Lewis recently touched down in hurricane-ravaged Puerto Rico, what he saw on the way from the San Juan airport to the hotel where he and his team were headed seemed almost normal. The president of Louis Berger&#8217s U. S. division noticed some signs of damage &#8211 such as nonoperational traffic lights &#8211 but for the most part,. . .

Marcus Millichap Multifamily boom to continue through Q4, 2018

In its recently released Q4 2017 Local Apartment Report for northern New Jersey, brokerage firm Marcus Millichap said it expects the boom in multifamily to continue through Q4 and into 2018.

Construction metric indicates strong economy

The Associated Builders and Contractors&#8217 ABC reported that the Construction Backlog Indicator CBI set a record as it expanded to 9. 45 months during the third quarter of 2017, up 9. 8 percent from the second quarter to the longest backlog reading in the eight-year history of the series. CBI is up by 0. 8 months, or 9. 2 percent, on a. . .

MonGroup Properties completes leasing at Jaclyn Heights

Developer MonGroup Properties announced its final phase of Jaclyn Heights in West New York has been fully leased. The property, located at 5817 Jefferson Street, added 40 new rentals to the Jaclyn Heights complex and leased up within six months.

Bill Hanson named to 2018 NAI Global Leadership Board

NAI James E Hanson&#8217s president William C Hanson has been named to the Strategic Leadership Committee for the 2018 NAI Global Leadership Board, the brokerage firm recently announced.

Jefferson Cherry Hill Hospital wins Interior Design magazine competition

The design of the new Jefferson Cherry Hill Hospital Medical Office Building in Cherry Hill won an award in Interior Design magazinersquos Best of Year BoY Awards, beating out four other. . .

Kislak closes 140-unit sale in East Orange

Brokerage firm The Kislak Company announced today it completed the sale of several units across seven assets totaling 11. 75 million in East Orange. The brokerage worked exclusively on behalf of the seller, for the units located at 30 Beech Street, 46 South Arlington Avenue,. . .

CBRE completes sale of Oak Hill Park in Wayne

CBRE's team of Jeffrey Dunne, Jeremy Neuer and Travis Langer of CBRE Institutional Properties recently completed the sale of a 122,426-square-foot building in Wayne, the firm announced.

The ties that bind Brothers build bow tie business with grandfather's legacy in mind

What's old is new again. At least, that's what three brothers from Vernon have been counting on since founding a handmade bow tie business in honor of their late grandfather.

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The Lawbook Exchange renews lease in Clark

Developer Denholtz Associates recently announced The Lawbook Exchange has renewed its lease for 11,700 square feet at the Clark Commercial Center located at Central and Terminal avenues in Clark.

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Pharmaceutical services company opens new operational facility in South Brunswick

Woodfield Distribution WDSrx, a Florida-based pharmaceutical logistics provider, is opening a 63,500-square-foot space in South Brunswick.

The Lawbook Exchange renews lease in Clark

Developer Denholtz Associates recently announced The Lawbook Exchange has renewed its lease for 11,700 square feet at the Clark Commercial Center located at Central and Terminal avenues in Clark.

Princeton to get its first athletic lifestyle resort in Spring 2018

Life Time, a fitness and wellness company, announced recently it plans to open the first athletic lifestyle resort in the PrincetonPlainsboro area in Spring 2018.

Lukas Berube Healthy Pet Market to open in Montclair

The farm to table movement of the last few years is making its way to pet food bowls in Montclair this Friday as Lukas Berube Healthy Pet Markets celebrates its grand opening at 15 S. Fullerton Ave. The store aims to satisfy the growing demand for healthy, nutritious pet foods and unconventional pet products for the surrounding communities.

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Lukas Berube Healthy Pet Market opening in Montclair

The farm to table movement of the last few years is making its way to pet food bowls in Montclair this Friday as Lukas Berube Healthy Pet Markets celebrates its grand opening at 15 S. Fullerton Ave. The store aims to satisfy the growing demand for healthy, nutritious pet foods and unconventional pet products for the surrounding communities.

Eastern Union Funding launches new affiliated buyer division driven by success of affiliated brokers

Building on the success of its Affiliate Broker Division, Eastern Union Funding, a Howell-based commercial real estate mortgage brokerage firm, announced it has launched a new initiative the Affiliate Buyer Division.

Onyx Equities, Garrison Investment Group adds 285K sq. ft. to Bergen portfolio

A joint-venture between Onyx Equities and Garrison Investment Group announced Wednesday the acquisition of the leasehold interest in 61 South Paramus Road in Paramus. The joint-venture acquired the 285,000-square-foot office building from Mack-Cali.

JLL completes sale of One Newark Center for Mack-Cali, Praedium Group

Two days after NJBIZ reported on Cushman Wakefield securing 66 million in financing for Beijing Ideal Group, JLL announced it completed the sale of One Newark Center on behalf of Mack-Cali and The Praedium Group.

Jersey City welcomes its first table tennis club

Jersey City is welcoming its first table tennis club, Wang Chen Table Tennis Club, which will occupy 3,100 square feet at 31 River Drive, Newport Associates Development Group announced.

KV Realty's luxury unit project in Little Falls reports strong opening

Developer KV Realty LLC recently announced its 34-luxury unit project in downtown Little Falls, 44 Main, has reached 50 percent leased. The developer, who is working alongside Value Asset Management reached the milestone shortly after the building was officially opened.

Woodmont Properties executive named to Murphy's transition team

Developer Woodmont Properties announced Tuesday that executive vice president and general counsel Stephen Santola has been named to Gov. -elect Phil Murphy&#8217s transition team. Santola will serve in Murphy&#8217s housing advisory committee.

Alexander Property Holdings attracts tenants with Uber amenity

Gabe Alexander, CEO and founder of Alexander Property Holdings said he thinks 9 Polito Ave. in Lyndhurst has the potential to lead the charge in a new form of investment.

Real Estate Power 50 New Jersey real estate is firing on all cylinders

The NJBIZ Real Estate Power 50 lists professionals at the top of their game whose experience, determination, connections and business savvy are driving the dynamism that is real estate in northern, central and southern New Jersey today.

Avison Young arranges sale in Bridgewater

Real Estate firm Avison Young recently announced it arranged the sale of a 46,000-square-foot industrial building in Bridgewater.

Cushman Wakefield arranges financing for One Newark Center

Real estate firm Cushman Wakefield announced Friday that it served as the exclusive advisor to Beijing Ideal Property Development Co. in arranging 66. 58 million in financing for One Newark Center.

Concrete manufacturer, CPA firm expand in Fair Lawn

Real Estate brokerage firm Pagano Company recently announced it negotiated two lease expansions in Fair Lawn with ULMA Form Works Inc. and Bushoven Company CPAs.

Baker Building sign of emerging western sections

The vantage point from developer John D. Fio Rito's office inside the Baker Building is indicative of Jersey City's growth. Look to the right and you can see the contemporary steel towers populating the local waterfront and Manhattan's. To the unsuspecting eye, it appears to meld into one continuous skyline. To the left, you see the expanse of the. . .

QA with McGovern, managing partner at Connell Foley 'This is not my old Jersey City'

Phil McGovern is not shy about telling you his street address, church parish and the Jersey City neighborhood he grew up in. The managing partner at the law firm Connell Foley fondly recalls the vibrant mix of ethnicities and middle-class working folk that gave the city its character. McGovern has stayed close to his roots, even as he has built a. . .

Despite strong Black Friday, retail rethink must continue

The numbers indicate Black Friday was something for which retailers could be thankful. And most tellingly, more shoppers were perusing deals on their phones while their turkey digested than were lining up for Friday&#8217s door busters.

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Off the waterfront Incentivizing new growth in Jersey City

Jersey City wants to broaden its development plans and is looking at a variety of ways to do so. And with Mayor Steve Fulop&#8217s re-election recently secured, the game plan at City Hall is to encourage a replication of the success downtown and along the waterfront with projects in the city&#8217s western sections.

Snack Innovations moves to Middlesex County with EDA help

Yet another food company in search of more space made the trans-Hudson jump from New York to New Jersey recently, according to the New Jersey Economic Development Authority.

R.J. Brunelli announces several leases throughout NJ

Brokerage firm R. J. Brunelli Co. recently announced the completion of several leases throughout the state.

R.J. Brunelli announces several leases throughout NJ

Brokerage firm R. J. Brunelli Co. recently announced the completion of several leases throughout the state.

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SeaCube Container Leasing names chief commercial officer

Woodcliff Lake-based SeaCube Container Leasing Ltd. , a global container leasing company, announced Wednesday it has named Jim Kachidurian its new chief commercial officer.