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Christie Administration Announces $3 Million Grant To Help Local Zoning Officers Expedite Sandy Reconstruction
Trenton, NJ - October 3, 2013 - (RealEstateRama) -- The Christie Administration today announced $3 million in federal grant assistance for Sandy-impacted municipalities to help their zoning offices better handle the influx of rebuilding applications that are starting to arrive. The grants will help towns hire additional staff and rent larger space for their zoning offices to better meet the needs of homeowners, businesses, and rental property owners who need zoning permits to rebuild
Christie Administration Expands ‘reNew Jersey Stronger’ Housing Initiative With $70 Million Landlord Rental Repair...
Trenton, NJ - July 24, 2013 - (RealEstateRama) -- The Christie Administration today launched a $70 million Landlord Rental Repair Program to provide grants to help rental property owners repair, reconstruct or elevate rental units damaged by Superstorm Sandy. The program is part of the ‘reNew Jersey Stronger’ Housing Initiative, and will provide up to $50,000 per unit to be made available at affordable rental rates. Eligible owners of rental property in the 9 most-impacted counties from Sandy will be prioritized, but the grants will be available for rental properties damaged by the storm in all 21 counties. It is anticipated the program will benefit approximately 1,500 rental units.
Menendez, Boxer, Kohl Call On United Guaranty To Help More Homeowners Refiance
Washington, D.C. - July 2, 2012 - (RealEstateRama) -- U.S. Senators Barbara Boxer (D-CA), Bob Menendez (D-NJ) and Herb Kohl (D-WI) today sent a letter to Kim Garland, the CEO of mortgage insurer United Guaranty Corporation, urging him to reconsider the company’s policies that are limiting or preventing homeowners from being able to refinance at today’s record low rates
PRISM JOINT VENTURE ACQUIRES 180,000-SQ.-FT. BERGEN COUNTY INDUSTRIAL BUILDING
ELMWOOD PARK, N.J. - June 27, 2012 - (RealEstateRama) -- Prism Capital Partners LLC and The Davis Companies have teamed up to acquire 41 Slater Drive, a 180,000-square-foot industrial building in Elmwood Park, from an affiliate of paper products manufacturer Marcal, announced Prism Principals Eugene Diaz and Edwin Cohen. The all-cash transaction was brokered by Thomas Carragher of Studley.
CUSHMAN & WAKEFIELD ORCHESTRATES SALE OF 65 CLYDE ROAD IN SOMERSET, N.J.
SOMERSET, N.J. - June 22, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield, Inc. has orchestrated the $10.7 million trade of 65 Clyde Road in Somerset. TA Associates Realty purchased the 159,000-square-foot industrial property from Cornerstone Real Estate Advisers.
CUSHMAN & WAKEFIELD LAUNCHES MOBILE MAINTENANCE IN NEW JERSEY
EAST RUTHERFORD, N.J. www.twitter.com/carylcomm Commercial real estate services firm Cushman & Wakefield, Inc. has launched its Mobile Engineering and Maintenance services platform in New Jersey. This program, spearheaded by the firm’s Corporate Occupier & Investor Services Group (CIS), provides variable and affordable repair and maintenance services to owners and tenants of commercial, industrial and retail properties.
BANK OF TOKYO CONTINUES TO GROW IN JERSEY CITY WITH 100,274-SQ.-FT. EXPANSION LEASE
JERSEY CITY, N.J. - June 20, 2012 - (RealEstateRama) -- In another clear sign that the financial community continues to find a home and grow on the Hudson River waterfront, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) has signed a 17-year, three-month expansion lease for 100,274 square feet at Harborside Financial Center. The subsidiary of Mitsubishi UFJ Financial Group, represented in the transaction by Cushman & Wakefield, Inc., now occupies nearly 262,000 square feet at the 725,600-square-foot Harborside Plaza 3.
Governor Chris Christie Highlights Direct Property Tax Relief for New Jersey Seniors
Trenton, NJ - July 21, 2011 - (RealEstateRama) -- Highlighting the direct relief provided to New Jersey seniors in his Fiscal Year 2012 Budget, Governor Chris Christie today met with senior Sultana Kizides at her home in Perth Amboy to have a conversation about how his budget maintains fiscal discipline while prioritizing and funding core priorities to assist New Jersey seniors
New Jersey Home Keeper Program will Aid between 2,500 – 4000 Households Statewide
Trenton, NJ - September 23, 2010 - (RealEstateRama) -- The Christie Administration announced today that New Jersey will receive $112 million in federal funding for anti-foreclosure assistance to help struggling homeowners.
Attorney General Announces Mortgage Fraud Lawsuits
TRENTON, NJ - July 15, 2009 - (RealEstateRama) -- Continuing the State’s effort to combat mortgage-related fraud, Attorney General Anne Milgram announced today the filing of two new lawsuits charging a total of 10 individual and corporate defendants with selling bogus loan modification services to distressed homeowners.
Property Tax Reimbursement Checks on the Way
Checks reach record high average of $1,044
TRENTON, NJ - July 15, 2008 - (RealEstateRama) — Governor Jon S. Corzine and State Treasurer David Rousseau...
First Round of Homestead Rebate Checks to be Mailed
Governor Jon S. Corzine and State Treasurer Bradley Abelow announced, July 30, 2007, that the Division of Taxation will begin mailing Homestead Rebate checks tomorrow...