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Multi-Family goes out with a Boom in March with almost $100 Million in Investment...

Known for coming in like a lion, March went out with a boom with almost $100 million in multi-family transactions arranged by Gebroe-Hammer Associates. The 13 trades involved a total 816 units located within the Northern and Southern New Jersey/Philadelphia corridor, extending from Sussex to Bucks County.

Pallone Announces Additional $3.862 Million for Woodbridge Buyouts and Demolitions

This grant comes in addition to $5.575 million already allocated to the buyout and demolition of properties in Woodbridge.

MAST CONSTRUCTION SERVICES CELEBRATES 15TH ANNIVERSARY

MAST Construction Services, Inc. (www.mastconstruction.com), an award-winning, Little Falls, NJ-based project and construction management services and owner's representative firm, today announced a major milestone: the company will celebrate its 15th year in business this June.

Expectations High for Spring Selling Season

The market is gearing back up for the traditionally busy spring season and statewide data for the first quarter of the year shows that a healthy and energetic housing market is likely over the next few months for both buyers and sellers, with many pending sales and new listings in the pipeline

Gebroe-Hammer Associates Reps Seller and Buyer in $11.2 Million Trade of Shore Hill Apartments

The investment brokerage firm Gebroe-Hammer Associates recently arranged the $11.2 million sale of 80 units at Shore Hill Apartments in Mount Arlington, N.J., located in western Morris County. The brokerage team of Stephen Tragash, senior vice president, and Joseph Brecher, managing director, exclusively represented the seller, the original developer who owned the property for approximately 40 years, and procured the buyer

ANGELINI NAMED “LEGISLATIVE CHAMPION” BY NJ ASSOCIATION OF MENTAL HEALTH AND ADDICTION AGENCIES

Assemblywoman Mary Pat Angelini is being honored by the New Jersey Association of Mental Health and Addiction Agencies (NJAMHAA) for her strong leadership in helping prevent and treat substance use and mental disorders in youth and adults throughout New Jersey. NJAMHAA will present Angelini with the “State Legislative Champion for Improving Treatment Award” on April 15, 2015 at its Compassion Awards Reception in Woodbridge, NJ.

New Jersey Division of Consumer Affairs Cites 31 Home Improvement Contractors for $397,776 in...

The New Jersey Division of Consumer Affairs today announced that, during the first quarter of 2015, it has issued Notices of Violation to 31 contractors, seeking $397,776.60 in consumer restitution and civil penalties. “The arrival of Spring signals the traditional start of New Jersey’s home improvement season and we are urging consumers to thoroughly review potential contractors before hiring someone to do work on their homes,” Acting Attorney General John J. Hoffman said.

Christie Administration Announces RREM Information Session in Middlesex County to Assist Homeowners Hard Hit...

In its continued effort to meet and assist Sandy-impacted families right in their home communities, the Christie Administration today announced that the 14th Information Session will be held Monday, April 6th, in Sayreville, Middlesex County, to provide personal assistance for storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program

Gebroe-Hammer Associates Brokers Two Multi-Family Sales Totaling 60 Units in Plainfield, NJ

-In the Plainfield/Union County, N.J., multi-family market, rent growth and occupancy rates are at their strongest levels in years, according to the brokerage professionals at Gebroe-Hammer Associates, which recently arranged two trades involving a total of 60 units. Gehane Triarsi, area market specialist, reports both buyers plan to render the properties more competitive in a city that had its highest-ever recorded population increase between the 2000 and 2010 census period

Newly Renovated Café Opens at 40 and 50 Union Avenue Medical/Professional Office Campus in...

DeNeal’s Café & Grill at 40 and 50 Union Avenue Medical/Professional Office Campus recently marked its grand opening on the ground floor of the eight-story, 52,000-square-foot 50 Union Ave., office tower. The café, which is just steps from the adjacent four-story, 20,000-square-foot 40 Union Ave. building, is operated by Alesia Williams, a 17-year food service industry veteran.

Freeholders Maintain Preservation Trust Fund Tax

Based on a resolution approved by a 7-0 vote of the freeholders on Feb. 25, the dedicated tax this year will be set again at 1 cent per $100 of assessed property value and generate about $9 million. The Morris County Park Improvement Tax will receive the first one-quarter cent or approximately $2.2 million. This special tax collection was approved by Morris County voters via referendum in 1998.

Governor Christie: We Want To Get You Back In Your Home As Quickly As...

Boy Scout: HI Mr. Governor. My name is Zachary Seemar and I am 12 years old. I am 12 years old from Bricktown Troop 33. My family and I are victims of Super Storm Sandy and I have been living in a camper that we bought in place of what is left of our home for almost 2 and a half years now. I would like to ask you if you are aware of how difficult Bricktown’s permits review process is for families like ours trying to rebuild and if there is anyone at the state level we can go to for assistance.

Christie Administration Announces Rental Assistance Program for Sandy-Impacted Homeowners is Now Accepting Applications

The New Jersey Housing and Mortgage Finance Agency (HMFA) today began accepting applications for the Rental Assistance Program (RAP) to help homeowners in the state’s major home rebuilding programs pay for temporary housing while their primary residences are undergoing repair or elevation

FIOCCHI BILL CALLS FOR CRDA TO RETURN UNSPENT FUNDS TO ATLANTIC COUNTY FOR PROPERTY...

To provide property tax relief to the hard-hit South Jersey region, Assembly Republican Sam Fiocchi has sponsored legislation to return unexpended grant money from the Casino Reinvestment Development Authority (CRDA) to Atlantic County.

Protecting Your Home: Consumer Tips on Hiring a Home Improvement Contractor or Home Elevation...

Acting Attorney General John J. Hoffman and the New Jersey Division of Consumer Affairs continued the commemoration of National Consumer Protection Week with advice for consumers on hiring a home improvement contractor or home elevation contractor.

Flood Map Meeting to Take Place in Newark March 4

WASHINGTON, D.C. - March 4, 2015 - (RealEstateRama) -- During the past year and a half, the Federal Emergency Management Agency (FEMA) Region II office has released updates to the flood hazard maps, known as Flood Insurance Rate Maps (FIRMs), for New Jersey’s coastal communities. The FIRMs identify areas of flood risk in these coastal communities

Sandy Recovery- Christie Administration Announces RREM Information Session in Ocean County to Assist Homeowners...

Continuing its ongoing efforts to assist Sandy-impacted families in rebuilding their storm-damaged homes, the Christie Administration today announced that the 11th information session rescheduled because of inclement weather will be held Monday, March 9th, in Seaside Park, Ocean County, to provide personal assistance for storm-affected homeowners participating in the Reconstruction, Rehabilitation, Elevation and Mitigation (RREM) Program

Governor Christie Delivers FY 2016 Budget Proposal

On February 24, Gov. Chris Christie presented his Fiscal Year 2016 budget proposal to a joint session of the New Jersey State Legislature. In his speech, Christie announced his proposed budget for the next fiscal year totals $33.8 billion and contains a 3.8 percent revenue increase due to an uptick in state economic activity leading to higher generation of state revenues. The Governor also indicated his budget proposal contains an additional $1.3 billion pension payment and calls for additional pension and benefit reforms.

NAR Responds to FAA’s Proposed Rule for Drones

On Sunday, February 15, the Federal Aviation Administration released its long-awaited proposal for governing small commercial drones, setting a plan for remote-controlled aircraft to share the skies with passenger planes

Municipal Officials Take Aim at Problem Properties Plaguing NJ

Municipal officials from across the state convened at a forum in South Jersey to explore best practices for managing vacant and abandoned problem properties Local decision makers including mayors, councilmembers, and department heads participated in the day long forum will assist them in developing a problem property strategy in their communities.

Popular Government & Nonprofit Press Releases

Lautenberg Announces Millions in New Funding for Housing in New Jersey

WASHINGTON, D.C. - March 18, 2009 - (RealEstateRama) — Today, Senator Frank R. Lautenberg (D-NJ) announced millions of dollars in new funding for New Jersey’s public housing authorities to rehabilitate and modernize public housing units in New Jersey. The capital improvement money was included in the American Recovery and Reinvestment Act signed into law by President Obama.

Recent Government & Nonprofit Press Releases

Norcross Announces $200K+ for Affordable Housing in Camden

U.S. Congressman Donald Norcross (NJ-01) today announced that Saint Joseph’s Carpenter Society will receive $207,500 in federal funding from the U.S. Department of Housing and Urban Development’s (HUD) NeighborWorks America program to help provide affordable housing in Camden.