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Don Ghermezian, CEO, Triple Five Group, in front of the American Dream Mall in East Rutherford (Triple Five Group, American Dream Mall, iStock)
Tri-State

American Dream lost $60M in 2021

The previous year didn’t wake up the American Dream mall owner from the financial nightmare it’s enduring. The New Jersey mall lost roughly $60 million in 2021, according to a securities filing reported by...

American Dream lost $60M in 2021
Industrial real estate (iStock)
National

U.S. industrial vacancy falls to 27-year low

Warehouse space nationwide is getting harder to find, if that’s possible, even as rent for it continues to rise....

U.S. industrial vacancy falls to 27-year low
Paterson councilperson Michael Jackson and 305-319 Pennsylvania Avenue in Paterson, NJ (City of Paterson, Google Maps)
Tri-State

Lawsuit targets 171-unit development in Paterson

A local councilperson running for mayor is joining several Paterson residents in saying a 171-unit development should not have...

Lawsuit targets 171-unit development in Paterson
A rendering of 15 West Johnson Avenue in Bergenfield (Kislak Company)
Tri-State

Bergen County apartments trade for $22M in 1031 exchange

A real estate tax break on the Biden administration’s chopping block is at the center of a $23 million...

Bergen County apartments trade for $22M in 1031 exchange
Amazon CEO Andy Jassy and 30 East Ridgewood Avenue in Paramus, NJ (Getty Images, Google Maps)
Tri-State

Amazon Fresh to open in Paramus

Paramus shoppers could be streaming into Amazon’s latest supermarket by the end of the summer. An Amazon Fresh supermarket at 30 East Ridgewood Avenue in the New Jersey town is expected to open in...

Amazon Fresh to open in Paramus
Andrew Scheinerman, Scott Davidovic and The VUE Hackensack at 295 Polifly Road (The Kislak Company, Illustration by Kevin Cifuentes for The Real Deal)
Tri-State

Jesse Sutton nabs NJ apartment building for $36M

Jesse Sutton’s Manhattan-based firm has picked up a luxury apartment building in Bergen County for $36 million. Sutton Equity...

Jesse Sutton nabs NJ apartment building for $36M

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