articles by Mario Marroquin

Michael DeMarco

The Mack Daddy: CEO of NJ REIT Mack-Cali on the future of suburbia

Despite Mack-Cali’s recent board member defections and a $22 million net income loss posted in the second quarter, company...

The Mack Daddy: CEO of NJ REIT Mack-Cali on the future of suburbia
Jose Cruz

Inside the merged offices of JLL and HFF, according to one broker

In early July, Jones Lang LaSalle closed on its landmark deal to acquire one of its biggest competitors in...

Inside the merged offices of JLL and HFF, according to one broker
Concept plans for 'The Halo' at 289-301 Washington Street and Meridian Capital Investment's David Schechtman - provided by Meridian Capital Investments/ Minno Wasko

Developer seeks $40M for Opportunity Zone site in downtown Newark

Less than two years after acquiring a 0.62-acre site in downtown Newark, a developer has tapped Meridian Capital Group...

Developer seeks $40M for Opportunity Zone site in downtown Newark
Roseland-based Munrick Property Group pens 1k apartment unit disposition - provided by CBRE

Who needs New York? Garden State multifamily portfolio trades for $146M

A seven-property multifamily portfolio in Northern New Jersey has been sold to an unnamed international investor for $146 million. CBRE...

Who needs New York? Garden State multifamily portfolio trades for $146M
Douglas Elliman opens second office in Fire Island, adds Martha Gundersen to Bridgehampton office - Don Fick/Wikimedia Commons, Brown Harris Stevens

Douglas Elliman adds veteran Hamptons broker, opens second Fire Island office

Having overtaken its rivals to become the top residential brokerage in New York City, Douglas Elliman is now setting...

Douglas Elliman adds veteran Hamptons broker, opens second Fire Island office
1209 Ocean Terrace in Seaside Heights, also known as the "Jersey Shore" House - Courtesy of Booking.com

“Jersey Shore” is back — and you can fist pump in its hometown for $3K per night

Seaside Heights has sought to reinvent itself in recent years, but even as the barrier island borough embarks on new redevelopment initiatives, another summer...

“Jersey Shore” is back — and you can fist pump in its hometown for $3K per night
Another day, another big development deal in New Rochelle

Another day, another big development deal in New Rochelle

A little more than a year after its approval, a pair of developers have secured financing for a $190...

Another day, another big development deal in New Rochelle
Median sales price across residential assets in Fairfield County - Douglas Elliman

At midyear, a modest contraction in Fairfield County’s resi market

Residential sales remained mostly flat in Fairfield County at the end of the second quarter, although there were some...

At midyear, a modest contraction in Fairfield County’s resi market
Eyeing multifamily market, CBRE hires its own Sam Zell

Eyeing multifamily market, CBRE hires its own Sam Zell

With New York recently pushing through rent reforms that have turned the city’s real estate world on its head,...

Eyeing multifamily market, CBRE hires its own Sam Zell
Mack-Cali sells Paramus office property, Murphy enacts land bank reforms & more North Jersey real estate news

Mack-Cali sells Paramus office property, Murphy enacts land bank reforms & more North Jersey real estate news

Mack-Cali offloads fully leased Paramus office building Garrison Investments and Onyx Equities announced Monday their acquisition of a 373,320-square-foot office building in Paramus, NJBIZ...

Mack-Cali sells Paramus office property, Murphy enacts land bank reforms & more North Jersey real estate news
New heights for Everest as insurer inks North Jersey’s largest lease deal of 2019

New heights for Everest as insurer inks North Jersey’s largest lease deal of 2019

In what amounts to the largest lease in Northern New Jersey so far this year, Everest Reinsurance has inked...

New heights for Everest as insurer inks North Jersey’s largest lease deal of 2019
Gebroe-Hammer president Ken Uranowitz and the Jersey City skyline (Dan DeLuca/Flickr).

Amid NY rent reforms, NJ brokerage touts opportunities across the Hudson

A month after handling the $59 million sale of a 232-unit portfolio in Union County, New Jersey, local brokerage...

Amid NY rent reforms, NJ brokerage touts opportunities across the Hudson
North Star Commercial's stie at 240 North Avenue in Downtown New Rochelle and Thomas Donovan.

This Westchester development site just hit the market seeking nearly $30M

A limited liability company has hired Paul Massey’s B6 Real Estate Advisors to market a commercial building and a...

This Westchester development site just hit the market seeking nearly $30M
Residential median sales prices in Westchester County by property type

At years’ halfway point, Westchester sees a rebound in residential sales

While the single-family market in Westchester County has rallied from its 2018 slowdown, a report released Thursday shows that...

At years’ halfway point, Westchester sees a rebound in residential sales
Sherwood Arms Apartments in Stratford and MLK Real Estate Capital Co Founder and Managing Partner Solomon Kinraich

Rentals still rule in Connecticut as multifamily portfolio trades hands

A New York-based private equity firm and a multifamily investor recently closed on their $24 million acquisition of a...

Rentals still rule in Connecticut as multifamily portfolio trades hands
Newark office building sold in an OZ, Garden State’s industrial market stays hot & more North Jersey real estate news

Newark office building sold in an OZ, Garden State’s industrial market stays hot & more North Jersey real estate news

Newark office tower within Opportunity Zone finds a buyer Newmark Knight Frank announced Tuesday the sale of 550 Broad Street in downtown Newark, NJBIZ reported. The...

Newark office building sold in an OZ, Garden State’s industrial market stays hot & more North Jersey real estate news
Jon Bon Jovi and 722 Navesink River Road

Bon Jovi’s Robert A.M. Stern-designed New Jersey mansion is on the market

A 15-acre estate designed by New York-based architect Robert A.M. Stern in the Monmouth County township of Middletown was...

Bon Jovi’s Robert A.M. Stern-designed New Jersey mansion is on the market
From left to right: George Comfort & Sons president and CEO Peter Duncan and Thomas Madden, director of economic development for the City of Stamford, with 677 Washington in the background

NYC developer looks to double down on WWE’s new Connecticut home

The WWE could be getting some company at its new Stamford headquarters. Peter Duncan of Manhattan-based George Comfort &...

NYC developer looks to double down on WWE’s new Connecticut home
Somerville moves forward with 31-acre transit village, Woodcliff Lake office property sold for $36M & more North Jersey real estate news

Somerville moves forward with 31-acre transit village, Woodcliff Lake office property sold for $36M & more North Jersey real estate news

Somerset Development buys 31-acre site in Somerville New Jersey Transit completed the transfer of ownership Monday of a 31-acre tract in the Borough of Somerville to...

Somerville moves forward with 31-acre transit village, Woodcliff Lake office property sold for $36M & more North Jersey real estate news
Sotheby’s expands in Greenwich by absorbing top local broker’s shop

Sotheby’s expands in Greenwich by absorbing top local broker’s shop

David Ogilvy, perhaps best known for his role handling the record-setting $120 million sale of Connecticut’s Copper Beech Farms in...

Sotheby’s expands in Greenwich by absorbing top local broker’s shop
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