Real Estate

​ROI-NJ Names Paladino Top Real Estate Developer in NJ​

NEW BRUNSWICK, NJ - ​For decades, the New Brunswick Development Corporation (DEVCO) has been making ​tremendous ​strides to make the Hub City a great place to be, and people around the state ​continue to take notice.

On October 30, the real estate magazine ROI-NJ named DEVCO’s president, Chris Paladino, as the top real estate ​professional for New Jersey in 2017.

​Besides many other concurrent projects, Paladino is overseeing the construction of the New Brunswick Performing Arts Center (NBPAC), a $172 million, 23 story mixed-use development that will be the centerpiece of the downtown performing arts district.

Sign Up for E-News

It will house the George Street Playhouse and Crossroads Theatre, the American Repertory Ballet and a detachment of the Mason Gross School of the Arts at Rutgers​ University​, in addition to 207 apartments and 30,000 square feet in office space.

“The New Brunswick Performing Arts Center is an example of Devco and our City’s expertise in leveraging public-private partnerships for maximum benefit to our community as we further our commitment to the arts, housing, economic development, education and job creation,” New Brunswick Mayor James Cahill sai​d.

Paladino is also overseeing the construction of The Hub @ New Brunswick Station, a 1.7 million square feet, mixed-use development project at the former site of the Ferren Mall.

DEVCO ​has ​also spearheaded the construction of several projects at Rutgers-New Brunswick, including the Rutgers Honors College, the 14-story Sojourner Truth Apartments (also known as The Yard @ College Avenue), and the Rutgers Academic Building.

Cahill credited DEVCO’s efforts in the city as making a “Renaissance” possible for New Brunswick.

Looking to the future, Paladino is working with local officials to move full steam ahead to attract Amazon’s HQ2, a second headquarters, to the Hub City, which would potentially set up shop at The Hub.

“New Brunswick is the clear choice of New Jersey,” Paladino said. "Mass transportation, Rutgers engineering and business school graduates, a walkable city, restaurants, theater district and an engaged, supportive local and county government.”

​ROI-NJ ranked ​Paladino ahead of Jeff Bezos, founder and CEO of Amazon, who’ll have the final say in where to place the retail giant’s second headquarters, be it New Jersey or elsewhere.

Taking his talent beyond New Brunswick, Paladino​is also helping with Atlantic City’s redevelopment, including the 700,000​-​square​-​foot Gateway Project, which will include a campus center and student housing for Stockton University.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

East Hanover/Florham Park

Improvements Planned for Two Busy 90 Year Old Morris County Bridges, One in Florham Park

April 19, 2018

Morris County, in coordination with the North Jersey Transportation Planning Authority and New Jersey Department of Transportation, is conducting studies to determine improvements needed for the Columbia Turnpike Bridge in Florham Park and the Valley Road Bridge in Long Hill and Bernards Township, at the Morris and Somerset counties’ border.

Columbia Turnpike ...

Surf City Hotel's Application Rejected By the Surf City Land Use Board for Outdoor Dining

April 18, 2018

SURF CITY - There has been a lot of positive change going on at the Surf City Hotel the last two years and especially this off season. New owner Greg Gewirtz, his wife Colleen and other family members have been working hard completing renovations to improve the hotel, bar, liquor store, restaurant and night club.

The owners were hoping those improvements would include approval to set ...

Travels Update - Long Beach Island Summer Shuttle No Longer A Free Ride

BRANT BEACH - The Long Beach Island Shuttle, an extremely popular service for visitors and residents of Long Beach Island, will have a fee for the first time beginning Memorial Day weekend. 

The Long Beach Township Board of Commissioners made the announcement at their meeting on Monday, April 9. 

Here is the overview on the fees:

One-way shuttle rides from 10 a.m. to 10 p.m.

Baby Seal Waddles Its Way onto Belmar Beach

BELMAR, NJ — A baby seal waddled its way onto the Fifth Avenue beach earlier today to enjoy one of the warmest days of spring so far.

Around noon on April 12, photographer Nancy Orlowski took these snapshots, which have also been posted on the Belmar Facebook page where it states that the Conserve Wildlife Foundation of New Jersey has been notified.

This is the second known instance ...

Save This Travel Date - The Asbury Park Music and Film Festival - April 27 - 29

TAPintoTravels - Asbury Park, New Jersey will host their 4th annual Music and Film Festival on April 27 - 29.

What is better than hanging out in a beach town while listening to good music, watching great films, and all while supporting some great charities? Okay, maybe doing in mid-summer is a little better.  We imagined they tried, but what ...

Travels - Friends of Belmar Harbor: Seeking Junior Sailors and Campers for Summer Programs

BELMAR, NJ — Children can learn how to sail or discover the wonders of the Shark River during two programs to be held weekly this summer by Friends of the Belmar Harbor.

Registration now is open for FOBH’s Junior Sailing and Discovery Camp programs, which will be held from June 18 through August 30 as weekly offerings. Sign up by April 1 and receive a 15 percent discount on ...

Hop To It And Get A Jump On This Summer's Amusement Park Fun

NEW JERSEY - Easter means egg hunts, egg decorating, an overabundance of chocolate and of course Peeps, but if you're a Jersey guy or gal there is something else on the agenda for this Easter weekend; scoring discounted tickets for the Garden State's amusement attractions. Yes, pretty much all of the popular New Jersey amusement attractions offer deals on tickets for the upcoming summer ...

Upcoming Events

Carousel_image_288b081c369525ca41be_img_0792

Fri, April 20, 5:00 PM

Madison Area YMCA - Gymnastics Center, Madison

Y Ninja For A Cause

Giving Back Other

Carousel_image_82ae67ce849a82b5418e_wine_3

Fri, April 20, 6:30 PM

New Jersey Vasa Park, Budd Lake

CEC's Wine Tasting and Silent Auction

Food & Drink Giving Back

Sat, April 21, 12:00 PM

NJ Shakespeare Theatre Support Facility, Florham Park

Backstage Tour of the NJ Shakespeare Theatre

Arts & Entertainment

Hanover Park Sends Love to Marjory Stoneman Douglas Students

April 17, 2018

EAST HANOVER, N.J.- Students at Hanover Park High School continue to show love and support to the families of Marjory Stoneman Douglas High School in Parkland, Florida. Earlier this year, students, under the supervison of Carly Marcketta and Stephanie Keat created a video  and sent to the students supporting the #MSDStrong campaign.

A few days later, the students ...

Obituaries

Beverly Jean (Charlton) Weimar, of Ship Bottom, and Florham Park, New Jersey passed away on March ...
Read more

Op-Ed: New Jersey’s Out-of-Network Bill is a huge blow to the middle-class

April 5, 2018

As Trenton currently looks to balance the budget, once again it’s our state’s hardest working citizens who will be left holding the bag. This time, though, it will be the hardworking office and ancillary staff from our small business private medical practices.  A bill called “The Out-of-Network Consumer Protection Bill” A-2039/S-485 looks poised to make ...

Let’s leave a legacy for the children and the Borough of Florham Park!

April 18, 2018

The soon-to-be-incorporated Florham Park Education Foundation is looking for individuals who are interested in serving the community as Committee Members and/or a Trustees on the Board of Directors. Specifically, we are in search of motivated individuals who have the time, talent and/or fields of expertise that would benefit the FPEF, the Florham Park School District but, primarily, the students ...