Waterfront rentals shine in a dull market

via The Newark Star-Ledger

By Kathleen Lynn/The Record

Two luxury apartment projects are planned for the Hudson River waterfront, a sign that rentals remain the most robust segment of the real estate market.

Mack-Cali Realty, the state’s largest office landlord, said yesterday it is teaming up with Ironstate Development of Hoboken to build two highrise towers of 500 units each in Jersey City. READ MORE >>>>

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