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Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day' Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day'
Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day' The Washington Commanders are officially coming home. The DC City Council voted 11-2 late on Wednesday, Sept. 17 to give the final approval for a $3.8 billion project to build a 65,000-seat stadium at the old RFK Stadium site. The plan also calls for a mixed-use development project in the surrounding neighborhoods, as well as affordable housing in the area. "Today is a historic day for DC, the Commanders organization, and our fans," Commanders owner Josh Harris said in a statement. "With the Council's approval, we can now move forward on the transformative RFK project that will bring lasti…

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by Zak Failla
Lifestyle
Survey Reveals How Americans Are Coping With Rising Costs As Housing Leads Way Survey Reveals How Americans Are Coping With Rising Costs As Housing Leads Way
Survey Reveals How Americans Are Coping With Rising Costs As Housing Leads Way Americans are rethinking what “affordable housing” means as rising costs force families to adjust, according to a new national survey. The poll of 1,000 adults found more than half believe they pay too much for their homes.  Respondents reported spending an average of 42 percent of their annual income on housing-related expenses.  Parents were especially concerned: 42 percent said they doubt their children will be able to afford living in the same neighborhoods where they are growing up. Many blamed their environment for the pressure. Nearly half cited their neighborhood’s highe…

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by Joe Lombardi
Real Estate
$113M Luxury Beachfront Complex Sells Near Netflix's $1B New Jersey Campus $113M Luxury Beachfront Complex Sells Near Netflix's $1B New Jersey Campus
$113M Luxury Beachfront Complex Sells Near Netflix's $1B New Jersey Campus A luxury beachfront apartment complex at the Jersey Shore has sold for a staggering $113 million, real estate officials announced just after Netflix's groundbreaking ceremony at its nearby $1 billion campus. The 170-unit Ocean Gate community at 30 Ocean Boulevard in Long Branch — just steps from the beach — was acquired by Lincoln Equities in partnership with RWN Real Estate Partners and Avenue Realty Capital, according to Cushman & Wakefield. “Ocean Gate is a highly amenitized property located in one of the fastest-growing areas of Monmouth County, which is what attracted Lincoln Equit…

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by Cecilia Levine
News
Amtrak Debuts New High-Speed Trains Across Northeast As Trump Seizes DC's Union Station Amtrak Debuts New High-Speed Trains Across Northeast As Trump Seizes DC's Union Station
Amtrak Debuts New High-Speed Trains Across Northeast As Trump Seizes DC's Union Station High-speed rail in the Northeast just got a significant upgrade. Amtrak's new NextGen Acela trains launched on Wednesday, August 27. The first train left Union Station in Washington, DC, at 5 a.m., while a second one departed Boston's South Station at 6 a.m. The upgraded trains promise faster service and more seats to the nation's busiest rail travel corridor. "Acela is synonymous with American high-speed trains, and today marks a new era of next-generation service," said Amtrak President Roger Harris. "On behalf of everyone at Amtrak, I’m proud to welcome you aboard NextGen Acela. Th…

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by Chris Spiker
Real Estate
1.2M-Square-Foot Warehouse Proposed At Former Sheraton Crossroads In Mahwah 1.2M-Square-Foot Warehouse Proposed At Former Sheraton Crossroads In Mahwah
1.2M-Square-Foot Warehouse Proposed At Former Sheraton Crossroads In Mahwah Just weeks after the iconic Sheraton Crossroads hotel in Mahwah was imploded, redevelopment plans filed with the township show a massive new warehouse facility is proposed to rise in its place. The proposal calls for a 1.2 million-square-foot logistics center, which includes approximately 1.2 million square feet of warehouse space, plus 11,000 square feet of main office space and 1,500 square feet of shipping and receiving office space, according to site plans filed on June 16. The building would rise 40 feet high and include 175 loading dock doors and 4 drive-in doors, according to archite…

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by Cecilia Levine
News
NYC's 'War On Rats' Heats Up As Climate Change Fuels Infestation: New Study Shows Why NYC's 'War On Rats' Heats Up As Climate Change Fuels Infestation: New Study Shows Why
NYC's 'War On Rats' Heats Up As Climate Change Fuels Infestation: New Study Shows Why Climate change is fueling a surge in rat populations across major US cities, with Washington, DC, seeing the worst increase over the past two decades, a new study said. The study published by Science Advances on Friday, Jan. 31, analyzed public records from 16 cities worldwide to determine why some urban environments are more infested with rats than others. The researchers found that 11 cities — including Washington, Boston, and New York City — had seen major rat population growth over an average of 12 years. Washington's increase was the most extreme, tripling compared to Bo…

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by Chris Spiker
Real Estate
Apartment Building With Affordable Housing Units Approved In East Rutherford Apartment Building With Affordable Housing Units Approved In East Rutherford
Apartment Building With Affordable Housing Units Approved In East Rutherford East Rutherford is about to get a modern makeover. The borough's Zoning Board has given the green light for a new three-story apartment building at 20-30 Willow St., bringing 26 fresh units—and a splash of affordable housing—to the neighborhood. The announcement came via a press release from Taylor Architecture & Design on Tuesday, Jan. 14. Designed by Italo Teixeria and presented by Stacy Mulrain, RA, the structure offers a mix of two studio units, 20 one-bedroom units, three two-bedroom units, and one three-bedroom unit. Four of these will be set aside as affordable housing, providing…

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by Cecilia Levine
News
$176M Revamp Of Hoboken Waterfront Under Way (NEW PHOTOS) $176M Revamp Of Hoboken Waterfront Under Way (NEW PHOTOS)
$176M Revamp Of Hoboken Waterfront Under Way (NEW Photos) After more than 15 years, work has begun on the Hoboken waterfront's revitalization project. Hoboken Mayor Ravi Bhalla shared new renderings of project costing $176 million in state funding, and called it a "long time coming." Some additional renderings of what will become the new Hoboken Terminal, as a part of a major redevelopment project undertaken in partnership w/ @GovMurphy & LCOR. The project will include new retail & office space, a revitalized Warrington Plaza, new modern bus terminal + more. pic.twitter.com/XDlnt0jdS2 — Ravinder S. Bhalla (@RaviBhalla) October 8, 2022 …

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by Cecilia Levine
Real Estate
Shuttered Lord & Taylor Store Could Become Bustling Downtown For This North Jersey Town Shuttered Lord & Taylor Store Could Become Bustling Downtown For This North Jersey Town
Shuttered Lord & Taylor Store Could Become Bustling Downtown For This North Jersey Town The shuttered Lord & Taylor store in one North Jersey township is in the process of being transformed into a vibrant and bustling downtown area. The department store's owner, HBC, along with Streetworks Development, presented their plan for the 730,000-square-foot space and municipal lots known as "One Westfield Place" at the Westfield council meeting Tuesday, Sept. 20. Mayor Shelley Brindle said the project could be historic, and is the culmination of more than three years of collaboration and community input. Brindle noted an increased urgency to revitalize the downtown afte…

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by Cecilia Levine
Lifestyle
New York Times Features Clifton: 'Where a Lot of Little Worlds Commingle' New York Times Features Clifton: 'Where a Lot of Little Worlds Commingle'
New York Times Features Clifton: 'Where a Lot of Little Worlds Commingle' The New York Times is shining a spotlight on Clifton. "Clifton, in southern Passaic County, is an unpretentious, predominantly middle-class city of 85,000, crisscrossed by highways, two of which — the Garden State Parkway and Route 46 — intersect twice within its 11½ square miles," the article says.  "Framed on the west by a wooded mountain and on the east by the Passaic River, the city has pockets of both industry and agriculture (three tiny farms that survived the postwar development boom)." CLICK HERE FOR MORE.

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by Cecilia Levine