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Jersey Digs

Real Estate
North Jersey Shopping Center Sells For $47M North Jersey Shopping Center Sells For $47M
North Jersey Shopping Center Sells For $47M A North Jersey strip mall home to a Stop & Shop has sold for $47 million, Jersey Digs reports. The owner of the Essex Mall on Bloomfield Avenue in West Caldwell was represented by CBRE Group, Inc., who also procured the buyer, Milbrook Properties, the outlet said. Millbrook has properties along the East Coast, including nine in New Jersey. Click here for more from Jersey Digs.

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by Cecilia Levine
Business
12 Cannabis Dispensaries Budding In Jersey City: Report 12 Cannabis Dispensaries Budding In Jersey City: Report
12 Cannabis Dispensaries Budding In Jersey City: Report Dank news for marijuana consumers in Jersey City. Applications from a dozen cannabis dispensaries including a possible new lounge are being reviewed at a special Planning Board meeting Monday, March 28 in Jersey City, Jersey Digs reports. The lounge, Cream, would be located at the Hard Grove Cafe on First Street, the outlet said in an exclusive report. Four dispensaries could be coming to Pedestrian Plaza, two are being proposed near Journal Square, and several others will be scattered across various neighborhoods. Click here for details and a complete list of proposed businesses from Jer…

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by Cecilia Levine
Real Estate
Rock Gym Among 3 New Tenants Leasing Space In Montclair Development Rock Gym Among 3 New Tenants Leasing Space In Montclair Development
Rock Gym Among 3 New Tenants Leasing Space In Montclair Development A rock gym, art school and medical center have been signed leases at the new mixed-use development coming to Montclair. The 3,300-square-foot facility is slated to open in the first half of 2021 next to the Wellmont Theater, Jersey Digs reports. The tenants are: One River School: Founded in 2012, in the Englewood-based art school has a mission to "transform art education." The studio offers in-person and online classes at 13 studios. The Montclair studio will offer 3,300 square feet of space. Gravity Vault: The rock gym's new 12,000-square-foot space in Montclair will be its 11th location…

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by Cecilia Levine
Real Estate
Iconic Hoboken Diner May Be Demolished, Rebuilt As Part Of Development: Report Iconic Hoboken Diner May Be Demolished, Rebuilt As Part Of Development: Report
Iconic Hoboken Diner May Be Demolished, Rebuilt As Part Of Development: Report For generations the Malibu Diner on 14th Street in Hoboken served as its unofficial gateway, especially to those who streamed in from throughout New Jersey to sample the square-mile-city's famed nightlife.  Now, big changes may be afoot for the iconic eatery, which has been in business under various names since the early 1940s.  The owners of the small plot where the diner and a 25-space parking lot now sit have submitted plans to demolish it and replace it with a mixed-use development, Jersey Digs reported Wednesday.  The diner would be "reinstalled" on the ground floor of …

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by Paul Milo
Real Estate
Another Apartment Tower Proposed For Newark's Ironbound: Report Another Apartment Tower Proposed For Newark's Ironbound: Report
Another Apartment Tower Proposed For Newark's Ironbound: Report A recent legal decision affecting zoning regulations may have paved the way for the construction of an 11-story apartment building in Newark's Ironbound neighborhood, Jersey Digs magazine reported Thursday.  The building, which would stand 125 feet tall and contain 133 housing units, would be located near McWhorter and Bruen streets at the Supreme Ink site.  The structure would become part of a mini-skyline sprouting up in the East Ward neighborhood between the Northeast Corridor train line and the Passaic River. Much of the recent high-rise development has been concentrated near …

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by Paul Milo