Real Estate Journal — New Jersey — February 13 - 26, 2015 — 15B
M id A tlantic
N ew J ersey 3,519 s/f leased in class A office building in Hoboken NRDC adds new tenant to Baker Waterfront Plaza
UPCOMING NEW JERSEY SPOTLIGHTS!
MARCH 13th, 2015 NORTHERN NEW JERSEY DEADLINE: February 27th
OBOKEN , NJ — National Realty & Development Corp.
(NRDC) recently announced that Lex Terrae Inc., a subsid- iary of Old Republic Title Com- pany, has signed a long-term lease at its 95,000 s/f Baker Waterfront Plaza property in Hoboken. Lex Terrae Inc. will consolidate its existing NYC and Hoboken office and will be occupying 13,519 s/f on the entire 5th floor of the building. The move will bring approxi- mately 50 new employees to the Hoboken area. Brian Sekel , executive vice president, and Richard Kaufman , executive vice president & general coun- sel represented NRDC for this lease. Frank Truesdel and Jill Arias of DTZ represented the tenant. Located at Two Hudson Place, the property overlooks the Hudson River and is situ- ated directly across from the NJ Transit Hoboken Terminal. The NJ enacts one year extension of Permit Extension Act NEWJERSEY —A one year extension of the Permit Exten- sion Act (N.J.S.A. 40:55D-136.1 et seq.) was signed into law by Governor Christie on Decem- ber 26, 2014 (P.L. 2014, c. 84). The legislation (S2551/A3815) was reported out of the State Assembly and Senate Com- mittees after being amended to reduce the proposed extension from an additional two years to one year, and was then passed by both houses and sent to the Governor. The legislation continues the tolling, through December 31, 2015, of those permits and approvals first covered by the terms of the Permit Exten- sion Act of 2008, under which the approvals and permits “in effect” from January 1, 2007 through June 30, 2010 were tolled. This “extension period” was subsequently amended to extend the viability of those ap- provals, first through Decem- ber 31, 2012, and then again through December 31, 2014. Please contact Meryl A.G. Gonchar , the author of this Alert and Co-Chair of the Redevelopment & Land Use Department of Greenbaum Rowe Smith & Davis , with questions regarding the Permit Extension Act or other issues related to real estate develop- ment in New Jersey. n
APRIL 10th, 2015 SOUTHERN NEW JERSEY DEADLINE: March 27th
SUBMIT ARTWORK AND EDITORIAL TODAY! EMAIL LCHRISTMAN@MAREJOURNAL.COM
Baker Waterfront Plaza
Hoboken Terminal provides train, bus, light rail, ferry and PATH services that offer imme-
diate access to New York City and the transportation network of Northern New Jersey. n
EOS can SAVE you UP TO 20% or MORE by doing a FREE print management analysis. CEO’s, CFO’s, COO’s and CIO’s... Your company profits may be going down the drain due to poor print management control! The EOS analysis will streamline your process dramatically by creating ONE SOURCE to manage all technology and business processes resulting in:
• Reducing costs & increasing efficiency • Optimizing office print infrastructure • Lowering energy usage, paper consumption and solid waste • Enhancing document security and regulatory compliance • Streamlining billing with ONE invoice, ONE contact • Free up your IT staff’s time and much, much more! Let us prove it to you today!
SERVICE & LABOR • PARTS & CONSUMABLES • SUPPLIES / BLACK & COLOR SHORT TERM RENTALS • REPLACEMENT UNITS • HOT SWAP UNITS
CALL TODAY! (973)808-0100 330 FAIRFIELD ROAD FAIRFIELD, NJ 07004 www.eosnj.com
Made with FlippingBook - professional solution for displaying marketing and sales documents online