Developers Marc Berson, Omar Boraie, Carl Goldberg, Jon Hanson, Charles Kushner, Murray Kushner, Gus Milano, Steve Pozycki, Joe Taylor, David Welsh and Finn Wentworth are on our “Icons” list. See them here.
Rockefeller Group Development Corp.
The firm is building on its wildly successfully, 2.1 million-square-foot logistics park in Piscataway with a new 400,000-square-foot warehouse next door, in Middlesex Borough. It’s also responsible for one of the state’s largest new industrial projects, a 900,000-square-foot facility at the former ExxonMobil site in Edison.
Ironstate Development Co.
Longtime Jersey City developer is quickly expanding his Urby concept, recently announcing a $91 million effort to renovate a historic building in Newark. Ironstate is also nearing completion on a mixed-use project to transform the area around the Wellmont Theater in Montclair.
Adenah Bayoh and Cos.
Serves as shining example of how women — and those from underserved communities — can become rising stars in commercial real estate, with her developments in Newark and neighboring areas.
Wasseem Boraie; Sam Boraie
Family-run firm based in New Brunswick continues to expand its presence in North Jersey. Its next project, in Newark, will have major impact.
President – New Jersey region
Bronsnick’s recent promotion is recognition of his ever-increasing stature in the state for one of its best-known firms — which just had a groundbreaking for transformative M Station project in Morristown.
His sons are taking on greater responsibilities at the firm, but Peter Cocoziello is still in control, especially when it comes to the suit it has filed against Bridgewater regarding a Center of Excellence project on the former Sanofi site.
Managing director, Northeast markets
L+M Development Partners
L+M continues to be one of the power players in Newark (and surrounding areas) in both historic rehabs (New Jersey Bell and now Urby) as well as numerous (and much-needed) affordable housing projects.
Red Bank-based firm just announced $60 million project at Fort Monmouth, where it will turn a 26-acre parcel into 270,000 square feet of high-end commercial, technology, and food and beverage space.
Prism Capital Partners
Involved in a number of multifamily projects, but securing Eisai (and up to 1,200 employees) as an anchor tenant at the Roche tower in its ON3 project in Nutley-Clifton is the biggest office deal of the year.
Founder and principal
Responsible for so much of the work in quickly developing Bayonne: Costco headlines 240,000 square feet of retail at Harbor View Marketplace, and nearby ScenicVue offers 651 luxury rentals.
The long-awaited American Dream project was just beginning a slow open when the pandemic struck. The project’s ability to regain its footing will be one of biggest economic drivers (think of the jobs) in North Jersey.
Third-generation family firm in Elizabeth has an edge in next-generation storage, as it is one of the few developers with experience and expertise in the much-needed and much-desired cold storage sector.
Mack-Cali Realty Corp.
Expect her to continue the real estate investment trust’s desire to leave suburban space (the latest deal is a 10-building sale in Morris County in the fall). What is unclear is whether she’ll drop the “interim” tag.
His company is partners (with Advance) on two of the biggest industrial parks in the state and recently secured $103.5 million in financing for the first two buildings in a 10-building, 3.2 million-square-foot project in Logan Township.
CEO and president
The Hampshire Cos.
Hampshire is rolling along under Hanson’s leadership. The firm remains active in two of the biggest and still fastest-growing sectors of CRE: multifamily and industrial — especially self-storage.
Senior vice president/market leader N.J./N.Y.
What can you say? Prologis is the biggest owner in the state of industrial space — an asset class that has only grown during the pandemic and figures to be the most important for years to come.
Airaj Hasan; Ibrahim Hasan
CEO; Director of operations
The power players behind Lotus 315, a development in East Orange that has 180 luxury apartments and 33,000 square feet of ground-floor retail in a sleek, ship-like design. Named NAIOP New Jersey’s mixed-use project of year.