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ROI-NJ is an business media company and the authoritative source for news and connections impacting New Jersey's economic movers and shakers. Follow this site to keep up with latest New Jersey business news.
ROI-NJ
7h ago
The New Jersey Innovation Institute prides itself not only on being a leader in technology commercialization and startup acceleration — it counts health care as one of its four primary divisions of excellence.
That’s why it jumped at the chance to extend and amplify its impact by becoming a lead innovation partner of the Healthcare Innovation Engine at SciTech Scity, the “Science City of Tomorrow” being developed by Liberty Science Center in Jersey City.
Jennifer D’Angelo, the chief operating officer at NJII and the executive vice president of the Healthcare Division, said the organization is ..read more
ROI-NJ
9h ago
A new 3,750-square-foot visitor center and museum building that is planned for Historic New Bridge Landing is one step closer to reality with the recent unveiling of the final approved building plans by the Bergen County Historical Society. The BCHS shared both the colored renditions by architectural firm Arcari & Iovino Architects along with detailed drawings in hopes of strengthening donor support to help complete the project, whose groundbreaking is slated for fall.
“A capital campaign to raise funds for all facets of the project that includes ground-up construction and interior exhibit ..read more
ROI-NJ
9h ago
LaBar Golf, a Bernardsville-based golf course construction company, on Thursday said Scott Walter has been appointed as chief financial officer. Walter brings over 30 years of financial management and business development experience to LaBar Golf.
“We are thrilled to have Scott join the team,” LaBar Golf owner and President Rich LaBar said. “Scott brings the experience and talent we need to continue to ensure we meet client expectations as we further evolve and expand our business.”
Prior to joining LaBar Golf, Walter served as CFO of Lonestar Pipeline Contractors, where he designed and implem ..read more
ROI-NJ
10h ago
Bell Works in Holmdel now has a theater to serve as the property’s new home for cultural and arts programming, including professional theater, dance concerts and films. The Bell Theater officially celebrated its grand opening with a ribbon-cutting at the former Bell Labs campus on Wednesday.
“Over the past two years, we have been preparing to open Bell Theater — Central Jersey’s newest home for arts and culture,” Andrew DePrisco, executive artistic director of Bell Theater, said. “We’ll be presenting comedy nights, jazz nights, rock ‘n’ roll, new and old musicals, plays, dances and family ente ..read more
ROI-NJ
10h ago
Urban Edge Properties closed on an $83 million, newly redeveloped, 448,000-square-foot shopping center in Roxbury Township, according to the firm’s first-quarter earnings report, which was released earlier this week.
Located on Route 10 in Morris County, the grocery-anchored shopping center, known as the Shops at Ledgewood, has a strong and diverse tenant mix including national brands Walmart Supercenter, Marshalls, Burlington, Ulta, Starbucks and Chipotle.
The real estate investment trust said the initial capitalization rate on the transaction was 7.9% and expects future growth to be achieved ..read more
ROI-NJ
10h ago
Commercial real estate firm Bielat Santore & Co. in Allenhurst on Friday announced that Princeton Farmhouse, a “yet-to-be-built” catering facility, was sold to Landmark Hospitality for an undisclosed price.
Landmark Hospitality owns and operates a portfolio of distinctive venues, boutique hotels and restaurants throughout New Jersey and Pennsylvania, including Liberty House Restaurant and Hudson House in Jersey City; Stone House at Stirling Ridge in Warren; Ryland Inn in Whitehouse Station; Felina in Ridgewood; DJBK in Plainfield; Hotel du Village, Logan Inn and the Mansion Inn in New Hope ..read more
ROI-NJ
12h ago
Overlook Flats’ elevated site in the heart of Jersey City’s Journal Square has hit the 75% leased mark after recording 60 leases over a recent two-week period alone, according to developer Milton Fantin and the Fantin Cos. (Urban Property Developers and Urban Property Managers).
The striking 16-story building’s achievement is indicative of Journal Square’s dramatic ascent as the region’s most prominent residential destination, one that’s attracting an ever-increasing number of residents from the New York City side of the Hudson River. The recent leasing activity at Overlook Flats supports the ..read more
ROI-NJ
12h ago
Short Hills-based Garden Communities on Thursday said it welcomed the first residents to Millbrook Horizon, a collection of 40 luxury rental apartments in the heart of suburban Middlesex County.
Located at 97 Horizon Drive in Edison, Millbrook Horizon is a new introduction within a popular, well-established multifamily neighborhood that also includes about 700 rental residences at Millbrook Village and Millbrook Village North.
Bringing a fresh, elegantly designed element to this successful legacy Garden Communities property, Millbrook Horizon’s spacious one- and two-bedroom apartments are hous ..read more
ROI-NJ
14h ago
Avaya said Thursday that it acquired Edify. The acquisition brings advanced, artificial intelligence-powered customer journey orchestration and workflow capabilities directly into the Morristown-based communications solutions firm’s experience platform, and also brings engineering talent into its engineering organization.
Edify delivers no-code, cloud-native solutions, and the integration of its unique orchestration capabilities into Avaya Experience Platform accelerates Avaya’s ability to deliver personalized customer experiences such as task automation, journey orchestration and out-of-the-b ..read more
ROI-NJ
14h ago
Eatontown-based Caregility together with Baptist Health of Arkansas on Thursday said they were expanding their partnership aimed at enhancing patient care across the health care organization.
With the increase of its usage of Caregility’s telehealth devices, Baptist Health will enhance its care teams to more than 700 bedsides systemwide, doubling the footprint of the health care organization’s inpatient telehealth services. This collaboration underscores both organizations’ commitment to leveraging technology to transform health care delivery and meet the evolving needs of patients and staff ..read more