News: Owners Developers & Managers

CANCOlofts celebrates ground breaking for CANCOpark on September 10th

CANCOlofts celebrated the groundbreaking on Sept. 10 for CANCOpark, a public park that is being constructed across the street from CANCOlofts, at 50 Dey St. CANCOpark, which will offer 15,000 s/f of green space, landscaping, seating and a walking path, is expected to be complete by the end of October. The park will be open for the enjoyment of CANCOlofts residents as well as residents of the neighborhood, contributing to the already appealing lifestyle of the unique property, formerly the American Can Co. "CANCOpark is a wonderful gift to Jersey City and a much-anticipated amenity for our residents," said Jodi Stasse, director of marketing and sales at CANCOlofts. "It will be especially loved by those homeowners who don't have their own private terraces. What can be more perfect than having a restful open green space right across the street from your home?" About 50 were in attendance for the morning event, including mayor Jerramiah Healy; Economic Development Corp. director Dan Frohwirth; Department of Housing Economic Development and Commerce director Carl Czaplicki; Stewart Osborne and Edward Baquero, representatives of the developer; in addition to sales associates, construction team members, residents and neighborhood business representatives. Addressing these guests, Mayor Healy spoke about the vital role that CANCOlofts has played in revitalizing the former industrial neighborhood on the city's west side and congratulated the CANCOlofts' team on their achievement. Then he joined the ceremony's participants in plunging their shovels into the ground and pitching out a small amount of dirt, symbolizing the official commencement of the park's construction.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and