ROI-NJ

After two decades of faltering ownership and development efforts, Procida Funding & Advisors’ acquisition of The Plaza Grande at Garden State Park, a premier 55+ luxury rental community, says it is setting a new benchmark for success in the active adult living sector just 400 days after taking possession of the property. The Plaza Grande is averaging 15 leases per month, representing a 100% increase over the national average. Procida is now just weeks away from delivering the final units at the property. The accelerated leasing performance highlights the community’s luxury offerings, prime location, and world-class lifestyle amenities.

Visit Atlantic City and Herb Gillen Airshows are bringing back one of the region’s most popular summer two-day events with the Visit Atlantic City Soar & Shore Festival, set to take place July 15 and 16. The show was canceled last year when a primary act withdrew from the show. This free, family-friendly festival will once again dazzle audiences with breathtaking aerial performances along the Atlantic City shoreline.

New Brunswick-based Johnson & Johnson has announced plans to invest more than $55 billion in manufacturing, research and development (R&D), and technology across the United States over the next four years—a 25 percent increase from the previous period. The move builds on the company’s heightened U.S. investments following the 2017 Tax Cuts & Jobs Act.? “Today’s announcements accelerate our nearly 140-year legacy as an American innovation engine tackling the world’s toughest healthcare challenges,” said Joaquin Duato, chairman and CEO of Johnson & Johnson.

The Gateway Development Commission (GDC) commissioned a?new economic impact analysis?of the first five contracts in active construction on the Hudson Tunnel Project (HTP) which found that work underway will support 20,200 direct, indirect, and induced full-time equivalent (FTE) workers while generating $4.5 billion in economic output and $1.7 billion in labor income. “When the Hudson Tunnel Project is complete it will deliver 21st?century transportation reliability for millions of passengers. Today it is delivering good jobs for workers and new business for American companies,” said?GDC CEO Tom Prendergast.

Thomas Edison State University (TESU) is making graduate education more accessible and affordable by introducing a new flat-rate tuition model for its master’s degree programs. Effective with the May 2025 term, students enrolling in TESU’s Master of Business Administration (MBA) or other graduate programs will have the opportunity to lock in a fixed tuition rate for the entire duration of their program, ensuring cost certainty and substantial savings. Under this new tuition structure, the MBA program will be offered at a total cost of $24,000, reflecting a 15% savings compared to the standard per-credit pricing model. All other graduate programs will be available at a flat rate of $18,000, delivering 26% savings. The flat-rate program will exclude the Master of Science in Nursing, Psychiatric Mental Health Nurse Practitioner program.

Over 100 health professionals in New Jersey, led by Clinicians for Climate Action New Jersey (CCANJ), are urging state lawmakers to promptly implement the Advanced Clean Trucks (ACT) regulation to safeguard residents—especially those in overburdened communities—from harmful health effects associated with diesel emissions. In a letter sent to Senate President Nicholas Scutari and Assembly Speaker Craig Coughlin, CCANJ highlighted the critical need for complete enforcement of the ACT regulation, which was adopted by the New Jersey Department of Environmental Protection (DEP) in 2021. This policy aims to gradually transition medium- and heavy-duty trucks to zero-emission vehicles (ZEVs), as transportation emissions are the largest source of air pollution in New Jersey.

The Ocean City Planning Board has granted final site plan approval for the Soleil Resort, a luxury condominium hotel planned for 1101 Ocean Ave. The six-story development,?adjacent to?the historic Flanders Hotel, will feature 111?condo?units, each with three bedrooms, two bathrooms, and private outdoor spaces. Read more:

After two decades at off-campus venues, Stockton University’s premier fundraising event is coming home in 2025. The Stockton University Foundation Scholarship Benefit Gala will be held at 6:30 p.m., Saturday, April 26, in the heart of the Galloway campus at the university’s Campus Center — bringing a new level of excitement and impact. “This is more than a gala, it’s a homecoming,” said President Joe Bertolino. “Returning to campus is a powerful way to honor Stockton’s history, invest in the next generation of students and highlight the beauty and spirit of our university.” Read more:

Raritan Valley Community College’s Business and Public Service department will offer a presentation on “Demystifying Tariffs,” April 8, from 6-8 p.m. The program, which is free of charge and open to the public, will be held in the Event Center at the College’s Branchburg campus.?

Leasing is underway at Parkside at Westfield, and the first apartment homes at this new joint venture development of Premier Development and Garden Communities are ready for immediate move-in. The multifamily community offers 162 luxury rentals complemented by a full suite of lifestyle amenities. Situated at 524 Springfield Ave. in Westfield, on the site of a former garden center, Parkside at Westfield boasts generously sized one-, two- and three-bedroom apartments in three, three-story elevator buildings. Read more: