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BUSINESS NEWS

City of Newark, Tucker Development Announce Plans for Mixed-Use Hotel and Retail Development at Prudential Center
NEWARK--Mayor Cory A. Booker and Tucker Development Corporation in partnership with Marriott International, the New Jersey Devils and Robert Finvarb Companies, has announced plans for a Courtyard by Marriott at the Prudential Center, just a few blocks from Penn Station in downtown Newark. ...

IOREBA Hosts Monthly Networking Event on Feb. 22
HACKENSACK--The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area (IOREBA) will host its monthly meeting on Monday, Feb. 22....

Kislak Completes Sale of Affordable Housing Units
BERKELEY HEIGHTS-- The Kislak Company, Inc. recently completed the $1,350,000 sale of 14 affordable housing units in the Villas on the Park condominium complex located at 25 - 51 Springholm Drive, Berkeley Heights. ...

NAIOP-NJ Panel: Recovery Will Be Slow
SHORT HILLS-- The full impact of the economic downturn has likely not been felt yet, although there are signs of that ongoing impact in the form of higher commercial real estate vacancy rates and reduced rents. And when the economy—and real estate—do bounce back, the uptick won't be a quick one. That was the message delivered by a panel of experts at the annual meeting of NAIOP-New Jersey, held at the Hilton Short Hills. ...

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GREEN NEWS

Bottled Water Shown to Have Lightest Environmental Footprint among Packaged Drinks, New Study Finds
GREENWICH, CT-- A new study released recently finds that water, in all its forms, has the least environmental impact of any beverage choice....

HACEP Announces National Green Design Competition With $25,000 Awards For Innovative Affordable Housing
EL PASO, TX-- Gerald W. Cichon, Chief Executive Officer of the Housing Authority of the City of El Paso (HACEP), has announced a National Green Design Competition for a $10+ million LEED Green Affordable Housing Project supported by the American Recovery and Reinvestment Act....

Caterpillar World Headquarters Awarded LEED-EB(R) Gold from United States Green Building Council
PEORIA, IL--The Caterpillar Administration Building, which serves as the company's world headquarters, has been awarded LEED-EB® O+M (Leadership in Energy and Environmental Design for Existing Buildings: Operations and Maintenance) Gold certification from the United States Green Building Council (USGBC). ...

Algenol Partners With Lee County as Commission Votes to Approve Incentive Funding for Biofuels and Green Chemistry Facility
BONITA SPRINGS, FL-- Algenol Biofuels Inc. has announced that the company has reached an agreement with the Lee County Board of Commissioners to support the opening of a new 43,000-sf facility in Lee County, bringing economic diversity and jobs to the area launching in the first quarter of 2010....

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