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A proposal to open a boutique hotel in downtown Somerville has been approved by the borough’s Planning Board. The hotel, which will have 40 to 60 rooms depending on final architectural plans, is proposed to be on the top two stories of a five-story building to be constructed in Edgewood Properties’ Somerville Town Center on West Main and Davenport streets.

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Presenting the 2021 Commercial Real Estate Power 50

Anyone reading this already knows how important the commercial real estate market is to New Jersey’s economy. And anyone who knows that also knows that the market has been exceptionally strong for several years, including through a deadly global pandemic. The individuals recognized in these…

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