Category Archives: New Development

Murphy, you want an innovation economy? Fix these.

From the APP: 3 reasons NJ lost out on Amazon HQ: Bhatti Here are the top three reasons New Jersey lost: 1. Too expensive for Amazon: Seven billion dollars of tax incentives wasn’t enough. New Jersey made national news when … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 129 Comments

NJ Transit will do a great job

From NJ Spotlight: NEW NJ TRANSIT DIVISION TO TAKE ADVANTAGE OF HEFTY REAL ESTATE PORTFOLIO New Jersey Transit is among the mass-transit agencies that rely the most on fare revenues, according to a recent audit, which suggested a hefty real-estate … Continue reading

Posted in New Development, New Jersey Real Estate, Politics, Where's the Beef? | 76 Comments

Sorry NJ

From the Star Ledger: Amazon in ‘advanced’ talks with a city for HQ2. It’s not Newark. Newark’s chances at landing Amazon’s second headquarters is looking more like a long shot. Amazon officials are reportedly in “advanced discussions” about establishing its … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 71 Comments

Strollers hit Jersey City

From the NY Times: Jersey City Grows Up When Zacheus and Ratri Chan showed up at an open house for a townhouse in the Bergen-Lafayette neighborhood of Jersey City last fall, there was a line down the street. The six-bedroom … Continue reading

Posted in Demographics, Economics, Gold Coast, New Development | 15 Comments

New home sales “collapse” in the Northeast.

From CNBC: New home sales drop 5.5% in September to near two-year low New home sales plunged in September, falling 5.5 percent to an almost two-year low amid pressures from rising interest rates that have hammered the real estate market. … Continue reading

Posted in Economics, National Real Estate, New Development | 35 Comments

Big Spender

From the Star Ledger: $170M Bayfront plan given final OK by Jersey City council A $170 million plan that city officials say will give them more control over the redevelopment of a formerly contaminated swath of waterfront land cleared a … Continue reading

Posted in Gold Coast, New Development, New Jersey Real Estate, Politics | 33 Comments

Home rule crippling NJ’s future

From NJ Spotlight: THE CHALLENGE FACING NEW JERSEY’S SUBURBS: ‘ADAPT IN ORDER TO SURVIVE’ Could suburban communities really empty out if officials don’t plan better to meet the demand for vibrant, walkable neighborhoods? If recent population settlement patterns continue, and … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate, Politics | 118 Comments

Fighting against the “look” of urbanism

It’s ok, it’s less ‘urban’ if we make it look like a completely fake “farm”. From the Record: Montvale Planning Board members call plans for Mercedes-Benz site ‘too urban’ The housing and shopping center design for the former Mercedes-Benz headquarters … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 48 Comments

Who does this?

From the Star Ledger: ‘My Lowe’s contractor doesn’t care, and Lowe’s doesn’t either,’ homeowner claims When CherylAnne and Mike Amendola decided to expand and renovate the kitchen in their Lincoln Park home, they knew it would be a big job. … Continue reading

Posted in New Development, New Jersey Real Estate | 81 Comments

City of the Future?

First time Outdoor magazine made it to the front page, great great piece: Affordable Housing Is the Key to a Thriving City Almost as long as there have been cities, there have been efforts to revamp their downtowns. But philosophies … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 57 Comments

Are PILOTs good or bad?

From ROI-NJ: Is fixing PILOT regulations a way to fix school funding? Marc Pfeiffer, assistant director at Rutgers University’s Bloustein Local Government Research Center, said the last time payments in lieu of taxes were addressed in the state was 1992. … Continue reading

Posted in New Development, New Jersey Real Estate, Politics, Property Taxes | 37 Comments

Is Newark sure it wants Amazon?

From Vice (first time ever?): Cities Are for Rich People Now and Wooing Amazon Only Makes It Worse If there are two facts of life in the modern American city, they are that rent will be too damn high, and … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 70 Comments

Will affordable housing make NJ unaffordable for the rest of us?

From the Star Ledger: N.J. needs to build 155,000 affordable housing units. No one can agree on how or where As New Jersey reigned as one of the most expensive places in the country to live, the state agency tasked … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 93 Comments

NJ’s future of smaller, taller, more expensive apartments

From ROI NJ: Rutgers Real Estate Center releases landmark study on school-aged children in multifamily properties The number of school-age children in multifamily housing units increases with the number of bedrooms, regardless of the residents’ income level and building product … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 81 Comments

NJ not a place for startups

From WNYC: New Jersey Wants to Stake a Claim in the Innovation Economy New Jersey Governor Phil Murphy rarely misses an opportunity to point out the Garden State once was a hub for innovation — where Thomas Edison invented the … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 228 Comments