Category Archives: New Development

Boomers, not millennials, are the problem.

From CNBC: Baby Boomers resist selling homes, helping to keep prices high and inventory low: Zillow’s Gudell If you’re looking for a reason the housing market is so tight, perhaps the Baby Boomers are to blame. For generations, after the … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 78 Comments

Newark is a surprisingly good fit

From Yahoo Finance: Why Newark could be perfect for Amazon’s new headquarters New York, San Francisco and Denver have all been heralded as the best city for Amazon’s new second headquarters, HQ2. But what about Newark? Yes, the city in … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 119 Comments

Noticing some extra room these days?

From the Star Ledger: Worry as Census says N.J.’s population shrank for the first time in years New Jersey may have lost population for the first time in a decade, new data shows, potentially imperiling economic growth and the number … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 63 Comments

The biggest barrier to starter homes – zoning laws and NIMBY

From HousingWire: Trulia: Housing market fails to produce what buyers really want The gap between the homes consumers want and the homes available for sale continues to grow in many markets across the U.S., according to the latest Mismatched Markets … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 79 Comments

The New Weehawken

From the Star Ledger: How the hottest real estate market in N.J. literally divided this tiny town Seemingly everyone knew this tiny cliffside town — all 1.4-square miles of it — would one day become a dynamic real estate market. … Continue reading

Posted in Gold Coast, Housing Recovery, New Development | 254 Comments

Will rent control hinder Newark redevelopment?

From the Star Ledger: Residents win rent control battle; landlords face steeper hurdle to raise rents Landlords looking to raise rents on rent-controlled buildings will have to meet a higher threshold to do so under new measures passed by the … Continue reading

Posted in New Development, New Jersey Real Estate | 46 Comments

That was fast…

From the NYT: The Urban Revival Is Over For all the concern about the gentrification, rising housing prices and the growing gap between the rich and poor in our leading cities, an even bigger threat lies on the horizon: The … Continue reading

Posted in Demographics, National Real Estate, New Development | 34 Comments

New homes were never cheap

From CNBC: As housing affordability weakens, more buyers are left out in the cold The cost of housing is rising at a fast clip, and nowhere is it more apparent than in the market for newly built homes. Sales there … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 89 Comments

Wise up NJ, or get left behind.

From the Record: New Jersey’s suburban economy’s existential crisis A new study suggests that New Jersey could expand its economy by $150 billion and create a quarter-million new jobs over the next decade by making a number of policy changes … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 49 Comments

Want to live in a spy house?

From the Record: Russian spy home in Montclair to be sold and renovated Marquette Road is a quiet, sleepy block in the northern part of Montclair near the town’s border with Clifton. The kind of block where Russian spies could … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 51 Comments

The Future of America – Boarding Houses

From Quartz:

Posted in Demographics, Economics, New Development | 120 Comments

Has Asbury made it?

From the NY Post: Jersey Shore’s Asbury Park returns to its glory days Few towns along the Jersey Shore have enjoyed a more visible beachfront revival over the past few years than Asbury Park, the vibrant summer enclave about 60 … Continue reading

Posted in Demographics, Economics, New Development, Shore Real Estate | 55 Comments

We can’t build anything anymore…

From Salon: Chris Christie’s era of misrule in Jersey: The empty swamp mall and the canceled tunnel While Gov. Chris Christie’s Bridgegate gambit rightfully helped kneecap his presidential run, it was his cancellation, in 2010, of a trans-Hudson rail tunnel … Continue reading

Posted in National Real Estate, New Development, New Jersey Real Estate, Politics | 102 Comments

March 2019? Yeah, right.

From the Record: American Dream Meadowlands finalizes $2.8B in construction financing; work resumes A complex $2.8 billion closing on construction financing for American Dream Meadowlands was completed on Thursday, locking in the funds developers say they need to finish the … Continue reading

Posted in New Development, New Jersey Real Estate | 90 Comments

Time for Newark

From the Commercial Observer: Five Reasons to Pay Attention to Newark Of all the commuter cities west of the Hudson River, Newark, N.J., gets the least respect from real estate professionals. Some of the reasons for this are understandable; Newark … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 50 Comments