Category Archives: New Development

Sorry JC, not good enough.

From JerseyDigs: Study Finds Jersey City Will Add as Many Apartments as Manhattan in 2019

Posted in Gold Coast, National Real Estate, New Development, New Jersey Real Estate | 122 Comments

To hell with local rule?

Important enough to make the main page, from Curbed: Cory Booker and Elizabeth Warren want to force cities to adopt YIMBY policies. Can they? The state of Oregon has effectively banned single-family zoning. Minneapolis upzoned nearly the entire city, 75 percent of … Continue reading

Posted in National Real Estate, New Development, Politics | 71 Comments

Industrial is hot in NJ

From GlobeSt: NJ’s Industrial Market Continues to be a Record-Breaker The industrial real estate market in New Jersey continues to see strong demand, higher rents and low availabilities. Commercial brokerage firm CBRE in its latest market report on the industrial … Continue reading

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 19 Comments

Burn it all down

From the Philly Inquirer: N.J. task force: Norcross-linked firms benefited from behind-the-scenes lobbying A special task force appointed by New Jersey’s governor to investigate the state’s multibillion-dollar tax-credit programs released an extensive report Monday evening, finding that two powerful brothers – lawyer … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 91 Comments

Flipping will never die

From MarketWatch: Home flipping rate hits 9-year high — and that could foretell troubles in the housing market Home-flipping has rebounded by one key measure. But that’s doesn’t make it an easy path toward becoming rich. Just over 49,000 single-family … Continue reading

Posted in Economics, Employment, National Real Estate, New Development | 34 Comments

Has Asbury made it?

From the NYT: Asbury Park, N.J.: A Seaside Community Reborn Carolyn Curtin moved to Asbury Park in 2002 and fell in love with a late Victorian house with a falling-down porch and heaven knows what other problems. She knew nothing … Continue reading

Posted in Economics, Housing Recovery, New Development, Shore Real Estate | 156 Comments

Gives me hope

Click the link, look at the photos. Audible did an incredible job. This is far cooler than anything anyone is doing in SF and the Valley. From the Star Ledger: Audible just opened an office inside an old N.J. church, … Continue reading

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

So absurd it needs to be reposted

From SportsTalk: Paterson, NJ Developers Think An Arena Can Help Save A Struggling Shopping Mall Sports as an economic generator in Paterson, NJ?  It doesn’t appear that any sports league is looking to put a team in Paterson, New Jersey. … Continue reading

Posted in Economics, New Development, New Jersey Real Estate, Politics | 98 Comments

Policy has repercussions

From ROI-NJ: GSI forum offers some ‘uncomfortable truths’ of doing business in N.J. State Sen. Declan O’Scanlon was measured in his tone but precise in his words. Speaking at Garden State Initiative’s second annual Economic Policy Forum on Thursday in New … Continue reading

Posted in Economics, Employment, New Development, New Jersey Real Estate, Politics | 52 Comments

Uneven recovery or catch up?

From CNBC: Uneven housing recovery persists, with some markets still behind their pre-recession peak With the U.S housing bubble far in the rearview mirror, home prices in most places have passed their pre-recession peak. In other spots, though, it’s a … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 54 Comments

Neighborhood makes a difference? Get real.

From the APP: Middle class in NJ: Where you grow up determines if you will be rich or poor The chartered bus from Long Branch and Asbury Park made good time to New York City, dropping eighth graders at Samsung to see the latest … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 51 Comments

Our own little Disney

From the Star Ledger: Inside the N.J. town where retail spending beats Hollywood and tourism rivals Disney Name any brand, and it probably has at least one location in Paramus — some have two or three. At a time when … Continue reading

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

The king falters

From the WSJ: New York’s Wealthiest Cut Losses as Manhattan Real Estate Falters When actor Brian Kerwin decided to sell his longtime Manhattan home—an 1880s Romanesque townhouse he and his late wife had carefully restored—he was hoping it would go … Continue reading

Posted in Demographics, Economics, Employment, New Development, NYC | 172 Comments

Buyers prefer used houses

From the USA Today: Rising mortgage rates, home prices are becoming a toxic cocktail in the housing market Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation’s homebuilders. Sentiment … Continue reading

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

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