Category Archives: New Development

New life into old suburbs?

From LoHud: Study: NYC suburbs could use 250K more transit-oriented homes The solution to rising housing prices in the New York metro area could be the addition of 250,000 homes to the city’s suburbs over the next 20 years, according … Continue reading

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

Home Builders turn against tax plan

From the Washington Post: Home builders raise a hammer, try to smash the GOP tax bill The Republican effort to overhaul the tax code suffered a bruising setback over the weekend when a powerful corporate interest group came out against … Continue reading

Posted in New Development, New Jersey Real Estate, Politics, Property Taxes | 138 Comments

Can small business thrive in NJ?

From the Star Ledger: Which are the hottest counties in N.J. for new business? Hank Sauce is made in small batches by hand, when the restaurant in Sea Isle City run by Josh Jaspan and his two former college roommates … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 54 Comments

What the hell?

From HousingWire: New home sales 10-year high baffles economists After hitting a new low in August, new home sales surged in September to their fastest pace in the past decade, according to the latest report released jointly by the U.S. … Continue reading

Posted in Demographics, Economics, National Real Estate, New Development | 127 Comments

If you can do it in Bergen?

From the Record: Bergen towns can build affordable housing Bergen County is recognized as one of the wealthiest counties in the country. Municipalities in the county helped secure this status by implementing exclusionary zoning practices that drove hard working families … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 39 Comments

Will big $$ make NJ more appealing?

From Bloomberg: Christie Backs Newark’s Amazon Bid With $7 Billion in Tax Breaks New Jersey Governor Chris Christie is seeking to deploy $7 billion in potential tax credits to lure Amazon.com Inc.’s planned second headquarters to Newark, which has been … Continue reading

Posted in Economics, New Development, New Jersey Real Estate, Politics | 186 Comments

Homes shrink, but they are still bigger than 10 years ago

From Bloomberg: Homes Are Shrinking in the U.S. In a reversal of a three-decade trend, U.S. homebuilders are cutting the size of the American home as margins are being squeezed by a shortage of land and labor. The average floor … Continue reading

Posted in Economics, National Real Estate, New Development | 76 Comments

Is it even possible to make NJ affordable?

From NJ Spotlight: RETHINKING NJ’S HOUSING MARKET TO MEETS NEEDS OF SUBURBANITES, CITY DWELLERS New Jersey’s next governor faces daunting housing problems that are widespread and complex, ranging from a lack of affordable homes in walkable communities to a glut … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 84 Comments

Maybe we have a shot?

From the Star Ledger: Metro area including North Jersey is top contender for Amazon HQ2, firm says The metro area including North Jersey earned the top ranking among contenders seeking to become home to Amazon’s second headquarters and the potential … Continue reading

Posted in Economics, New Development, New Jersey Real Estate | 149 Comments

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