Category Archives: New Development

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

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