Category Archives: New Development

NJ Bakes, The World Takes

Posted on January 22, 2025 by grim

Why am I posting this? Who knows. We can still make things here in NJ. From Jersey Digs: Former New Jersey Party City Will Become One of America’s Largest Doughnut Factories A former Party City space just a stone’s throw … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate, Where's the Beef? | 136 Comments

Go Long on Greenland?

Posted on January 14, 2025 by grim

Real estate opportunity of a lifetime? From the Hill: 1 poll finds majority of Greenland respondents support joining US A new survey found that a majority of Greenland respondents support joining the United States. According to a poll by Patriot Polling released … Continue reading →

Posted in National Real Estate, New Development | 71 Comments

Build Baby Build

Posted on January 3, 2025 by grim

From RENJ: Judge: State can continue rollout of affordable housing law, pending outcome of legal challenge A judge has denied a request by some two dozen towns to halt the rollout of New Jersey’s new affordable housing law, in a … Continue reading →

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

Innovation HQ to Housing – the NJ Way

Posted on January 2, 2025 by grim

From the Star Ledger, Hat Tip Juice: Bell Labs marks 100th birthday as iconic N.J. company prepares for huge move The sprawling Murray Hill campus on Mountain Avenue was a bustling center for innovation in suburban Union County for decades. … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 25 Comments

Ambassador Kushner

Posted on December 3, 2024 by grim

From NJ1015: Trump wants pardoned NJ real estate developer for US ambassador President-elect Donald Trump said Saturday he intends to nominate real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France. Trump made the … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 99 Comments

Beetlejuice in NJ

Posted on October 30, 2024 by grim

From NorthJersey.com: How to book an Airbnb tour of this ghostly ‘Beetlejuice’ house in New Jersey He’s the ghost with the most, babe, and now the site of his ghostly hauntings is open for the public to tour — if … Continue reading →

Posted in Humor, New Development, New Jersey Real Estate | 41 Comments

Want cheaper houses? Build more of them.

Posted on October 25, 2024 by grim

From Yahoo Finance: Homebuyers still price sensitive as mortgage rates climb: Economist Mortgage rates rose for their fourth straight week, the 30-year fixed rate mortgage now sitting at 6.54%. Existing home sales also fell to a 14-year low, the National Association of … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate, New Development | 66 Comments

150,000 new housing units coming

Posted on October 23, 2024 by grim

From JD Supra: New Jersey Releases Fourth Round Affordable Housing Calculations; Identifies Present and Future Need for 150,000 New Units Throughout State The Department of Community Affairs (DCA) has released its “fourth round” affordable housing calculations for the coming decade, … Continue reading →

Posted in Crisis, Demographics, New Development, New Jersey Real Estate | 55 Comments

Bring on the units

Posted on October 22, 2024 by grim

From Gothamist: After years of delay, former Toys ‘R’ Us headquarters in NJ will be turned into housing Seven years after Toys “R” Us declared bankruptcy, a deal to put a substantial amount of housing on the site of the … Continue reading →

Posted in Demographics, Economics, Housing Bubble, New Development, New Jersey Real Estate | 30 Comments

Flemington?

Posted on October 14, 2024 by grim

From NJ1015: The new ‘up-and-coming’ town in NJ is one you’d never think of When the pandemic hit, it sent a wave of New Yorkers into New Jersey. People flocked to commuter towns, and it felt like everyone was on … Continue reading →

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

NJ’s warehouse craze over?

Posted on October 3, 2024 by grim

From NJ Spotlight News: Warehouse vacancies rise, fueling claims of an overbuilt market Warehouse vacancies in New Jersey are on the rise, as supply outpaces demand and community groups continue to fight the explosive growth in new construction. The vacancy … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 74 Comments

Starter home? What’s that?

Posted on September 17, 2024 by grim

From CBS News: As more first-time homebuyers are priced out, what can revive the American starter home? Felicia Ellis is actively looking to buy her first home by the end of the year. A three-bedroom, two-bathroom house on a tree-lined street in … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate, New Development | 103 Comments

Build baby build

Posted on August 20, 2024 by grim

From NJ.com: One of N.J.’s wealthiest towns to get first luxury apartment complex amid controversy Hundreds of rental units are coming to Colts Neck — one of New Jersey’s wealthiest communities — where developers have already broken ground on the … Continue reading →

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

The commercial slump

Posted on August 19, 2024 by grim

From NorthJersey.com: New commercial real estate projects have slowed in NJ thanks to high borrowing rates Construction in New Jersey isn’t what it used to be. In the commercial real estate sector — think strip malls, industrial warehousing, research and … Continue reading →

Posted in Crisis, Economics, Employment, National Real Estate, New Development | 73 Comments

Grow baby grow

Posted on August 15, 2024 by grim

From NorthJersey.com: North Jersey city to see the region’s third highest number of new apartment units in 2024 In RentCafe’s annual Apartment Construction Report, analysts reviewed new apartment construction data for 369 U.S. metropolitan areas and uncovered which ones are expected … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development, NYC | 92 Comments