Category Archives: New Development

Tallest, but only for a moment

Posted on September 26, 2015 by grim

From the Star Ledger: Jersey City tower becomes tallest residential building in N.J. A new Jersey City tower is the tallest residential building in New Jersey—for now. At 713 feet high and 69 stories, Urban Ready Life (URL) Harborside 1 … Continue reading →

Posted in New Development, New Jersey Real Estate | 64 Comments

Go ahead, hike, I dare you.

Posted on September 17, 2015 by grim

From Reuters: For hot New York property market, a Fed move won’t change much Not even a rate hike from the Federal Reserve is expected to cool off the hot New York commercial real estate market, where demand remains high, … Continue reading →

Posted in Economics, Housing Recovery, New Development, NYC | 106 Comments

Flipping Revel?

Posted on September 9, 2015 by grim

From the Star Ledger: Revel owner trying to flip closed casino to new buyer, power company says The power company engaged in a prolonged legal battle over energy costs at the former Revel casino claims in a recent court filing … Continue reading →

Posted in New Development, South Jersey Real Estate, Unrest | 143 Comments

As goes our infrastructure, so goes our economy

Posted on August 27, 2015 by grim

From Bloomberg: N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West Jersey City, one of the few bright stars in New Jersey’s employment recovery, is in danger of being strangled by the state’s transportation crisis. The city on the … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate, NYC | 72 Comments

Salvage cat is out of the bag

Posted on August 22, 2015 by grim

From the NYT: Recycled Kitchens, Salvaged Splendor When Jonathan and Barbara Pessolano began renovating an 1850s three-family house on Staten Island earlier this year, they didn’t intend to make it a model of recycling. But a search for a deal … Continue reading →

Posted in Housing Recovery, New Development, New Jersey Real Estate | 36 Comments

The Shift To Urban Core Continues

Posted on August 13, 2015 by grim

From HousingWire: Fitch: U.S. housing demand pendulum swinging back to city centers Amid stabilizing U.S. home price growth lies a demographic shift that is underway across much of the country, according to Fitch Ratings in its latest quarterly U.S. RMBS … Continue reading →

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

Schumer’s Tunnel?

Posted on August 12, 2015 by grim

From REW: Hudson River tunnel project back on, says Schumer The Gateway Project, a plan to build a high-speed railway corridor under the Hudson River between New Jersey and New York, is back on. A day after Amtrak president Steven … Continue reading →

Posted in New Development, North Jersey Real Estate, NYC | 84 Comments

NJ Building Permits Near 30 Year High

Posted on July 28, 2015 by grim

From the Star Ledger: N.J. home building permits soar to nearly 30-year high Homebuilders in New Jersey received more permits in June than they had in nearly 30 years, new data shows. Roughly 4,800 permits were authorized in New Jersey … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 230 Comments

Time to clean house? Vote all incumbents out.

Posted on July 22, 2015 by grim

From the APP: Where does New Jersey’s job market rank? Just when you thought it was safe to come out. New Jersey’s job market, which showed signs of life early this year, slumped in June, leaving the Garden State 36th … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 169 Comments

Hammers start swinging again

Posted on July 18, 2015 by grim

From Bloomberg: Housing Starts in U.S. Surge to Second-Highest Level Since 2007 New-home construction in the U.S. climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects. Housing starts rose 9.8 percent … Continue reading →

Posted in Housing Recovery, National Real Estate, New Development | 26 Comments

Hipsters hate Yuppies

Posted on June 25, 2015 by grim

You are fooling nobody bud, you are clearly a hipster in a yuppie disguise. Also, be it noted, white men can’t tag. From the Jersey Journal: Photos show alleged vandal behind ‘Go home yuppie scum’ graffiti in Jersey City Police … Continue reading →

Posted in Humor, New Development, Unrest | 116 Comments

Bayonne the hot new market?

Posted on June 14, 2015 by grim

From the Hudson Reporter: Going up, up, up With dozens of rental developments in Hudson County going up and many recently being completed, why does a current report say that county rents are still on the rise, and may actually … Continue reading →

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

Newark Gentrification?

Posted on June 5, 2015 by grim

From the Star Ledger: ‘Renaissance’ or ‘gentrification’?: Panel to take on narratives surrounding Newark redevelopment Is Newark on its way to becoming the new Brooklyn? Or will it be, as city officials are fond of saying, “Newark 3.0”? … Entitled … Continue reading →

Posted in Demographics, Economics, Housing Recovery, New Development | 117 Comments

3 New North Jersey Casinos to Save AC

Posted on June 2, 2015 by grim

From the Star Ledger: Lawmakers now want 3 casinos in northern N.J. Several state lawmakers who want to allow casino gambling outside of Atlantic City are now seeking as many as three casinos in northern New Jersey — up from … Continue reading →

Posted in Demographics, Economics, New Development, Politics, Property Taxes | 181 Comments

“The concentration in the northeast quadrant of the state is striking”

Posted on May 30, 2015 by grim

From the Record: Homebuilding revs up in NJ, led by multifamily construction Home construction continues to heat up in New Jersey, especially in the multifamily sector, as builders obtained the largest number of monthly permits in April since the housing-boom … Continue reading →

Posted in Housing Recovery, New Development, New Jersey Real Estate | 44 Comments