Category Archives: New Development

How to improve the NJ economy? Remove building restrictions.

From HousingWire: Housing in places like New York, San Francisco fail more than just the locals Significant restrictions on housing polices in three American cities significantly curtailed the economic growth of this country in the last half-century. That’s right, if … Continue reading

Posted in Economics, New Development, New Jersey Real Estate, NYC, Politics | 165 Comments

NJ houses to get more expensive

From the Star Ledger: All new houses would be required to have sprinklers, under bill on Christie’s desk The deadline for Gov. Chris Christie to sign or veto legislation that would require every new single or two-family home built in … Continue reading

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

Gold Coast rises again?

From the Jersey Journal: Jersey City sees building boom Jersey City is about to get a lot more crowded. The city is expecting nearly 3,000 residential units to come online before the end of the year, while developers are expected … Continue reading

Posted in Housing Recovery, New Development, New Jersey Real Estate | 87 Comments

Fleeced: $350k Ranch Renovation

Where did the money go? I just don’t see it. Spent $350k and the showpiece was an Ikea kitchen? The money went into fancy light fixtures? I just don’t see it. Sorry, but sounds like you were fleeeeced – From … Continue reading

Posted in New Development, North Jersey Real Estate | 20 Comments

Montclair council votes to change government to fascist dictatorship

From the Patch: Montclair Debates ‘Redevelopment’ at Lackawanna Plaza he plan to redevelop Lackawanna Plaza marches ahead, but what the final vision will end up looking like is still up for debate. During a public workshop held on Monday, representatives … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 83 Comments

“Newark needs love, Paris doesn’t”

From Politico: Is Newark the Next Brooklyn? NNewark is building again. Yes, that Newark—the city in Jersey that burned after the ’67 riots, the one that helped to define “white flight,” that struggles still with almost impenetrable unemployment and homelessness … Continue reading

Posted in Housing Recovery, New Development, New Jersey Real Estate | 40 Comments

Wish we were over-heated, I’m done with the winter.

From the WSJ: Report Says “False Equity is on the Rise” in Housing Market Home prices in some U.S. markets are rising much faster than rental incomes or what it would cost to build new houses in those markets, according … Continue reading

Posted in Housing Bubble, New Development, New Jersey Real Estate | 17 Comments

COAH dead – but is there any alternative?

From NJ Spotlight: COAH IS HISTORY: STATE’S TOP COURT DECLARES TROUBLED AGENCY ‘MORIBUND’ Declaring New Jersey’s affordable housing process “nonfunctioning,” the state Supreme Court on Tuesday removed from the executive branch jurisdiction over low- and moderate-income housing and sent it … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 56 Comments

You can fix this fixer-upper up with a little bit of love!

From the WSJ (hat tip Chi): Fixer Uppers: A Pot of Gold or a Money Pit? Fixer-uppers are an increasingly popular option for home buyers looking to save a little money in exchange for a bit of elbow grease, says … Continue reading

Posted in Housing Recovery, National Real Estate, New Development | 99 Comments

How I learned to stop worrying and love pink

From the Record: Pink baths: time has not been kind to these tiles When Stacey Lopis’ friends see the bathroom in her 1960-vintage Hawthorne ranch, they all say the same thing: “You have to get rid of the pink tile.” … Continue reading

Posted in Demographics, New Development, New Jersey Real Estate | 60 Comments

NJ homes to get even more expensive

From the Star Ledger: Legislation to require sprinklers in new N.J. homes on fast track after Edgewater fire A bill that would require most new single and two-family homes built in New Jersey to be equipped with sprinkler systems is … Continue reading

Posted in New Development, New Jersey Real Estate, Politics | 80 Comments

Sorry, couldn’t help myself…

From the Star Ledger: Snooki buys new $2.6M Florham Park home Nicole “Snooki” Polizzi is expanding her real estate portfolio. The “Jersey Shore” alum purchased a $2.6 million home in Florham Park with her husband Jionni LaValle, property records show. … Continue reading

Posted in Humor, New Development, New Jersey Real Estate | 144 Comments

A different kind of housing boom in NJ

From the Record: NJ home building on track for best year since 2006 Powered by a surge in multifamily construction, home building in New Jersey is on track for its strongest year since 2006. Builders have taken out 23,738 building … Continue reading

Posted in Demographics, Housing Recovery, New Development, New Jersey Real Estate | 73 Comments

Living Downtown

From the Record: Bergen County’s suburbs embrace a touch of the city  Robert Weiner, co-owner of the Bruce the Bed King mattress and furniture store on Hackensack’s Main Street, last week took his 96-year-old father to see a first in … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 85 Comments

Nobody happy about September’s New Home Sales

From HousingWire: New home sales gains screech to a virtual halt in September Gains in sales of new single-family houses in September 2014 came to a screeching virtual halt, printing at a seasonally adjusted annual rate of 467,000, according to … Continue reading

Posted in Economics, Employment, Housing Recovery, National Real Estate, New Development | 122 Comments