Category Archives: New Development

Bayonne the hot new market?

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?

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

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”

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

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