Category Archives: New Development

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

Trey calls BS on little houses

(IMHO, this guy, Trey Garrison, is the top real estate journalist at the moment. Holds nothing back. A few years back this kind of journalism out of a trade rag was unheard of. I’m still kind of surprised this kind … Continue reading

Posted in Demographics, Economics, New Development | 71 Comments

Move over NYC

From the NY Yimby: North Jersey Builds a Lot of Housing, and Here’s How They Do It The pace of new residential construction is picking up in New York City, but it’s the west side of the Hudson that is … Continue reading

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 71 Comments

The Gold Coast River Bank?

From the WSJ: Comeback for Harrison, N.J. The town of Harrison, N.J., has long offered its residents a friendly, diverse and safe community; easy access to Newark, Jersey City and Manhattan; and relatively affordable wood-frame houses on quiet streets. “I … Continue reading

Posted in Demographics, Economics, Housing Recovery, New Development | 41 Comments

The New Gold Coast

From the WSJ: Jersey City’s Housing Boom Expands Jersey City’s residential construction boom is spreading beyond its waterfront area to neighborhoods farther inland where planners and developers have long dreamed about building with little to show for it until now. … Continue reading

Posted in Demographics, Economics, Housing Recovery, New Development | 71 Comments