Category Archives: New Development

Quite possibly the best deal you’ll ever see on a shore house

Posted on November 10, 2013 by grim

From the NYT: For Rent: Fixer-Uppers in a National Park The National Park Service put out an unusual for-rent sign last month: 35 historic buildings, including the genteel quarters of lieutenants and captains, at a wind-swept former Army base overlooking … Continue reading →

Posted in New Development, Shore Real Estate | 15 Comments

Renters get new options

Posted on November 5, 2013 by grim

From the WSJ: New Homes Get Built With Renters in Mind More single-family homes across the nation are being built for renters, a shift that mirrors a steady decline in homeownership in the years since the housing bust. Until recently, … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate, New Development | 264 Comments

Shaq rebuilding Newark

Posted on September 27, 2013 by grim

From the WSJ: Star Comes Home to Build in Newark Growing up here in the 1970s, Shaquille O’Neal’s family ushered him to two places to keep him off the streets: the local Boys and Girls Club and the nearby movie … Continue reading →

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

Bye Bye Saarinen, Hello Starbucks

Posted on September 11, 2013 by grim

From the NY Times: Future Takes Shape for Bell Labs Site Decades before the first smartphone, researchers at Bell Labs in central New Jersey developed the technology that ushered in the digital age. Now, the building that is as magnificent … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 109 Comments

Hammers swinging, multifamily rentals hot

Posted on August 27, 2013 by grim

GTG Alert –NJRER GTG now scheduled for Thu 8/29 from 6:30 PM ’til whenever; venue — Montecristo Lounge at J&R Cigars, 301 Route 10 East • Whippany, NJ 07981 (973) 887-0800 (http://www.jrwhippany.com/index.cfm?page=lounge). ———————————— From the Record: Rental properties spark leap … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 91 Comments

Gold Coast Renaissance (Take #3)

Posted on August 20, 2013 by grim

From the NYT: Have New Yorkers finally discovered Jersey City? As property values soar even in Brooklyn neighborhoods once viewed as on the fringe, New Yorkers are looking across that other river that separates Manhattan from the rest of the … Continue reading →

Posted in Economics, Housing Recovery, New Development, NYC | 97 Comments

Hammers start swinging again

Posted on July 3, 2013 by grim

From the Record: NJ home construction running 45% ahead of 2012 rate In another sign of a recovery in housing, New Jersey home construction is running 45 percent ahead of last year’s rate, according to the U.S. census. In the … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 33 Comments

Condo boom continues on the Gold Coast

Posted on April 10, 2013 by grim

From the NYT: New Jersey Condo Market Heats Up as Demand Surges After years of stagnating sales, the New Jersey condominium market is finally warming up, with developers building again and potential owners buying from floor plans. A handful of … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 81 Comments

400 square feet is the new 4000

Posted on January 4, 2013 by grim

From HousingWire: Generation Y values amenities over square footage Generation Y, those of us between the ages of 20 to 34, are playing a large role in the multifamily market and reshaping how it will look moving forward. “Clearly Gen-Y … Continue reading →

Posted in Demographics, Economics, New Development | 94 Comments

Sandy Recovery: Significant multiplier or short-term pop?

Posted on December 27, 2012 by grim

From Bloomberg: Sandy Recovery Spurs Hiring From Furniture to Plumbing The first customers Michael Guarino saw after superstorm Sandy asked to cancel orders for furniture no longer needed in their damaged homes, threatening the survival of a business his family … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate, South Jersey Real Estate | 51 Comments

Jersey’s relief package up for debate

Posted on December 18, 2012 by grim

From the Record: Republicans cite “questionable” spending as Senate begins debate on $60B Sandy relief package The debate over a $60.4 billion federal Sandy relief package began in earnest on Monday with Senate Republican leaders arguing that the bill includes … Continue reading →

Posted in Economics, New Development, Politics, Shore Real Estate | 92 Comments

Battle lines are drawn

Posted on December 16, 2012 by grim

From the Star Ledger: Jersey Shore revolution begins, as FEMA releases new flood maps A revolution is likely coming to the New Jersey Shore, and the federal government just fired the first shot. The Federal Emergency Management Agency released advisory … Continue reading →

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

Not rebuilding is not an option

Posted on December 14, 2012 by grim

From the Star Ledger: Building boom won’t help N.J. economy if Shore doesn’t bounce back, committee says New Jersey will experience a post-Sandy building boom, but it won’t help the overall state economy if the Shore doesn’t do well, an … Continue reading →

Posted in Housing Recovery, New Development, Shore Real Estate | 129 Comments

The New American Household

Posted on December 1, 2012 by grim

From the NYT: Under One Roof, Building for Extended Families Tom and Kristin Moser’s new house — nearly 3,000 square feet in a development outside Tucson — has all the modern amenities, including solar panels and an open kitchen. But … Continue reading →

Posted in Housing Recovery, New Development | 69 Comments

It’s clear, nobody has any idea what Sandy means for NJ real estate

Posted on November 30, 2012 by grim

From the Record: Housing market expected to recover quickly from Sandy While superstorm Sandy damaged or destroyed about 70,000 homes in New Jersey, the housing market is not likely to suffer long-term effects from the storm, economists from the Federal … Continue reading →

Posted in Economics, Housing Recovery, New Development, New Jersey Real Estate | 141 Comments