Category Archives: New Development

Liquor up

Posted on February 24, 2023 by grim

From InsiderNJ: Governor Murphy Holds Roundtable Discussion on Modernizing New Jersey’s Antiquated Liquor Licensing Laws Governor Phil Murphy today held a roundtable discussion where he met with stakeholders to gather input and learn from diverse perspectives for his new legislative … Continue reading →

Posted in New Development, New Jersey Real Estate | 75 Comments

You’ll all be famous

Posted on December 22, 2022 by grim

From the Star Ledger: Netflix unveils huge $903M plan for N.J. production studios at ex-military base Netflix unveiled plans Wednesday for an investment of $903 million into a production facility at the former Fort Monmouth in New Jersey that would … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 111 Comments

Reinventing Jersey

Posted on August 15, 2022 by grim

From CoStar: As Former Toys R Us Campus Awaits New Use, New Jersey Embarks on Transforming the American Office Park The future of the former Toys R Us corporate headquarters is still to be determined in New Jersey, a state that’s … Continue reading →

Posted in New Development, New Jersey Real Estate | 31 Comments

July Beige Book

Posted on July 15, 2022 by grim

From the Federal Reserve: Beige Book – July 2022 Federal Reserve Bank of New York Summary of Economic ActivityEconomic growth in the Second District slowed to a crawl in the latest reporting period, as demand from households and businesses weakened … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 122 Comments

What does 3000 new units look like

Posted on April 18, 2022 by grim

From TAP Wayne: Mapping the New Housing Developments in Wayne  This article is to help Wayne residents visualize where each of the proposed new residential developments will be built in Wayne over the next several years. Below, you will find … Continue reading →

Posted in Demographics, New Development, New Jersey Real Estate | 63 Comments

Isn’t this the American Dream?

Posted on February 25, 2022 by grim

From Yahoo Finance: New Jersey’s American Dream Megamall Is Once Again Sinking in Debt Since its groundbreaking nearly two decades ago, the megamall built in New Jersey’s Meadowlands has done little except hemorrhage cash. Now, less than two years after … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate, Risky Lending | 326 Comments

Shovels Ready

Posted on January 21, 2022 by grim

From the Star Ledger: Feds clear the way for Gateway Tunnel project to get billions in funding The final hurdle needed to qualify for federal funding to start building the $12.3 billion Gateway rail Tunnel was cleared Thursday when the Federal … Continue reading →

Posted in New Development, New Jersey Real Estate, NYC | 104 Comments

The new big box mart

Posted on January 12, 2022 by grim

From the Real Deal: Northern NJ industrial properties are fetching record rents Warehouse tenants in 2021 paid more for proximity to the largest consumer market in the U.S. than ever before. Retailers, manufacturers and other industrial renters want so badly … Continue reading →

Posted in Economics, National Real Estate, New Development, New Jersey Real Estate | 278 Comments

“How high is too high?”

Posted on December 26, 2021 by grim

From CNBC: Sales of newly built homes tank as affordability hits buyers At some point the price is just too high. That may be increasingly the case for potential buyers of newly built single-family homes. Sales of those homes in … Continue reading →

Posted in Economics, National Real Estate, New Development | 114 Comments

Ivy calling Kool-Aid again

Posted on November 8, 2021 by grim

From the Real Deal: Strong housing demand a mirage, says analyst who called previous crash Everyone seems to be betting the house on a new home these days. Multibillion-dollar private equity firms. Joe Schmo house-flippers. Even savvy tech firms. Everyone … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 241 Comments

Silk City is Hot

Posted on September 22, 2021 by grim

From the Record: Gentrification or growth? Why Paterson is hot for real estate buyers and investors Zaib Atyat purchased his first home in Paterson 20 years ago for $250,000. The three-family unit on the city’s south side offered a steady source … Continue reading →

Posted in New Development, New Jersey Real Estate | 125 Comments

Boom or bubble

Posted on September 13, 2021 by grim

From CNBC: Here’s why experts believe the U.S. is in a housing boom and not a bubble The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic. During the pandemic, home prices have climbed at a record … Continue reading →

Posted in Housing Bubble, National Real Estate, New Development | 384 Comments

Maybe some gentrification isn’t so bad?

Posted on September 6, 2021 by grim

Interesting piece from VOX: What we talk about when we talk about gentrification In his 2019 paper “Hoboken Is Burning: Yuppies, Arson, and Displacement in the Postindustrial City,” Princeton historian Dylan Gottlieb documented the violent displacement Puerto Rican residents faced … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 198 Comments

Nothing in between

Posted on September 4, 2021 by grim

From NPR: The Housing Shortage Is Significant. It’s Acute For Small, Entry-Level Homes America’s roaring real estate boom is leaving millions of would-be homebuyers out in the cold. The problem is most severe in that corner of the market that … Continue reading →

Posted in Economics, National Real Estate, New Development | 60 Comments

More bureaucracy? Why not!

Posted on August 9, 2021 by grim

From NJ Spotlight: Ongoing warehouse boom prompts renewed calls for broader regulation After new data showed New Jersey’s warehouse boom continues unabated, advocates renewed calls for state or regional control over where they can be built and for limits on … Continue reading →

Posted in New Development, New Jersey Real Estate | 218 Comments