Category Archives: New Development

Our own little Disney

Posted on March 11, 2019 by grim

From the Star Ledger: Inside the N.J. town where retail spending beats Hollywood and tourism rivals Disney Name any brand, and it probably has at least one location in Paramus — some have two or three. At a time when … Continue reading →

Posted in Economics, New Development, New Jersey Real Estate | 50 Comments

The king falters

Posted on December 3, 2018 by grim

From the WSJ: New York’s Wealthiest Cut Losses as Manhattan Real Estate Falters When actor Brian Kerwin decided to sell his longtime Manhattan home—an 1880s Romanesque townhouse he and his late wife had carefully restored—he was hoping it would go … Continue reading →

Posted in Demographics, Economics, Employment, New Development, NYC | 174 Comments

Buyers prefer used houses

Posted on November 20, 2018 by grim

From the USA Today: Rising mortgage rates, home prices are becoming a toxic cocktail in the housing market Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation’s homebuilders. Sentiment … Continue reading →

Posted in Demographics, Economics, Mortgages, National Real Estate, New Development | 74 Comments

Murphy, you want an innovation economy? Fix these.

Posted on November 9, 2018 by grim

From the APP: 3 reasons NJ lost out on Amazon HQ: Bhatti Here are the top three reasons New Jersey lost: 1. Too expensive for Amazon: Seven billion dollars of tax incentives wasn’t enough. New Jersey made national news when … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 129 Comments

NJ Transit will do a great job

Posted on November 6, 2018 by grim

From NJ Spotlight: NEW NJ TRANSIT DIVISION TO TAKE ADVANTAGE OF HEFTY REAL ESTATE PORTFOLIO New Jersey Transit is among the mass-transit agencies that rely the most on fare revenues, according to a recent audit, which suggested a hefty real-estate … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics, Where's the Beef? | 76 Comments

Sorry NJ

Posted on November 4, 2018 by grim

From the Star Ledger: Amazon in ‘advanced’ talks with a city for HQ2. It’s not Newark. Newark’s chances at landing Amazon’s second headquarters is looking more like a long shot. Amazon officials are reportedly in “advanced discussions” about establishing its … Continue reading →

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

Strollers hit Jersey City

Posted on October 27, 2018 by grim

From the NY Times: Jersey City Grows Up When Zacheus and Ratri Chan showed up at an open house for a townhouse in the Bergen-Lafayette neighborhood of Jersey City last fall, there was a line down the street. The six-bedroom … Continue reading →

Posted in Demographics, Economics, Gold Coast, New Development | 15 Comments

New home sales “collapse” in the Northeast.

Posted on October 25, 2018 by grim

From CNBC: New home sales drop 5.5% in September to near two-year low New home sales plunged in September, falling 5.5 percent to an almost two-year low amid pressures from rising interest rates that have hammered the real estate market. … Continue reading →

Posted in Economics, National Real Estate, New Development | 35 Comments

Big Spender

Posted on October 12, 2018 by grim

From the Star Ledger: $170M Bayfront plan given final OK by Jersey City council A $170 million plan that city officials say will give them more control over the redevelopment of a formerly contaminated swath of waterfront land cleared a … Continue reading →

Posted in Gold Coast, New Development, New Jersey Real Estate, Politics | 33 Comments

Home rule crippling NJ’s future

Posted on September 24, 2018 by grim

From NJ Spotlight: THE CHALLENGE FACING NEW JERSEY’S SUBURBS: ‘ADAPT IN ORDER TO SURVIVE’ Could suburban communities really empty out if officials don’t plan better to meet the demand for vibrant, walkable neighborhoods? If recent population settlement patterns continue, and … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate, Politics | 120 Comments

Fighting against the “look” of urbanism

Posted on September 6, 2018 by grim

It’s ok, it’s less ‘urban’ if we make it look like a completely fake “farm”. From the Record: Montvale Planning Board members call plans for Mercedes-Benz site ‘too urban’ The housing and shopping center design for the former Mercedes-Benz headquarters … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 49 Comments

Who does this?

Posted on August 28, 2018 by grim

From the Star Ledger: ‘My Lowe’s contractor doesn’t care, and Lowe’s doesn’t either,’ homeowner claims When CherylAnne and Mike Amendola decided to expand and renovate the kitchen in their Lincoln Park home, they knew it would be a big job. … Continue reading →

Posted in New Development, New Jersey Real Estate | 82 Comments

City of the Future?

Posted on August 16, 2018 by grim

First time Outdoor magazine made it to the front page, great great piece: Affordable Housing Is the Key to a Thriving City Almost as long as there have been cities, there have been efforts to revamp their downtowns. But philosophies … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 57 Comments

Are PILOTs good or bad?

Posted on August 13, 2018 by grim

From ROI-NJ: Is fixing PILOT regulations a way to fix school funding? Marc Pfeiffer, assistant director at Rutgers University’s Bloustein Local Government Research Center, said the last time payments in lieu of taxes were addressed in the state was 1992. … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics, Property Taxes | 37 Comments

Is Newark sure it wants Amazon?

Posted on August 7, 2018 by grim

From Vice (first time ever?): Cities Are for Rich People Now and Wooing Amazon Only Makes It Worse If there are two facts of life in the modern American city, they are that rent will be too damn high, and … Continue reading →

Posted in Demographics, Economics, Employment, New Development, New Jersey Real Estate | 70 Comments