Category Archives: New Development

Will rent control hinder Newark redevelopment?

Posted on September 11, 2017 by grim

From the Star Ledger: Residents win rent control battle; landlords face steeper hurdle to raise rents Landlords looking to raise rents on rent-controlled buildings will have to meet a higher threshold to do so under new measures passed by the … Continue reading →

Posted in New Development, New Jersey Real Estate | 46 Comments

That was fast…

Posted on September 4, 2017 by grim

From the NYT: The Urban Revival Is Over For all the concern about the gentrification, rising housing prices and the growing gap between the rich and poor in our leading cities, an even bigger threat lies on the horizon: The … Continue reading →

Posted in Demographics, National Real Estate, New Development | 34 Comments

New homes were never cheap

Posted on August 18, 2017 by grim

From CNBC: As housing affordability weakens, more buyers are left out in the cold The cost of housing is rising at a fast clip, and nowhere is it more apparent than in the market for newly built homes. Sales there … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 89 Comments

Wise up NJ, or get left behind.

Posted on August 11, 2017 by grim

From the Record: New Jersey’s suburban economy’s existential crisis A new study suggests that New Jersey could expand its economy by $150 billion and create a quarter-million new jobs over the next decade by making a number of policy changes … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 49 Comments

Want to live in a spy house?

Posted on July 27, 2017 by grim

From the Record: Russian spy home in Montclair to be sold and renovated Marquette Road is a quiet, sleepy block in the northern part of Montclair near the town’s border with Clifton. The kind of block where Russian spies could … Continue reading →

Posted in New Development, New Jersey Real Estate, Politics | 51 Comments

The Future of America – Boarding Houses

Posted on July 24, 2017 by grim

From Quartz:

Posted in Demographics, Economics, New Development | 122 Comments

Has Asbury made it?

Posted on July 20, 2017 by grim

From the NY Post: Jersey Shore’s Asbury Park returns to its glory days Few towns along the Jersey Shore have enjoyed a more visible beachfront revival over the past few years than Asbury Park, the vibrant summer enclave about 60 … Continue reading →

Posted in Demographics, Economics, New Development, Shore Real Estate | 56 Comments

We can’t build anything anymore…

Posted on July 17, 2017 by grim

From Salon: Chris Christie’s era of misrule in Jersey: The empty swamp mall and the canceled tunnel While Gov. Chris Christie’s Bridgegate gambit rightfully helped kneecap his presidential run, it was his cancellation, in 2010, of a trans-Hudson rail tunnel … Continue reading →

Posted in National Real Estate, New Development, New Jersey Real Estate, Politics | 102 Comments

March 2019? Yeah, right.

Posted on June 30, 2017 by grim

From the Record: American Dream Meadowlands finalizes $2.8B in construction financing; work resumes A complex $2.8 billion closing on construction financing for American Dream Meadowlands was completed on Thursday, locking in the funds developers say they need to finish the … Continue reading →

Posted in New Development, New Jersey Real Estate | 90 Comments

Time for Newark

Posted on June 29, 2017 by grim

From the Commercial Observer: Five Reasons to Pay Attention to Newark Of all the commuter cities west of the Hudson River, Newark, N.J., gets the least respect from real estate professionals. Some of the reasons for this are understandable; Newark … Continue reading →

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

Say it ain’t so

Posted on June 28, 2017 by grim

From the Washington Post: The McMansion, ultimate symbol of the pre-recession boom, is back If there’s anything that typifies the boom times before the Great Recession, it is the McMansion. These sprawling houses proliferated around the country in the 2000s, … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate, New Development | 68 Comments

Do so at your own peril

Posted on June 23, 2017 by grim

From the Record: Millennial generation shunning the suburbs for city life They want the bustle. They want the convenience. They want the diversity. In short, they want the city and not the suburbs – even after their children start school. … Continue reading →

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

No New Homes

Posted on June 18, 2017 by grim

From HousingWire: Economists: Housing inventory could soon turn into an emergency The latest report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau showed housing starts sank to an eight-month low. Now, economists are saying … Continue reading →

Posted in Economics, National Real Estate, New Development | 26 Comments

Bayonne joins the Gold Coast

Posted on June 2, 2017 by grim

From the NY Post: When Jason Tsay and Michael Suchocki left artsy Chelsea for sleepy Bayonne, they thought the New Jersey city was on the cusp of a real estate renaissance. Turns out they were a decade early. The couple … Continue reading →

Posted in Demographics, Economics, Gold Coast, New Development | 124 Comments

The New Newark

Posted on May 26, 2017 by grim

From the NYT: Work for Audible, Live Rent-Free? Would you live in Newark if your boss paid your rent for a year? That was the question that Audible.com, the audiobook company, posed to its workers when it announced a housing … Continue reading →

Posted in Demographics, Economics, New Development, New Jersey Real Estate | 28 Comments