Most sectors of the commercial real estate market in New Jersey have been badly hurt by the COVID-19 pandemic, but that’s not the case with residential real estate. It turns out home sales in many parts of the Garden State are doing great. According to Rutgers...
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Missing unemployment checks, scarce jobs in coronavirus economy
Rutgers analyst James Hughes says the cultural and economic landscape’s been forever altered by the COVID-19 pandemic. He notes New Jersey’s still short 600,000 jobs lost to the lockdown. As for all the jobseekers, his new report sketches a bleak economic recovery...
N.J. has nation’s 2nd highest unemployment rate even as we reopen. What that means for our economy
New Jersey is the only state in the nation to see the number of new coronavirus cases drop in the last two weeks, but the pandemic’s financial impact continues to grow, according to a new Rutgers study. The economic freeze, fueled by...
The changing work habits caused by COVID-19 could give NJ suburban office space a boost
For nearly four months, a large chunk of New Jersey has been working from home. Now, even though the state’s reopening is on pause, employers are preparing for an eventual return to the workplace — and experts familiar with the North Jersey suburban office market are...
We asked an economist: How long will it take NJ to make a comeback?
NJ 101.5 talks with James Hughes (Bloustein) about the jobs increase since May, which he said is a positive trend, but said the state needs to recover 74% more in order to get back to February levels. NJ1015.com, July 16, 2020
Is New Jersey’s rate of out-migration cause for concern?
The United Van Lines National Movers Study has been cited in numerous news articles with headlines like “More residents move out of New Jersey than any other state.” Senate President Steve Sweeney even used the report as a way to track outward migration saying it...
What will happen to New Jersey’s economy in 2019?
As we begin 2019, the global economy seems uncertain. But experts believe the outlook is more positive than negative, including in New Jersey. “Our growth rate for employment, at least through October, was very consistent to that of the nation, was very consistent to...
Five-star luxury hotel, conference center eyes former Hoffmann-La Roche site
Throughout the region, millennials and the employers seeking to attract them want office environments with an urban feel, even if that means creating a mini-downtownwithin a suburban office park by adding walkways, restaurants and housing. In their evolution from the...
North Jersey office boom, 30 years later: Here's what happened to all those buildings
Nearly all of the office buildings in North Jersey were built during a 1980s construction boom, and they are therefore roughly the same age. But they have vastly different life expectancies. Some have been given up for dead and are scheduled for demolition. Others are...
The death of N.J.'s suburbs might be a total myth. Even the experts are surprised
Hunterdon, Monmouth and Hudson saw their year-over-year population losses slow or halt between 2016 and 2017, while more urbanized counties like Hudson and Union experienced significant slowdowns in their recent breakneck growth. "It could be a blip in the data, but...
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Introducing a New Inland Design Flood Elevation Dataset for NJADAPT
VirtualOn July 17, 2023, the New Jersey Department of Environmental Protection (NJDEP) adopted its Inland Flood Protection Rule which, among other actions, establishes a new Design Flood Elevation (DFE) standard […]
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Zeppelin Hall Biergarten 88 Liberty View Dr, Jersey CityJoin us for an alumni mixer in #JerseyCity on Thursday, June 6th at Zeppelin Hall Biergarten. Parking for Zeppelin Hall is FREE - more information can be found here: https://zeppelinhall.com/map/. This […]