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...
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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...
Study finds population shift to suburbs: Is it a trend?
Remember when suburbia was a four-letter word? City life is where it was at — access to transit, outdoor cafes, vibrant street life. Especially over the last decade, the trend was urbanization, led by millennials, in places like Jersey City and Hoboken, which saw...
New Jersey could give you $1000 to pay off your mortgage
NJ 101.5 writes that State Sen. Troy Singleton, D-Burlington, is sponsoring a measure that would give homeowners a tax credit of up to $1,000 in order to help cover an extra mortgage payment, quoting James Hughes. NJ1015.com, August 2, 2018
NJ suburbs bounce back as older millennials go for house and garden
A new report suggests suburban living in the metropolitan region may not be passé after all, although New Jersey’s urban counties are continuing to grow even faster than the suburbs. The new Rutgers Regional Report released yesterday indicates a possible resurgence of...
Rutgers Study: A New Shift to Suburbanization?
A new Rutgers Regional Report, “The ‘Burbs’ Bounce Back: ‘Trendlet’ or ‘Dead Cat Bounce’?” finds that the predicted transformative demographic shifts of the early part of the decade (2010-2016)—an urban resurgence and a suburban malaise—may, in fact, be reversing. The...
People are moving out of New Jersey – But is that a good thing?
Several studies have shown that many New Jersey residents are moving out of the state at a high rate. New Jerseyans say that the high cost of living in the state is forcing them to move to Pennsylvania and elsewhere. But as a state with an already high population, and...
Why are some New Jersey malls struggling to stay open?
Twenty-eight so-called enclosed malls dot New Jersey, and except for high-end enclaves like The Mall at Short Hills, many struggle to stay profitable. “That’s the other dimension of retooling malldom in New Jersey, shifting activities to experience, health, wellness...
R/ECON conference to discuss NJ's legacy a decade after the start of the Great Recession, Jan. 10
New Jersey has been fundamentally transformed during the long recovery from the Great Recession. What impact does this have on the state’s future economic prospects? On Wednesday, January 10, 2018, the R/ECON semiannual subscriber conference, "New Jersey’s Legacy a...
NJ jobs: Jersey Shore employers put out help-wanted signs
Trade, transportation and utilities, a sector that includes retailers, lost 1,400 jobs last month. Rutgers University economist James W. Hughes said it could be a sign retailers in the digital age are hiring fewer workers for their bricks-and-mortar stores. Still, New...
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