R/ECON event to review NJ’s real estate market, speed of economic recovery

May 8, 2014

On Friday, May 9, the Rutgers Economic Advisory Service (R/ECON)semiannual subscriber forecast and conference will examine the pace of New Jersey’s economic recovery and provide insight into aspects of the real estate market that are helping establish momentum for the state’s comeback.  R/ECON is presented by the Edward J. Bloustein School of Planning and Public Policy at Rutgers, The State University of New Jersey. The event will be held from 10 a.m. to 12:30 p.m. at the Bloustein School’s Special Events Forum, Civic Square, 33 Livingston Ave., New Brunswick. It is free and open to the public.

Anne Strauss-Wieder, principal of the transportation, economic and strategy consultancy that bears her name, will discuss New Jersey’s role as one of the nation’s leading hubs for distribution and supply chain activity. The supply chain industry is the largest employer in New Jersey. Jeff Hipschman, senior managing director of CBRE in East Brunswick, which has a long history of understanding and serving New Jersey’s office, industrial and retail markets, will speak about the growth in data centers. Ronald S. Ladell, senior vice president of AvalonBay Communities Inc., will address the multifamily housing market. Since 2009, AvalonBay has opened eight multifamily projects from Passaic to Somerset counties, expanding its New Jersey portfolio to about 6,500 units over 18 communities with more to come.

Nancy H. Mantell, R/ECON director, will provide New Jersey’s short-term and long-term economic forecasts while Bloustein School Dean James W. Hughes will offer his thoughts on the state’s “Recovery After the Recovery.”

Member of the media interested in attending the R/ECON conference and forecast or wishing to interview with Director Nancy Mantell should contact Steve Manas, Rutgers Office of Media Relations, at 848-932-0559 or 732-991-7397. To request media parking, you must call Karyn Olsen at 848-932-2814 or at karyno@rutgers.edu by Thursday, May 8 to request a parking voucher.



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