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...
Topic
real estate
Have Office Parks Become Obsolete?
The same demographic trends threatening New Jersey’s malls have left the state with dozens of abandoned office parks—sometimes referred to as “gray fields”—and countless vacancies in suburban office buildings. Lately, however, technology has changed the workplace...
Results of 8th annual NJBankers Economic Survey released
The New Jersey Bankers Association, in conjunction with the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, has released the results of the eighth annual NJBankers Economic Survey of Bank CEOs. The survey inquired about national and...
More businesses moving into Central Jersey
Rutgers economist James Hughes said many of the office buildings in Central Jersey were constructed 30 to 35 years ago, “however a number of properties have been repositioned, they have been upgraded, their information technology systems are state of the art.”...
Business Leaders Meh About NJ's Prospects But Optimistic for National Economy
New Jersey’s top business leaders are optimistic about the direction that the national economy is heading in this year, but as the state gets ready to elect a new governor, they are more cautious about New Jersey’s own immediate economic future. The results of a new...
Presentation and Discussion of 2017 Real Estate and Economic Policy Research Consortium Business Survey to be held June 27
WHAT: A webinar presentation and expert panel discussion of findings from the longitudinal survey of New Jersey business leaders conducted by the Edward J. Bloustein School of Planning and Public Policy, Rutgers University. WHO: James W. Hughes, distinguished...
Prominent Real Estate Investor, Influenced by Rutgers Regional Report, Results in Successful South Jersey Acquisitions
In December 2012, Dr. James W. Hughes, Dean, Edward J. Bloustein School of Planning and Public Policy, Rutgers University, and his colleague, Dr. Joseph J. Seneca, published, Reinventing the New Jersey Economy: New Metropolitan and Regional Employment Dynamics. The...
Bloustein, NJBankers release results of Sixth Annual Economic Survey of Bank CEOs
The New Jersey Bankers Association has released the results of the sixth annual NJBankers Economic Survey of Bank CEOs, conducted by researchers at the Bloustein School. The survey inquired about national and state current economic assessments, as well as six-month...
Central Jersey home sale values rising: Is it enough?
New Jersey has its own set of problems. James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers, said more people are leaving the state than ever before. Hughes compared that statistic to a “balance of payments.” Between 2010 and...
Expert economic outlook for NJ: Cautiously pessimistic
For future success in a post-suburban economy, New Jersey's business, political and community leaders have to confront a three-decade-old office footprint that has become outdated and unusable in today's growing digital economy. "The harsh economic reality is that...