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...
Topic
real estate
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Jersey's business, political and community leaders have to confront a three-decade-old office footprint that has become outdated and unusable in today's growing digital economy.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...
Student program helps NAIOP build a bridge to real estate industry's future
Joe Zagari wasn’t necessarily looking to network, much less find an internship in commercial real estate. But the Rutgers University graduate student would accomplish both after accepting the invitation of classmate Mark Russo, NAIOP New Jersey's education...
Where are firms leasing the most office space in N.J.? On the waterfront, where the housing is
Hughes said the latest generation of workers, the Millennials, want to live and work, not to mention play, in the same place, in particular urban areas that include the Hudson waterfront. "Jersey City has the housing, that's certainly a positive in terms of the office...
Monmouth University Kislak Real Estate Institute honors Dean Hughes with Service to The Industry Award
On Thursday, May 28, Bloustein School Dean James W. Hughes received the Monmouth University Kislak Real Estate Institute (KREI) Service to the Industry Award at its 22nd annual Leadership Excellence Award dinner. More than 500 real estate executives and professionals...
How office parks are dragging down N.J.'s recovery
Eighty percent of all the commercial office space that exists today was built in the 1980s. Much of that stuff is between 25-30 years of age now," said James Hughes, dean of the Bloustein School of Planning and Public Policy at Rutgers University. "What we're seeing...
Building, jobs, lifestyles, drive Jersey City’s boomlet
James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers, said Jersey City can never be overlooked due to its close proximity to New York City, but it’s also benefiting from what he calls the “greatest age structure transformation...
Millennials care most about affordability, convenience, food
Millennials are not likely to dole out cash to cover commuting expenses but will do their best to live affordably in an area with a large selection of nearby amenities, according to a study from the Edward J. Bloustein School of Planning and Public Policy. A team of...
Hughes: NJ needs to “retrofit suburbia” to accommodate the new lifestyle requirements of young millennials
With one-quarter of New Jersey’s office space lying vacant, the state needs to engage in "retrofitting suburbia" in order to make spaces more attractive to young millennials, according to Dean James W. Hughes. He noted that the tech economy is moving to Brooklyn, and...
Rutgers Forecast: New Jersey’s recovery still trails its neighbors and nation, with ‘moderate’ job growth expected
While a difficult winter has depressed job growth early in 2014, New Jersey actually has experienced slight improvement over a comparable period last year, according to Nancy Mantell, director of the Rutgers Economic Advisory Service (R/ECON). But Mantell predicts the...