Last month I alluded to how quickly things can change during a situation such as a pandemic, especially one that has so dramatically impacted our economy. That is certainly still the case in New Jersey, but the good news is that (as of now), things may be changing for the better.
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How can construction teams use technology to ensure social distancing going forward?
How can construction teams use technology to ensure social distancing going forward? We assembled a panel of industry experts to tackle this month’s question.
Re-entry to the new workplace in a post COVID-19 reality
With eyes on recovery, Gov. Phil Murphy has formed a “cabinet-level” advisory commission to focus on the macro issues, including resilience, infrastructure and messaging, and a Restart and Recovery Advisory Council with subcommittees to work out the details of how and when various sectors of the workforce will resume operations. Landlords and tenants will confront myriad issues as the stay-at-home restrictions are lifted and businesses reopen under a new set of protocols.
Sharbell’s iconic ‘town center’ in Robbinsville, 25 years in the making, is a model for mixed-use
Tom Troy, president of Sharbell Development Corp., has been with the firm since 1987 and has helped spearhead its development of the landmark Washington Town Center project in Robbinsville. — Photo by Aaron Houston for Real Estate NJ By Joshua…
Landlords brace for fallout, search for solutions with retailers battered by COVID-19 shutdown
New Jersey shopping centers that once buzzed with a steady hum of activity have been quiet since late March, with most retail businesses shut down to contain the spread of COVID-19. Retail landlords are now scrambling to figure out how to deal with tenants who say they can’t pay rent because their revenue streams have stopped cold — even though property owners still have their own financial obligations.
The economic value of the multifamily industry
In the weeks since the start of this crisis, the primary focus was on the health impacts of COVID-19, and rightfully so. And while the economic impact never left our minds, recent data has now put the financial health of our country and our state on the front burner.
Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order
In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.
Developers, municipalities prepare for virtual entitlement process amid health crisis
By Joshua Burd As the real estate industry prepares for life in the wake of COVID-19, the new normal — at least in the near term — will include the likes of virtual planning and zoning board hearings. New Jersey…
Industrial sector could bounce back quickly — and stronger — after short-term hit from COVID
Industrial developers and companies seeking logistics space are unlikely to face lasting damage from the coronavirus pandemic, experts say, but the market is still poised for major changes amid disruptions to supply chains and consumer spending habits.
Hoboken Brownstone is making its mark in Jersey City, backed by 40 years of urban redevelopment expertise
With a tried and true formula that goes back 40 years, Hoboken Brownstone Co. now has a development and construction pipeline in Jersey City of more than 2,000 luxury apartments.
