While local officials across New Jersey have hit the brakes on large-scale projects, Jersey City has made a deliberate effort to keep its pipeline flowing since the start of the health and economic crisis, as many developers remain bullish on its booming residential market.
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In spite of it all
It was a busy spring, surprisingly so, and I know many of you would agree. I’ve seen it firsthand in the lease and sale announcements that have continued to hit my inbox these last three months, with many of them offering praise to the parties involved for getting the deal done in the midst of “challenging economic times” or “uncertain market conditions.” I know full well that much of the industry is still hurting. We won’t lose sight of that. But we will take the opportunity to highlight some of the positive things that are happening in spite of the pandemic.
Walsh relaunches construction and project management firm, eyeing new lighting platform
The Walsh Company has enjoyed a fast start since it was relaunched last fall, with new assignments including roles as a general contractor, project manager and client representative. But Ed Walsh has also set his sights on an altogether new business: a lighting platform that he says provides users with greater control, efficiency and transparency than traditional fixtures.
Brokers, architects focus on workplace safety as office workers return post-COVID
Brokers, architects and other commercial real estate professionals are now advising office landlords and tenants on the process of returning to the workplace, outlining strategies such as de-densification, ramped up cleaning and sanitizing and communication to help keep workers informed and ensure social distancing.