The political events of 2016 have ushered in a New Year that will be marked by dramatic change at both the federal and state levels.
In Jersey City, fashion designer Tory Burch has leased 93,000 square feet over two floors at 499 Washington Blvd., an office tower in LeFrak’s master-planned Newport community.
Even after accounting for the fact that interest rates and expected inflation jumped after Donald Trump’s election, I would guess there is a 20 percent possibility that short-term interest rates become negative in the next two years.
What does the year 2017 have in store for the commercial real estate market?
We can’t say for sure — and we know you can’t either — but we asked some of the industry’s top professionals in New Jersey to give it their best shot. In the process, we’ve tried to bring you a good cross-section of experts from different disciplines.
The New Jersey Apartment Association has stepped up its lobbying efforts in policy issues affecting the state’s overall business community, as it continues to advocate for legislation that will help the multifamily housing industry.
Hackensack city officials have picked Hornrock Properties and Russo Development to transform a 4.3-acre parking lot into a mixed-use complex with 338 residential units and retail space.