What are we still learning about Hurricane Sandy’s impact on commercial real estate? We assembled a panel of industry experts to tackle this month’s question.
Recalibrating
I can point to a stretch of two to three weeks in March 2020 when the market was eerily quiet, as we all adjusted to life at the height of a public health crisis. Otherwise, we’ve had a largely uninterrupted, decade-long run of deal activity, development updates and other happenings that have fueled the engine of New Jersey commercial real estate news. That all figures to continue, but perhaps at a different pace as far as those deals are concerned.
Right at home: NJAA moves to Trenton, with advocacy looming ever larger after COVID crisis
The New Jersey Apartment Association has changed its address, but there’s nothing unfamiliar about its new home in Trenton. The organization and its in-house team, previously based in Middlesex County, have long been a key voice in state politics and policymaking, advocating on behalf of a membership that owns and manages some 230,000 rental units.