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Morristown’s transformation set to continue with new office, residential projects
Morristown has become one of New Jersey’s premier transit-oriented areas situated within a unique urban/suburban setting. Morristown’s 24/7 vibrant downtown is defined by its walkable and rapidly growing retail and residential developments. The heart of the commercial corridor surrounds the Morristown Green, a two-and-a-half-acre park that is bordered by upscale housing, office towers along with many restaurants and shopping options, attracting a high concentration of millennials.
Life sciences breeding positive momentum in the New Jersey CRE market
The nation’s life sciences sector continues to expand, boosted by technological advancements, growing employment and a strong economy. While Boston and San Francisco remain the country’s main life sciences hub, their tightening inventory and constrained labor force has driven momentum south to the Garden State.
It’s full steam ahead for New Jersey’s industrial market
The New Jersey industrial real estate market has been a model of consistency for the past three years. So, it should come as no surprise that the market had another strong performance to close out the decade, as healthy demand for large blocks of space helped keep absorption positive for the 28th consecutive quarter.
New Jerseyans Want Clean and AFFORDABLE Energy
Here in New Jersey, we need energy to heat our homes and power our modern lives. However, recently introduced public policy could mandate that consumers could lose choice and be forced to convert to a significantly more expensive form of energy — in fact, it could double your monthly bill. In a recent poll about this very subject, New Jersey residents made it loud and clear that they want to make their own decisions in how to provide energy for their homes.
What all real-estate companies, developers and professionals need to know about political contributions
With the presidential election now less than a year away, 2020 promises to be a year in which politics is difficult to escape. But before businesses and individuals rush to engage in political activity and make political contributions at the county and municipal levels, it is important to review New Jersey’s pay-to-play laws. Because what the real-estate world doesn’t know about political contributions may come back to hurt it.
