Top News
Bell Works: Zucker recounts shutdown of iconic complex, eyes reopening after COVID crisis

The coronavirus crisis has upended Bell Works, one of New Jersey’s most complex and high-profile adaptive reuse projects in recent memory, as it was nearing the peak of its success. The developer behind the landmark project is now navigating this latest challenge.

Office
Bronsnick: ‘Decentralization’ from Manhattan could benefit New Jersey office market

Corporations are weighing plans to spread their operations in the wake of the coronavirus outbreak, providing an opportunity for New Jersey landlords who can rise to the challenge.

Government & Public Policy
NJAA lauds passage of $100 million rental assistance bill, urges Murphy to sign into law

A bill that would create a $100 million rental assistance program in New Jersey — one that has drawn support from the apartment industry — is now awaiting action by Gov. Phil Murphy.

Government & Public Policy
NJBA hails return of non-essential construction, pledges support for safety rules

The New Jersey Builders Association is praising Gov. Phil Murphy’s decision to allow non-essential construction to resume in New Jersey, while pledging support for the guidelines included as part of the executive order that lifted the restriction.

Government & Public Policy
Non-essential construction projects in New Jersey can resume Monday, Murphy says

New Jersey will allow non-essential construction to resume starting Monday morning, Gov. Phil Murphy said, while also permitting non-essential retail stores to reopen for curbside pickup.

Policy Page
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.

Government & Public Policy
Murphy taps developers, industry leaders economic recovery council

Gov. Phil Murphy has tapped more than three dozen development executives, labor leaders and other industry professionals as part of a new council to help restart New Jersey’s economy.

Retail
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.

Residential & Mixed Use
Developers of new Hoboken rental building launch COVID donation program

The development team behind a new 424-unit apartment building in Hoboken is taking steps to support those on the front lines of the coronavirus pandemic.

Guest Columns
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.