Update on New Jersey Market Feat. Yanni Marmarou
Manage episode 499861361 series 3472451
Despite predictions of a slowdown, New Jersey’s real estate market is experiencing a surprising surge in activity. Yanni Marmarou of IPRG’s New Jersey office joins to discuss what’s driving this momentum, how transit-oriented development is reshaping areas like Jersey City, and why shifting demographics are influencing the types of assets developers pursue. From the controversial “mansion tax” to Hoboken rents rivaling Brooklyn’s, this episode explores the forces behind the state’s rebound, and why there’s reason to remain optimistic about its upward trajectory.
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Chapters
1. Jersey's Hot Summer Real Estate Market (00:00:00)
2. Development Trends Along Transit Lines (00:06:45)
3. Shifts in Municipal Attitudes Toward Development (00:14:30)
4. Industrial Property and Retail Market Activity (00:20:35)
5. The "Mansion Tax" and Political Impacts (00:28:42)
6. Rental Market Trends and Future Outlook (00:39:27)
7. Quick-Fire Real Estate Word Association (00:52:57)
34 episodes