Blog
WHY WON’T BUSINESS OWNERS ASK FOR HELP?
Did you ever wonder why folks in 2023 are afraid to ask for help? Let me make a bold suggestion. Could it be an issue of trust? Since the readers of this newsletter are most focused on commercial real estate and how it affects their businesses, let's try to get specific. Here we are, almost three years after the Pandemic… Read More
WINNERS AND LOSERS
Readers of this newsletter know how, over the last three years, we have chronicled the traumatic events affecting commercial real estate in the State of New Jersey. As the dark cloud of Covid has lifted, we are now observing the full scope of the tremendous wreckage in its wake, the effects of which are just coming into focus. What do… Read More
HAPPINESS VERSUS MEANING
One of the Guru’s guiding my life is the late Rabbi Jonathan Sacks z”l. Each week Rabbi Sacks would provide his unique perspective on the most important issues of the day. One of my favorite weekly discussions of his was on the topic of “happiness” versus “meaning”. The two words sound alike, but they are really quite different. Happiness is… Read More
SURVIVAL OF THE FITTEST
New Jersey office building developers are a tough breed. Back in the 1970’s New Jersey was the model for the development of the suburban office park. One of the first of these was Lanidex, a 9 building office development at the intersection of Routes 80 and the newly completed Route 287 in the town of Parsippany. The developer, Bud McNally,… Read More
FLIGHT TO QUALITY
Real Estate is a finite universe, hence the old axiom, “they aren’t making any more of it”. In the office world of New Jersey, we have almost a finite universe of office buildings, most of which were constructed almost 50 years ago. Over the decades, Landlords have fought the good fight to keep these aging structures relevant to New Jersey… Read More
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