March 2018

Weekly News (March 28, 2018)

1. Jaguar HQ will stay in Mahwah, NJ  Jaguar Land Rover North America celebrated new HQ in Mahwah off RT 17 - 144,000 SF (Former Sharp location) $30 Million investment: Show room plus 30,000 SF for research center, training and development center – 360 employees One time, moving out considered → decided to stay with offer for 10 year, $28 Million tax break in 2015 They were located in...

Weekly News (March 21, 2018)

1. Best Seller market in Flushing, NY  According to StreetEasy, Flushing is best Seller market among 10 seller market in NY Flushing → Wood heaven → Kew Gardens → Prospect Heights → Flatbush →Glendale… 65 days to close (Flushing area: 52 days to close) Definition of seller market: Sold at full listing price and low inventory Median price went up to $822,500 from 742,000 last year...

Weekly News (March 14, 2018)

1. NJ Affordable Apartment will be increased Judge Mary Jacobson sentenced to build more affordable apartment in Princeton (753 units) and West Windsor (1500 units) in NJ by 2025 Two towns were receiving funds for affordable housing, but not many affordable units built → Two towns must submit their construction proposal by 7/24/2018 to the court FSHC (Fair Share Housing Center) mentioned that it...

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