The Multifamily Housing Mania
Exploring the causes and effects of red-hot demand for multifamily housing. Read more…
South Jersey’s Surging Vibe
With a recently replenished beach, new resorts, boardwalk redevelopment and a record tourism year for 2024, the Wildwoods arguably exemplify a broader revitalization throughout Southern New Jersey. This includes spheres ranging from aerospace/aviation and utility infrastructure to real estate and offshore wind development. It’s all against the backdrop of overall South Jersey employment increasing 2.6% from May 2023 to May 2024, outperforming a national growth rate of just 1.7%. Read more...
Workforce Development ‘Matters’
Students, as well as workers in the labor force, are seeking careers in the trades and related fields, and New Jersey educational institutions are meeting that demand in tandem with employers’ needs.
Triumphs & Trials for NJ’s Industrial Real Estate Market
Home to the East Coast’s largest seaport and featuring more than 107 million consumers located within a day’s drive, New Jersey remains a lodestar for industrial real estate – although higher interest rates, general economic uncertainty and easing consumer demand have slowed the industry from its COVID-era, e-commerce-fueled fever pitch.
The ‘State of State Assistance’ for Tech Startups
Within a competitive national landscape, New Jersey is leveraging an array of programs and support networks aimed at helping high-tech startups and companies thrive here.
Avenues of Alternative Dispute Resolution (ADR)
Two forms of Alternative Dispute Resolution (ADR) – mediation and arbitration – are increasingly popular not just because the court systems have enormous backlogs that are significantly delaying trials, but for other reasons including confidentiality and cost-savings advantages. Both mediation and arbitration have their benefits, and although they remain distinct from each other under the ADR umbrella, companies are opting for them. Read more…
Diversity and Inclusion Dividends
Corporations’ and other entities’ diversity efforts are mostly thriving in the face of legal scrutiny and a divided public. Read more…
Environmental Realities and Regulations
Environmental engineers and their clients have been dealing with a bevy of NJDEP regulations ranging from floodwater and stormwater rules to new testing requirements for per- and poly-fluoroalkyl substances (PFAS), the widely publicized “forever chemical” contaminants found worldwide. When combined with a stringent 2023 New Jersey Environmental Justice Law (EJ) that aims to prevent harm to overburdened communities, some businesses and consultants find the overall scenario challenging. Read more…
6 Remote Work Policies and Protocols to Review
Against the backdrop of Gallup reporting that approximately 80% of remote-capable American employees now work either exclusively remotely or in a hybrid-work configuration, legal pitfalls are arising for employers who do not have solid remote work policies and procedures in place.
Banking on Small Businesses
Are financial institutions remaining committed to their small business customers in today’s high interest rate environment?
Caring for Chronic Conditions
Approximately six in 10 adults in the United States suffer from a chronic disease, and four in 10 adults have two or more chronic diseases, according to the Centers for Disease Control and Prevention (CDC). On the following pages, I highlight select chronic diseases, modalities for treating them, and lifestyle advice that may help prevent these diseases and/or ameliorate their symptoms following onset.
Career Metamorphoses
In the spirit of Victorian-era writer George Eliott’s observation that “it is never too late to be what you might have been,” Americans and New Jerseyans are changing careers at rapid rates, with Pew Research Center reporting that 19% of Americans quit their jobs in 2021, and that 53% of those doing so embarked upon new careers. Read more…
New Jersey Manufacturing ‘Matters’
New Jersey manufacturing advocates are striving to bolster an industry that has, on the one hand, shrunken overall from 530,000 jobs in 1990 to 324,500 today in part due to the high cost of doing business and stringent state regulations. On the other hand, it has been regrowing in recent years partly due to reshoring trends. Read more…
Organizations Committed to Enhancing Newark
Against the backdrop of Newark's 25.8% poverty rate, various organizations in the city are facilitating job training programs, formal education and everything in between. Read more…
Support for Supplier Diversity Intensifies
Although corporations in recent years have increasingly been ensuring that the suppliers supporting them are minority-, women-, LGBTQ+- and veteran-owned businesses, the underlying concept and practice of supplier diversity is not new: In the aftermath of Detroit’s 1967 and 1968 riots, General Motors launched programs aimed at including diverse suppliers, as did IBM, and programs at these and other companies have only grown since then.
(Spot news) Three-day Celebration of Life Begins for Lieutenant Governor Shelia Y. Oliver
A three-day celebration of life for the late Lt. Gov. Shelia Y. Oliver began with bagpipes and a state police honor guard escorting her casket from a gold hearse to the Statehouse rotunda where she will lie in state.
NJ’s Expanding Innovation Ecosystem
Fueled in part by unfolding scientific breakthroughs in cell and gene therapy as well as technological development overall, New Jersey’s life sciences industry, health systems, state government and academic institutions are collaborating to bolster our innovation ecosystem. This article explores what will be built, and where…
Colossal Infrastructure Projects Require Skilled Trade Workers
The construction of a new subaqueous Hudson River rail tunnel between New Jersey and New York – along with the rehabilitation of an existing Hudson River two-track rail tunnel – is expected to generate $19 billion in economic activity and create 72,000 direct and indirect jobs. Highly trained union workers have already begun early work related to the new tunnel, one of several headline-grabbing infrastructure endeavors throughout the state. Read more…
Cultures of Consulting
While tax and audit services remain important for CPAs, accounting firms are also expanding their advisory and related services. Read more…
Heroics and Hurdles
The coronavirus pandemic’s peak and its aftermath have left some nonprofits here facing financial uncertainties even as the need for their services is increasing. Read more…