Update on New Jersey Market Feat. Yanni Marmarou
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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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