New Jersey continues to struggle with job creation, and the December’s report just about wipes out the gains that were picked up during 2013. The unemployment rate did drop, but that was due to the labor force declining.
Jersey City is trying to market itself as an attractive alternative site for urban dwellers on the west side of the Hudson River and the state is pursuing Foxconn for a manufacturing facility.
Finally, some thoughts from me on what the future holds for how companies will use space.
Wall Street Journal: Jersey City Dreams of a New Image
The Front Lines of tenant representation: The Future of Space