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5/21/2020 Existing-Home Sales Wane 17.8% in April—PR Newswire

Existing-home sales dropped in April, continuing what is now a two-month skid in sales brought on by the coronavirus pandemic, according to the National Association of Realtors®. Each of the four major regions experienced a decline in month-over-month and year-over-year sales, with the West seeing the greatest dip in both categories.
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5/20/2020 Union says Newport condo looking to cut sick leave, workers’ pay by 20%—nj.com

A labor dispute at a Newport residential high rise is turning ugly as the union representing building workers says management wants them to take a 20% pay cut and waive their rights under the state sick leave law.
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5/19/2020 Ethos Specialty launches U.S. real estate liability program—Reinsurance News

Ethos Specialty has announced the launch of a new commercial general liability program for U.S. real estate owners and managers.
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5/19/2020 I moved to N.J. Can I get the Senior Freeze?—nj.com

Can I get a property tax deduction or credit if I bought a condo in March 2019 when I moved to New Jersey? I am 66 years old.
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5/13/2020 Alone Together: Dispatches from the Jersey Restaurant World—New Jersey Monthly

At the end of each month, we send the magazine to the printer confident that, when it lands in your mailbox or local magazine rack a few weeks later, everyday life in New Jersey will not have changed in any fundamental way. This time it’s different.
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5/8/2020 Coronavirus Escape: To the Suburbs—The New York Times

For some New Yorkers, it’s time to get out of town for good. Cooped up and concerned about the post-Covid future, renters and owners are making moves to leave the city, not for short-term stays in weekend houses, as was common when the pandemic first arrived, but more permanently in the suburbs.
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5/6/2020 High Court Won't Halt Hoboken Riverfront Condo Project—New Jersey Law Journal

The New Jersey Supreme Court has refused to help Hoboken in its bid to stop construction on a pair of high-rise apartment buildings on a Hudson River pier.
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5/4/2020 NJ hospitals to receive $1.7B in funding, golf courses reopen amid COVID-19 outbreak—

Fifty-three New Jersey hospitals, among the hardest hit by COVID-19 in the country, will receive $1.7 billion in funding from the federal government, Gov. Phil Murphy announced Saturday.
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5/1/2020 Green Roof Condominiums Near Sell-Out—Yahoo! Finance

NRIA of Secaucus, NJ announced today that its newest residential complex Green Roof Condominium at 62-68 69th Street in Guttenberg, NJ is nearing a sellout, with 31 of the 39 units under contract even with COVID-19 challenges looming. NRIA has effectively used technology to adhere to government mandates and is conducting virtual tours and closings in place of face-to-face interaction.
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4/30/2020 Striking Workers at High-End Condos Back on Job After 24-Hour Walkout to Protest Proposed Wage Cuts—TapIntoJerseyCity.net

Workers at the James Monroe condominium building in Downtown Jersey City were back to work Tuesday after staging a 24-hour strike to protest what they called the condo board's bad faith bargaining in the middle of a pandemic.
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4/30/2020 Workers at Newport condo in Jersey City walk off job to protest labor negotiations—Hudson County View

Porters, handymen and concierges with the New York-based property services union 32BJ SEIU walked off the job today at a Newport condo building because they say the condo board is refusing to bargain in good faith.
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4/27/2020 Montclair Planning Board Reviews Wall-Fence For Fullerton Condo—TapInto.net

The Montclair Planning Board met on April 20 for the first time since the state of New Jersey imposed restrictions on public gatherings due to COVID-19.
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4/15/2020 AG: Long Beach police charge Jersey City woman for renting out condo for 10 days—Hudson County View

The Long Beach Township Police charged a Jersey City woman for renting out her condo for 10 days, contrary to Gov. Phil Murphy’s stay-at-home executive order, New Jersey Attorney General Gurbir Grewal announced.
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4/13/2020 One Park Condo Donates 1,000 Face Masks to Cliffside Park’s First Responders—prweb

Luxury condo residence One Park has announced that it has donated 1,000 face masks to Cliffside Park’s Mayor’s Office to be distributed to the community’s police and fire departments and other essential workers. They have also distributed face masks to all healthcare facilities within a five mile radius of One Park.
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4/13/2020 NJ Governor's Chief Counsel Tests Positive For COVID-19—Law360.com

New Jersey Gov. Phil Murphy's chief counsel Matt Platkin has tested positive for COVID-19, a Murphy representative confirmed Wednesday, hours after the governor somberly announced that the Garden State's death toll from the virus had reached 1,504.
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4/9/2020 Rent Payments Fall as Layoffs Ripple Through U.S. Real Estate—Bloomberg

The economic pain caused by the coronavirus is translating to lower rent collections this month. Just 69% of U.S. apartment renters made payments through April 5. That compares with 81% who paid their rent by March 5, a new tracking tool published by the National Multifamily Housing Council shows.
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4/8/2020 Dems Mull Major Changes To Banking, Housing In Relief Bill—Law360.com

As House Democrats develop their proposal for another COVID-19 relief package, a memo obtained by Law360 shows that Financial Services Committee staff are recommending a blanket ban on stock buybacks, a halt to all evictions and foreclosures, and a pause on any negative credit reporting.
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3/31/2020 NJ Real Estate Deals In Chokehold Amid COVID-19 Lockdown—Law360.com

COVID-19 shutdowns and delays are derailing lucrative deals in what was New Jersey’s promising real estate sphere before containment efforts shifted into high gear amid the rising death toll.
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3/30/2020 Penn State’s James Franklin takes social distancing to extreme during cononavirus pandemic workout—nj.com

Penn State head football coach James Franklin is trying to practice social distancing as the university’s campus is shut down during the coronavirus pandemic, but found working out from home particularly challenging.
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3/26/2020 Coronavirus NJ: Tension grows over 'Bennys: Go Home. Locals: Stay Home' message—Asbury Park Press

The Patrisso family of West Caldwell purchased their second home in Ship Bottom seven weeks before superstorm Sandy struck in 2012. They live here throughout the year now and consider themselves part of the Long Beach Island community.
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The Cooperator Events presents a virtual town hall sponsored by Taylor Management Company Wednesday May 20 at 10:00 AM

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