Politics Are Over, Holidays are Here! Taxes are in Focus

Some Year so far in 2013! Q1 was fast and furious and so far no quarter has been able to match it. Holidays have begun, Election is over. If the CRE is to hold onto and sustain the recovery, it will depend on Congress not just Bernanke and the Fed holding rates down. They have done all the heavy lifting till now. Now all we need is cooperation and avoid the fiscal cliff in order for construction to start to take hold with confidence. Amazon is poised to have a record year. New Jersey will most likely land 1.2 million square feet of distribution space in 2013 in 2 areas of the state, 1 being Newark, the other down near Exit 7A on the Turnpike. We will know more on the results of Black Friday weekend as a barometer for the season next week. Chris