LB Commercial

Category: Business

  • NJBIZ panelists offer advice to startups on coping with the pandemic

    NJBIZ panelists offer advice to startups on coping with the pandemic

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    Time to Think Small NJBIZ panelists offer advice to startups on coping with the pandemic As the pandemic grinds on, entrepreneurs are facing mounting problems. Money from the Cares Act including the Economic Industry Disaster Loans and new Small Business Administration programs have helped businesses survive. Cooperation between groups and towns geared to helping small…

  • Pandemic Recovery in Commercial Real Estate

    Pandemic Recovery in Commercial Real Estate

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    “New Jersey’s shining star has been the warehouse and distribution sector” according to Michael G. McGuinness, CEO of NAIOP New Jersey, which represents developers, owners, asset managers, and investors of commercial, industrial and mixed-use properties. The association has 830 members in New Jersey and over 19,000 members throughout North America. McGuinness believes that “the pandemic-driven…

  • Why the business of outside is exploding

    Why the business of outside is exploding

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    Boats, Bikes and Birdies Why the business of outside is exploding Any business that has to do with outdoors is booming during this pandemic. Golf clubs and tennis court memberships are way up. At the shore, boat rentals are “off the charts” and “people are buying anything that floats.” Many people who would normally take…

  • How the state’s tax incentive programs have been operating during the pandemic

    How the state’s tax incentive programs have been operating during the pandemic

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    Tapping the Breaks How the state’s tax incentive programs have been operating during the pandemic Companies that received awards from the State of New Jersey’s Grow New Jersey and Economic Redevelopment and Growth gap financing program have been able to request extensions due to the Covid-19 outbreak. Also, the state relaxed standards on how much…

  • Up to 40% of small businesses never re-open after a disaster.

    Up to 40% of small businesses never re-open after a disaster.

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    Here’s what you can do to avoid that fate Stay informed, using credible websites to get information about various hazards. House documents on the cloud, not in your office computer, and back up all important documents. Keep office property secure and out of danger from flooding. Hire a cyber security expert and make sure all…

  • NORTHERN NEW JERSEY HOT MARKET FOR INDUSTRIAL PROPERTIES

    NORTHERN NEW JERSEY HOT MARKET FOR INDUSTRIAL PROPERTIES

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    Demands of e-commerce put a premium on warehouse and distribution facilities with last-mile delivery capabilities. “ Northern New Jersey’s proximity to New York City and central location between Boston and Washington, DC. put it at the center of a major transportation corridor. . . .The amount of goods passing through the Port of New York…