Anne Babineau Previews CAPRE’s NJ Apartment Summit: Thanks to Young Professionals and Empty Nesters (who want TOD), NJ is the Right Place to Be

NEWARK, NJ -- Anne Babineau leads the statewide multi-disciplinary redevelopment practice at Wilentz, Goldman & Spitzer. She has worked with clients undertaking redevelopment projects throughout New Jersey and has been involved in projects at all stages from redevelopment area designation through project completion, counseling clients on redevelopment plans, designation of redevelopment areas, property acquisition and government approvals. Babineau will be a featured speaker at CAPRE's New Jersey Apartment Summit December 4, so we connected with her to learn more about the latest in the NJ multifamily industry, and why it's right at the center of a perfect storm. CAPRE: Thanks for chatting with us today, Anne. Please share with our readers a bit about your recent activity in New Jersey. What have you been up to? Babineau: Here at Wilentz, we are certainly working on many projects in the New Jersey Apartment market. Most of these projects are transit-oriented development, linking new residences to good jobs. Redevelopment is often challenging work, and the strength of multi-family residential has enhanced projects for redevelopment, thanks to the continuing strong interest in these urban and older suburban areas from both the young professionals and the older empty-nesters. It just seems like it’s the right place to be. CAPRE: What sub-markets have been keeping you busy? Babineau: We’ve been involved in projects in the Hudson County/Hudson River Waterfront, in places like Weehawken, Hoboken and Bayonne, to name a few, where the projects have required…