Super Bowl To Provide Short-Term RE Boost In NJ, NY
Law360, New York (January 15, 2014, 12:37 PM EST) -- With the Super Bowl coming to New Jersey next month, some commercial property owners are experiencing a brief boon with short-term leases for game-related operations, though experts say the area won't see the same level of real estate impact that other, smaller host metros have seen.
The presence of such a massive event in a state still reeling from the financial crisis is expected to provide a significant boost, particularly to small businesses. But when it comes to real estate, the winners will likely be a few owners of empty industrial space and parking lots and homeowners in the surrounding counties...
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