NEWARK, NJ−At Thursday’s RealShare NJ Opportunities conference, Jersey City’s development prospects were generally lionized as vibrant, even as the prospects for the office, retail and housing markets splayed out below – literally, since the conference was at the Newark Club, on the 22nd floor – were described as wan.

Only one panelist at the three morning sessions said his company is currently looking to build in Newark and believes its multifamily market is sure to grow. “Mill Creek is looking in Newark currently,” said Mill Creek Residential’s  northeast director, Russell Tepper, at a session on “Property Sectors in Focus.”

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