Supply and demand are still heavily weighted in the landlord's favor and there's very little speculative construction in the pipeline, so this is likely just a temporary stall, C&W's Travis Ives tells GlobeSt.com.

“The location is considered to be the 'best of the best,' just two blocks from the PATH Station at the Hoboken Terminal,” says Brian Whitmer, Cushman & Wakefield executive director.

Amazon's big move will clearly impact housing, but office will see a shortage too, and not only for Amazon's campus but also for ancillary businesses.

Projects need a wow factor in mix of uses with the right blend of tenants that will bring customers in and programming to entice them to stay longer, along with design, location and amenities.