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New Jersey Prepared to Welcome New York Businesses Fleeing the Coronavirus. It Is Still Waiting.

Unlike New York City Residents, Companies Haven’t Flocked Across Hudson River, Experts Say
Major New Jersey office landlord Mack-Cali Realty hasn’t seen companies streaming to the Garden State looking for office space amid the pandemic. The company’s holdings include 185 Hudson St. in Jersey City. (CoStar)
Major New Jersey office landlord Mack-Cali Realty hasn’t seen companies streaming to the Garden State looking for office space amid the pandemic. The company’s holdings include 185 Hudson St. in Jersey City. (CoStar)
CoStar News
December 29, 2020 | 7:05 P.M.

At the beginning of the coronavirus outbreak, there was much buzz about the prospect of New York City companies relocating or opening satellite offices in seemingly safer, less dense New Jersey. But the effects of the pandemic haven’t quite panned out that way for the Garden State’s office market.

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