I was doing more reading up on Mack Cali. There's some skepticism on the transition from the suburban areas to the Jersey City waterfront. I would categorize this as concerns regarding overbuilding. I also get the impression that the wall street guys are not impressed with the plan to acquire 25 Columbus and 107 Morgan. At least, there were seeking more info (as we are) on what the plan is. As some guy said, it's like they spent several million dollars on dirt, but didn't provide any details on the development rights or planned number of units for 107 Morgan.
There was also a question about why some of the construction start dates have been pushed back, which I believe was a reference to Urby II. Mack Cali responded generally saying it takes time for zoning, permitting, design, etc... but they are generally on track.
Harborside 8 did come up, but it was nothing specific. Just in a general comment that all the developments along the waterfront can have a positive influence on the existing buildings, making them more valuable.
The Mack Cali guys seem extremely confident on the Jersey City waterfront. The wall street guys want much more information. I bet future reporting from Mack Cali will be more detailed, on a site by site basis, to explain why they're so confident to alleviate concerns from wall street.
https://seekingalpha.com/article/412...all-transcript