A multimillion-dollar balancing act Builders must weigh short- and long-term concerns when assuming risk

When New York City-based Hugo Neu Corp. began the 1 billion, multiyear Kearny Point project in 2014 &#8212 redeveloping the 130-acre former Kearny shipyard as a center for office, co-working and retail space &#8212 &#8220the common wisdom was that there was already too much office space in New Jersey and no need for office space in. . .