Early Afternoon Update

Homebuilders nationwide remain pessimistic, according to a key gauge, and want federal help. [MSNBC via TRD]

More on the credit troubles of mall owners, including South Street Seaport developer General Growth Properties. [WSJ]

Goldman Sachs posts its first quarterly loss since going public in 1999. [Crains]

Cushman & Wakefield picked to market the new Alexandria Center for Science and Technology at the planned East River Science Park. [GlobeSt]

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2. The general election. In November, whichever two candidates make it out of the gubernatorial primary will face off to become the next New Jersey governor. While Phil Murphy (pictured) is the presumed favorite in the race due to current New Jersey Governor Chris Christie’s dismal approval ratings tanking Republican credibility for many NJ voters, the results are still up in the air. Additionally, with 11 months until the race, there is still ample time for a dynamic shift that could leave another candidate at the top.
Murphy Batters Wisniewski at Monmouth Dems Convention