Government & Public Policy

From zoning disputes to the federal tax code, public policy affects the commercial real estate sector far more than you may realize. For industry leaders, government and politics demand constant attention.

Pennrose, officials break ground on new affordable senior housing in New Brunswick

Pennrose has started construction on a project that will bring 66 new age-restricted, affordable housing units to downtown New Brunswick with the help of state and city funding sources.

Shaping the future: Top CRE policy priorities for New Jersey’s next governor

Dan Kennedy is CEO of NAIOP New Jersey By Dan Kennedy As New Jersey prepares to elect its next governor, NAIOP NJ, the commercial real estate development association, has published a comprehensive roadmap for economic revitalization and sustainable development for…

Newark Alliance unites three city organizations to expand key growth initiatives

Three of Newark’s key economic development organizations have come together in a move to further their missions while streamlining their efforts to enhance the state’s largest city.

Prism lands approvals for long-awaited housing phase at ON3, among other major projects

Prism Capital Partners has secured three key approvals for its flagship ON3 campus in Clifton and Nutley, paving the way for new phases including a long-awaited residential component with nearly 1,100 multifamily units, along with a major research and development facility.

System updates

As you’ll read in this month’s cover story, New Brunswick is marking its latest and perhaps most monumental investment in health care with the opening of the 12-story, 520,000-square-foot Jack & Sheryl Morris Cancer Center. Executives with RWJBarnabas Health, the Rutgers Cancer Institute and other key stakeholders unveiled the facility in mid-May, hailing the arrival of New Jersey’s first freestanding cancer hospital and one of only 13 in the country, part of a $1 billion project that has brought top-tier patient care and cutting-edge research labs under one roof.

The ‘builders’ remedy’ strategy — and why it’s flawed

The “builders’ remedy” method, as an approach to solving New Jersey’s affordable housing crisis, is having a devastating impact across the Garden State. Many other options exist, options that should be squarely on the table. A shining example of these options is the construction of special needs and workforce housing, to name just some.

Warren County debuts new-look library branch after $7 million project designed by DIGroup

The Warren County Public Library has unveiled a newly renovated and expanded branch in Blairstown after more than $7 million in upgrades spearheaded by DIGroup Architecture.

Perth Amboy warehouse, site of New Jersey’s first-ever community solar project, back in focus as Murphy, business leaders tout program’s role in reducing energy costs

As state officials look to tackle rising energy costs, a program that has brought rooftop solar panels to dozens of New Jersey warehouses has taken on added importance as a means of easing that burden without many of the risks and hurdles of major infrastructure projects.

Westfield OKs changes to closely watched plan for new office, residential buildings downtown

A high-profile redevelopment project in Westfield is moving ahead with key changes, following the town’s approval of a plan that now includes nearly 200,000 square feet of office space, 205 residential units and a series of public improvements and new green spaces downtown.

Sena, Cortell launch $124 million rehab of 304-unit Trenton affordable housing property

A joint venture has kicked off a sweeping $124 million project to modernize and preserve a two-building, 304-unit affordable housing property in downtown Trenton.