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.

Editor’s Note
In memoriam 2025: Remembering those we lost in New Jersey commercial real estate

We said goodbye in 2025 to several key figures in New Jersey’s commercial real estate community. Some were industry icons whose careers spanned more than half a century, but all were remembered by colleagues as valued friends and team members. Here is a look back at our coverage and the tributes that poured in from across the industry.

Residential & Mixed Use
Hoboken adopts key redevelopment pacts for Rockefeller Group project with 729 homes, open space in city’s North End

A long-awaited plan to build more than 700 residential units and other uses in Hoboken’s North End is advancing after the adoption of redevelopment agreements between the city and Rockefeller Group, the owner of four key parcels in the area.

Residential & Mixed Use
Triangle, Incline unveil 400 rentals in sweeping project at East Orange’s Brick Church Station

The first apartments at a major mixed-use project in East Orange have hit the market, with leasing now underway at the collection of 400 homes at NJ Transit’s Brick Church Station.

Professional Services
Chacanias joins Flaster Greenberg as counsel with real estate and land use, environmental teams

Flaster Greenberg PC has welcomed Peter A. Chacanias as counsel in its real estate and land use and environmental departments, the Cherry Hill-based firm announced last week.

Featured
Landmark launches leasing at 85-unit rental property, its latest in downtown Union

Landmark has unveiled the latest piece of its sweeping Centurion project in Union Township, delivering another 85 luxury apartments and new amenities to a key downtown area.

Residential & Mixed Use
HVPG details plan to preserve, update newly acquired affordable housing in Asbury Park

Hudson Valley Property Group has acquired a 170-unit multifamily complex in Asbury Park, expanding a portfolio that now includes nearly 30 properties in the state.

Technology
CoreWeave begins $1.8 billion data center project in Kenilworth, landing first award under new EDA tax credit program

CoreWeave has started construction on a nearly $1.8 billion data center in Kenilworth with the help of what will be a five-year, $250 million tax credit award under a new state program.

Residential & Mixed Use
Newly approved ‘M Lofts’ to bring 150 rentals to Morristown as key development continues

Officials in Morristown have all but cleared the path for a development that would bring 150 new apartments to a long-underused site near the landmark M Station office campus.

Government & Public Policy
EDA backs Liberty Science Center refresh, expansion with $40 million tax credit award

State officials have pledged their support to a planned expansion of the Liberty Science Center in Jersey City — including more than 100,000 square feet of new outdoor exhibition space — under a $40 million project that would also refresh the museum’s indoor offerings.

Government & Public Policy
Morristown’s Mayo PAC poised for $65 million expansion, update with new state tax credit

The acclaimed Mayo Performing Arts Center in Morristown is set to begin a major expansion and renovation after securing a $65 million tax credit award under a new state program.