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.

Montgomery opens new 62,000 sq. ft. municipal center after DMR-designed project

DMR Architects is marking the completion of a new municipal center in Montgomery Township, with a design that honors the community’s heritage while modernizing its facilities.

NAI Mertz adds construction, facilities executive with deep ties to public sector

A longtime business owner and member of the state’s facilities and leasing team has joined NAI Mertz as a director for the office division, the Mount Laurel-based firm said Tuesday.

USGBC NJ honors LEED projects of the year, returns to in-person celebration

Local leaders with the U.S. Green Building Council gathered last week to honor dozens of projects, firms and individuals that are advancing sustainability in New Jersey, as the chapter hosted its first in-person awards gala in more than three years.

Cheaper by the dozens: N.J. Legislature considers bill proposing unlimited restricted liquor licenses for annual fee

The New Jersey Legislature is considering a bipartisan bill (S355/A3710) that establishes a restricted beer, wine and cider license that would allow restaurants, for a small annual fee, to sell certain alcoholic beverages to their patrons. In an effort to counteract the diminution in value of already-owned liquor licenses, the proposed bill provides tax credit under corporate business tax and gross income tax for loss in value to certain alcoholic beverage licenses. Despite this tax credit, there is sure to be a significant decrease in the value of already-owned liquor licenses. This loss in value is likely to in turn diminish the value of the properties underlying those licenses.

Violet PR promotes Forrest to vice president

Violet PR has promoted Christina Forrest to vice president, touting her role in growing the Montclair-based firm since joining its team nearly a decade ago.

Perth Amboy eyes redevelopment of key sites around city train station, highway networks

Officials in Perth Amboy are hoping to sharpen their focus on three key redevelopment areas in the city, touting their access to mass transit and the region’s vast highway network.

Developers join Murphy, Oliver to launch $500 million redevelopment in East Orange

An investment group has broken ground on what’s billed as a $500 million development project in East Orange, where plans call for 820 mixed-income apartments and more than 200,000 square feet of commercial space anchored by a new supermarket.

Blue Onyx adds senior vice president of development, acquisitions

Commercial real estate firm Blue Onyx Cos. has named a new senior vice president of development and acquisitions, tapping a veteran industry executive for the post.

Reduce, reuse, recycle: Vintage Jersey properties are ripe for repurposing

As one of America’s original 13 colonies, New Jersey has a rich and historic past. This includes former industrial properties or commerce centers in urban areas, more recently developed office parks in the suburbs and older office buildings — many of which largely stand empty — in central business districts. These vacant relics — together and individually — can be transformed into new, vibrant centers for live, work and play.

Fiserv unveils 428,000 sq. ft. fintech innovation hub at The Park in Berkeley Heights

A new fintech hub has arrived in New Jersey with the debut of Fiserv Inc.’s 428,000-square-foot office and research space at The Park in Berkeley Heights.