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.

New grants for New Jersey towns, cities could boost redevelopment opportunities

Business leaders are cheering the passage of a new economic development incentives law in New Jersey, following a two-year battle in Trenton and the added uncertainty of the pandemic. Yet some stakeholders are pointing to a far less heralded, less contentious piece of the New Jersey Economic Recovery Act as a key tool for spurring new investments around the state.

LeFrak, Simon announce artist for lobby piece at new Jersey City residential tower

The LeFrak and Simon families have picked a local artist to design and execute a feature piece for a new luxury apartment tower in Jersey City’s iconic Newport neighborhood.

EDA details plan to relaunch residential ERG program with $50 million tax credit pool

State officials are relaunching a high-profile developer tax credit program that was halted nearly two years ago, offering $50 million in subsidies as a result of a newly approved law.

Fort Monmouth residential project nearly sold out, RPM says

The first residential development at the repositioned Fort Monmouth property is nearly sold out, according to the team of RPM Development Group and CB New Homes of Madison.

Greenbaum unveils new practice group focused on state, federal incentives

Greenbaum, Rowe, Smith & Davis LLP has formed a new dedicated, multidisciplinary team focused on helping clients secure state and federal incentives programs, including the newly adopted New Jersey Economic Recovery Act of 2020.

DMR adds three new hires in business development, professional services

DMR Architects has announced new hires in business development, planning and interior design, the latest additions to its growing team.

NJAA announces promotions for membership, education staff

The New Jersey Apartment Association has made two promotions within its Monroe-based administrative team.

Lindabury announces new attorney for commercial real estate group

Lindabury, McCormick, Estabrook & Cooper PC has welcomed a new attorney to its commercial real estate group.

New Jersey legalizes cannabis in long-awaited move with social justice, economic impacts

Adult use of cannabis is now legal in New Jersey, cementing a key piece of Gov. Phil Murphy’s agenda and paving the way for what could be an impactful industry for commercial real estate.

Newark: Developer of 270-unit rental tower lands PILOT, plans groundbreaking this year

The developer of a 270-unit apartment tower in Newark is eyeing a groundbreaking later this year after city officials approved a 30-year tax abatement for the project.