Insiders say the prospect of legalized recreational marijuana could have substantial benefits for New Jersey’s commercial real estate market, even with a long list of risks and complexities.
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.
Forward-thinking suburbs ripe for growth
I am convinced more than ever that forward-thinking New Jersey suburbs are poised for a comeback. Many city residents, especially those in their 20s and 60s will seek alternate residences. Towns that have invested in their infrastructure and assets for the long term and are ready to accommodate this exodus of consumers and their preferences will be able to compete for this wealth of talent and the resources they bring to the community.
Oliver talks DCA changes, affordable housing at NAIOP forum
State officials are weighing their options for modernizing the Department of Community Affairs, Lt. Gov. Sheila Oliver said last week, from electronic permitting to the potential to allow municipalities to privatize code enforcement. Far less certain is how they will tackle more high-profile issues such as affordable housing, shared services and the tax credit programs that have fueled development in recent years.
Strength in numbers: Brogan has led the effort to grow NJAA’s membership, impact and influence
The growth of the New Jersey Apartment Association over the past three years has been tough ignore: The organization has pushed to expand its ranks, create new benefits to members and raise its profile and influence among policymakers and fellow business leaders. Those strides have garnered national attention for both the organization and its leader.