Real Estate NJ set out to identify the biggest public policy issues for commercial real estate, as New Jersey begins a new legislative session and a new administration under Gov. Phil Murphy. Here are the issues identified by Michael McGuinness, CEO of NAIOP New Jersey.
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.
After pitch to Amazon, Trenton feels it’s one step closer to unlocking its potential
Making a pitch for Amazon’s second headquarters achieved two very important goals for Trenton: Not only did the city submit a competitive, coordinated bid for Amazon HQ2 — a feat that may have seemed unlikely in past years — but it created a blueprint for showing its vast potential as a vibrant, mixed-use destination for other large corporations.
Local leaders hold the key to our futures
While many New Jersey residents and business owners are rightfully concerned about the potential adverse impacts from federal tax reform measures at the same time as increases to state taxes are being discussed by Gov.-elect Phil Murphy and our Legislature, let’s not overlook the possible ways that local mayors can help to ameliorate this situation.
Coming soon: Industry Roundups from Real Estate NJ
In the days and weeks ahead, we will introduce a new addition to Real Estate NJ aimed at zeroing in on the major asset classes and service sectors in the Garden State. Known as Industry Roundups, the new e-blasts will highlight the top headlines and stories in each field, giving you a chance to catch up on all the latest news in a way that’s tailored to a specific part of the industry.
