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.

The Rundown
Subaru’s Camden plans in jeopardy amid Pa. tax agreement flap

Subaru of America may scale back its plans to expand in Camden in the wake of Gov. Chris Christie’s recent decision to end tax reciprocity between New Jersey and Pennsylvania.

Government & Public Policy
McGuinness: TTF breakthrough was ‘No. 1 issue’ for NAIOP N.J.

A long-awaited but contentious solution to the state’s transportation funding crisis is heading to the desk of Gov. Chris Christie, who has agreed to sign the $16 billion infrastructure plan.

Residential & Mixed Use
Hackensack seeks developer for mixed-use site

As new construction activity heats up in downtown Hackensack, the city is now seeking a developer to transform a parking lot into a mixed-use “gateway” to its central business district.

The Rundown
Riverfront park revival continues in Newark

Public officials and business leaders broke ground Wednesday on the next phase of a project to expand Newark’s Riverfront Park, a plan that calls for a boardwalk, walkway system and other amenities to connect the Passaic River to the city’s downtown.

The Rundown
Emerson council considers vote to allow new mixed-use buildings downtown

A vote by local officials in Emerson could bring a developer one step closer to building a mixed-use project that would transform part of the town’s central business district.

The Rundown
Christie, lawmakers reach deal to fund road projects

A bipartisan deal, unveiled Friday at the Statehouse, calls for raising the state’s gas tax for the first time since 1988 to replenish the Transportation Trust Fund. The 23-cent-per-gallon increase will fund a $2 billion TTF plan over the next eight years, with 100 percent of gas tax revenues constitutionally dedicated to repair and replace the state’s roads and bridges.

Retail
After legal victory, American Dream developer looks to bond sale

The developer seeking to complete the American Dream Meadowlands project is moving ahead with plans to seek $1.15 billion in bonds for the project, now that an opposition group has agreed to drop its challenge.

The Rundown
Court dismisses challenge to American Dream bond sale

A state appeals court has ruled in favor of the state’s efforts to complete the American Dream Meadowlands project, dismissing a challenge to a $1.15 billion bond issuance that would help a developer resume construction at the stalled retail and entertainment complex.

The Rundown
76ers open new practice facility, team HQ in Camden

The Philadelphia 76ers have unveiled their new state-of-the-art, 125,000-square-foot practice facility near the Camden waterfront.

The Rundown
State Supreme Court takes up latest affordable housing case

New Jersey’s decades-long battle over affordable housing policy is heading back to the state Supreme Court, which has opted to hear an appeal for the latest dispute over how those obligations are calculated for local governments.