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 latest thing that Trenton makes? Try Munchkins.
That may soon be the case under a proposal by a team of Dunkin’ Donuts franchisees. A nearly $17 million project calls for redeveloping two buildings in the city into a new 69,000-square-foot central bakery plant, serving more than 130 stores in the region and producing hundreds of thousands of doughnuts and other products every week.
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.
