The state has offered a $32.3 million tax credit to a Brooklyn-based biotech firm that is considering a move to the former Hoffmann-LaRoche campus in northern 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.
Special liquor permit bill would aid development in downtown Hackensack, advocates say
Amid the sweeping push to reform the state’s outdated liquor license laws, stakeholders in Hackensack are seeking a more targeted solution for their city. Business leaders and local officials have thrown their support behind a bill that would allow builders in transit-oriented, downtown redevelopment zones to apply for yearly liquor permits based on the new residents that their projects would bring to the area.
Taking the long view
Most regular readers of this publication can tell that, when it comes to new construction, mixed-use and multifamily projects are the ones making most of the headlines. In fact, there are so many projects in New Jersey these days that we don’t often get to spend much time covering them in depth before we have to move on to the next groundbreaking or ribbon-cutting.
