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.

Commercial real estate leaders pay tribute to Oliver after lieutenant governor’s death

The death of Lt. Gov. Sheila Oliver is rippling through the state’s commercial and residential real estate industries, whose leaders recalled her as a pioneer and devoted public servant who advocated for affordable housing and economic development.

EDA approves $34 million in Aspire tax credits for Newark, Union City senior housing projects

Developers are poised to bring new affordable senior housing to Newark and Union City with the help of a combined $33.9 million in tax credits approved under the state’s Aspire program.

Inspired lands key approval, eyes 2024 groundbreaking for Asbury Park luxury condos

Inspired by Somerset Development has received site plan approval to bring 155 upscale condominiums and retail space to a parcel one block from Asbury Park’s iconic boardwalk.

NJ Transit, Onyx detail 407,000 sq. ft. lease for agency’s new headquarters in Newark

NJ Transit and Onyx Equities have revealed new details about their 25-year lease in downtown Newark, where the agency will occupy some 407,000 square feet for its new headquarters.

Hospitality: A real game changer — it all comes down to people

In prepping for this piece, I reviewed the 72 articles I wrote since 2017 to identify common themes. Unsurprisingly, the common denominator was the crucial need to change how we do business with the end goal of improving people’s lives for a simpler and better quality of life — one that is less taxing and costly and more efficient and effective.

Hinchliffe Stadium, Westfield downtown among 2023 Smart Growth Award winners

New Jersey Future has unveiled the winners of this year’s Smart Growth Awards, highlighting projects from Paterson to Westfield with a major focus on planning and redevelopment.

Solar Landscape, Sudler mark completion of rooftop community solar project in Piscataway

A new rooftop solar project at a Piscataway warehouse is now complete after being connected to the grid, allowing it to provide discounted energy to nearly 300 households in the area.

New video shows construction progress, research space at New Brunswick cancer center project

The team behind what will be the state’s first freestanding cancer hospital is offering a new look at the progress of the project in downtown New Brunswick — as well as a preview of one of the building’s most critical components.

From the publisher: Homework for you to do on our economy

Below is a link to an article by David Berson, Ph.D., of Cumberland Advisors regarding the country’s current economic status and an analysis of whether we will fall into a recession. In my opinion, it is exceptionally well written and accurate. More importantly, Berson does not fall into the usual trap that most commentators are susceptible to of only presenting data that substantiates their position. He covers the field and presents both sides of the argument without really sticking his flag in either mound.

First Bank, Malvern secure approvals to complete $150 million merger

First Bank has secured a series of state and federal regulatory approvals to acquire Malvern Bancorp Inc., with plans to complete the previously announced deal in the coming weeks.