A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.
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.
Inside the courtroom: NJBA attorneys weigh in on high-profile Mercer trial
For nearly three months, attorneys representing the New Jersey Builders Association, the Fair Share Housing Center, several municipalities and others have been convening in a Trenton courtroom before Superior Court Judge Mary Jacobson. The case centers on the disputed affordable housing obligations for five towns in Mercer County — West Windsor, Robbinsville, East Windsor, Hopewell and Princeton — but its impact could turn out to be even greater.
E-commerce boom, a disruptor in N.J. industrial market, is a golden opportunity for developers and public officials
E-commerce, today’s retail model, is growing rapidly, as products and technology evolve and consumers come to rely on the ease and convenience of online shopping. In addition to its much-talked-about impact on the overall retail picture, e-commerce has been a key driver for industrial real estate, especially in those well-situated locations that facilitate a speedy and low-cost way of delivering goods to consumers.
