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.

Office
Nonprofit’s new HQ builds on decades of commitment

Community Access Unlimited opened a new 60,000-square-foot headquarters in Elizabeth. The five-story, $11 million building features office space for both CAU and local businesses, along with community spaces such as a 400-seat auditorium on the ground floor.

Government & Public Policy
Rutgers conference to shine a light on affordable housing stalemate — and solutions

As the state Supreme Court weighs the issue of affordable housing, stakeholders will gather later this month to shed light on the issue and tackle one of New Jersey’s most divisive and seemingly unsolvable public policy questions of the past three decades.

The Rundown
Reports: 100,000 affordable units at stake in Supreme Court case

Arguments before the state Supreme Court are now underway in one of more pivotal cases tied to New Jersey’s beleaguered affordable housing policy, centering on the so-called gap years in which developers and towns were without clear guidelines.

Health Care & Education
Rutgers unveils new program with real estate center, Bloustein school

Graduate students at Rutgers University can now become certified in real estate development and redevelopment, thanks to a new joint offering at the school’s Newark campus.

Residential & Mixed Use
NJBA honors Riggs for decades of service to homebuilding industry

Industry leaders hailed the accomplishments of Joe Riggs, a longtime group president with K. Hovnanian Enterprises, during an evening reception in Florham Park. The New Jersey Builders Association hosted the event as part of a fundraiser for its political action committee, drawing some 250 homebuilding executives and professionals to the Park Avenue Club and raising about $150,000.

The Rundown
Report: Design firms moving to Camden after merging

Four South Jersey and Philadelphia architecture firms have merged and are moving their new company to Camden, according to a published report, despite being denied tax incentives under a program that has helped drive other relocations to the city in recent years.

The Rundown
Tory Burch eyes move to Jersey City from N.Y.

A state authority has offered a nearly $11 million tax credit to entice fashion retailer Tory Burch to move corporate offices from Manhattan to Jersey City.

Government & Public Policy
Acquisition gives N.J. full control over Fort Monmouth site

After four years of redevelopment efforts that focused on only half of the sprawling Fort Monmouth property, a state authority has acquired the remaining 560 acres from the U.S. Army, allowing it to move ahead with projects that are slated for the balance of the site.

Health Care & Education
Rutgers real estate head Davis joins prestigious board

The academic director at Rutgers University’s real estate program has been elected to serve on the board of the American Real Estate and Urban Economics Association, the school announced.

Government & Public Policy
Developers wanted for former Camden prison site

A state authority is seeking a developer for the site of a former prison in Camden — a parcel that it describes as “the most valuable piece of real estate” on the city’s northern waterfront.