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.

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.

The Rundown
Pompton Lakes agency OKs mixed-use redevelopment

Local officials in Pompton Lakes have approved a plan that would bring more than 450 apartments and a host of retail space to its downtown, according to a published report Tuesday.

Government & Public Policy
Victory for gas tax dedication, failure for casino expansion

Amid the stunning outcome of Tuesday’s presidential election, New Jersey residents voted as expected and overwhelmingly rejected a ballot question to expand casino gaming in the state.

Government & Public Policy
McNamara, other CRE leaders honored at NAIOP awards dinner

It was a night in which one of the state’s biggest legislative issues in recent memory was in the spotlight, as voters prepare to consider constitutionally dedicated transportation funding.

Government & Public Policy
Wilcox named to elevated posts with development, chamber groups

Gretchen Wilcox, CEO, president and founder of G.S. Wilcox & Co., has been appointed to the national board of a commercial real estate development association and to the executive board of the New Jersey State Chamber of Commerce, the firm announced

Professional Services
McLaren, RSC design new Weehawken pier

A pier that stretches nearly 500 feet into the Hudson River has opened in Weehawken, replacing a structure just north of Hoboken that had been destroyed nearly 15 years ago.

Government & Public Policy
Toms River, advocates strike affordable housing deal

A deal between local officials and a housing advocacy group will result in Toms River having the fourth-highest number of new affordable housing units in the state in the coming decade.