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.

Government & Public Policy
Berkeley Heights makes pitch for investment, development in new marketing campaign

Officials in Berkeley Heights are pushing to attract new private investment, while highlighting a wave of new development already taking place in the Union County township.

Office
LCOR launches leasing for planned 700,000 sq. ft. office building at Hoboken Connect

LCOR has launched its leasing campaign for what will be more than 700,000 square feet of waterfront office space in Hoboken, part of the mixed-use development that’s slated to transform the blocks around the city’s iconic transit terminal.

Top News
AT&T is leaving its iconic campus in Bedminster. Local officials say they’re more than ready.

Bedminster Township has spent eight years preparing for the possibility that AT&T would vacate its iconic 1.1 million-square-foot campus near the junction of interstates 78 and 287, culminating in in a recent vote to rezone the 194-acre property. Now that the move is imminent, local officials are confident that their efforts will pay off.

Residential & Mixed Use
Partnerships, collaboration in focus as NAIOP gala honors CRE leaders and deals of the year

Commercial real estate leaders turned out Thursday for NAIOP New Jersey’s annual gala, where the chapter honored five key figures and unveiled its coveted Deal of the Year winners.

Top News
NAIOP New Jersey CEO McGuinness to step down after 25 years

Mike McGuinness, the highly regarded CEO of NAIOP New Jersey, is stepping down after more than 25 years at the helm of the commercial real estate association.

Retail
Kushner, Whole Foods ink lease in Eatontown as Monmouth Mall redevelopment moves ahead

Kushner Cos. has signed a 40,000-square-foot lease to bring Whole Foods to Eatontown, landing a key tenant as it advances its plan to transform the sprawling Monmouth Mall property.

Retail
Hackensack business group launches pop-up program, offering free rent for entrepreneurs

The Main Street Business Alliance in Hackensack is teaming with downtown property owners to provide spaces for pop-up stores that could ultimately become permanent tenants.

Professional Services
GZA adds Szczepanski as senior planning consultant

GZA GeoEnvironmental Inc. has bolstered its team in the region with a veteran environmental planner and project manager.

Government & Public Policy
EDA pledges Aspire tax credits for major Newark, Camden and Morristown housing projects

The state has lent its support to three projects that will create or renovate a combined 728 apartments in Newark, Camden and Morristown — most of them for lower-income renters — after awarding nearly $121 million in tax credits under a new gap financing program.

Residential & Mixed Use
NRP Group, Bayoh unveil 56-unit affordable housing project in Irvington

A development team has completed 56 units of affordable housing in Irvington, where it has brought life to a long-vacant parcel in one of the township’s main thoroughfares.