With the release of new calculations on the state’s affordable housing deficit, towns and cities in New Jersey now have just over three months to adopt the numbers or provide their own.
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.
Finding a balance: For Reynolds, right-sizing office space has been key to Lawrence Township redevelopment plan
The planned redevelopment of Princeton Pike Office Park in Lawrence Township will feature the mixed-use elements that are increasingly popular in New Jersey. But, departing from the trend, it will keep half its office space.
Three buildings at 3131 Princeton Pike, now known as CANVAS, will be demolished starting this fall or in early 2025, making way for 204 apartments and 17,000 square feet of restaurant and retail space. That will reduce the office space at the park by nearly 40 percent, to about 167,000 square feet, leaving three buildings that are now thriving and nearly fully leased after a recent makeover.
