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
Berger secures $90 million EDA tax credit award for planned 396-unit high-rise in Newark

The state has pledged its support for two more residential projects in Newark, approving more than $142 million in combined subsidies under the Aspire tax credit program.

Government & Public Policy
Perth Amboy, Viridian kick off demolition for $110 million, mixed-use ‘Gateway’ project

Officials in Perth Amboy are marking the start of a long-awaited redevelopment along the city’s waterfront, seeking to transform nearly 45 acres of contaminated, blighted property with a mix of pad-ready sites, warehouse space and open space for residents.

Government & Public Policy
Newark Fiber, Andrena partner to bring ultra-fast, low-cost internet to public housing residents

More than 1,600 Newark families living in public housing are getting affordable high-speed internet access as part of an outgrowth of the city’s celebrated Newark Fiber program.

Events
Denholtz, McGuinness among honorees slated for NAIOP New Jersey gala in May

Denholtz Properties CEO Steven Denholtz will be the latest recipient of NAIOP New Jersey’s lifetime achievement award, headlining a list of honorees for the chapter’s spring gala that will also include its own former longtime chief executive.

Events
Jersey City Summit set for May 29 with high-profile speaker list still growing

Plans for this year’s Jersey City Summit are quickly taking shape, with featured guests set to include Gov. Phil Murphy, Mayor Steve Fulop and legendary developer Joe Panepinto Sr. alongside dozens of other owners, investors and key players in the city’s renaissance.

Industrial
Demand soars for ‘community solar’ projects on warehouses, as state program enters new phase

Landlords are expanding their participation in New Jersey’s nation-leading Community Solar Energy Program, which allows property owners to lease their rooftops to solar developers, as the state transitions from a pilot phase to a permanent model.

Government & Public Policy
Murphy signs landmark affordable housing bill, creating new framework for development

Gov. Phil Murphy has signed a landmark bill to revamp how New Jersey calculates and enforces each town’s obligations for affordable housing, setting a path for a new phase of residential development across the state under the Mount Laurel doctrine.

Government & Public Policy
Gutierrez-Scaccetti to NAIOP: Warehouse fee would fund much-needed truck traffic planning

Business groups have lined up against Gov. Phil Murphy’s proposal to charge a fee on warehouses for each truck they receive, but a top state official said the levy is needed to address a chronic lack of traffic planning around new industrial developments.

Government & Public Policy
Bill to create new affordable housing framework clears state Senate, heads to Murphy’s desk

The next chapter of affordable housing in New Jersey is now in Gov. Phil Murphy’s hands, following the state Senate’s passage of a bill to revamp how officials calculate and enforce each town’s obligations under the landmark Mount Laurel doctrine.

Government & Public Policy
Policy playbook: NJBA aims to tackle construction, housing costs on multiple fronts in Trenton

Developers are cautiously optimistic about new legislation to streamline affordable housing production in New Jersey, but it’s far from their only public policy objective in 2024.