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.

EDA: Applications open for Emerge program, successor to key jobs-based tax incentive

The state Economic Development Authority is now accepting applications for the jobs-based tax incentive known as Emerge, the long-awaited successor to the Grow New Jersey program.

Developer, city officials detail additional plans for Newark stadium redevelopment

A developer and Newark city officials are offering new details about a plan to revitalize a former stadium property, including a focus on affordable housing and the use of union labor.

BLS & Co. expands site selection, incentives team with newest hire

Biggins Lacy Shapiro & Co. LLC has added to its Princeton-based team with the hiring of a new site selection and incentives consultant.

EDA opens application period for grant program aimed at stranded office, retail buildings

The state Economic Development Authority is now accepting applications for a grant program aimed at helping communities revitalize underutilized retail or office properties.

ACDEVCO, stakeholders plan May 25 event on jump-starting Atlantic City housing market

Business leaders are hoping to shine a light on Atlantic City’s available housing stock — and the incentives for would-be buyers — in a free event slated to take place this week.

Mixed-use project in Paterson advances with support from EDA, HFMA

A partnership is eyeing plans to bring 74 new apartments to Paterson, in a project that calls for both new construction and the restoration of a historic mill property near the city’s Great Falls.

Developers partnering with state, University Hospital for new affordable housing in Newark

A new 78-unit affordable housing development is coming to Newark’s West Ward as part of a collaboration among state officials, private-sector builders and a key hospital in the city.

EDA to start accepting applications for new jobs-based incentives program

The state Economic Development Authority is set to begin accepting applications for a long-awaited new incentive program, following the adoption of short-term rules for the subsidies.

Hoboken advances agreement with Ironstate for residential project, preserving waterfront site

Hoboken city officials are clearing the way for an agreement with Ironstate Development Co. that would bring more than 360 new apartments to the site of a run-down municipal garage, while preserving a waterfront parcel that local leaders had long sought to protect.

Got a feeling ’21 is (going to) be a good year

As we seem to be nearing the final stages of the global pandemic with more people getting vaccinated, federal stimulus monies pouring into our state and a new federal administration that is much more friendly to New Jersey, many of us are feeling that 2021 is going to be a good year.