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 pledges $35 million tax credit award for 141-unit senior housing project in Totowa

A plan that would create 141 units of affordable senior housing in Totowa is advancing with the help of a $35.3 million tax credit award from the New Jersey Economic Development Authority.

Sherrill taps Hertz-Shargel, leading grid modernization consultant, as next BPU president

Gov. Mikie Sherrill has picked Ben Hertz-Shargel to lead the New Jersey Board of Public Utilities, a move that comes as the state looks to rein in rising energy costs and amid a growing focus on how new data centers and other development will impact the grid.

Developers unveil $42 million update, preservation of 99-unit Newark senior housing complex

Tredway and LIHC Investment Group have completed their renovation of a nearly 50-year-old senior housing complex in Newark, part of a project that also extended the affordability of its 99 apartments for another 30 years.

DIG Architecture marks 20-year milestone, unveils rebrand with ‘groundbreaking’ vision

The practice long known as DIGroup Architecture is marking its 20th anniversary with a new brand identity, one that reflects the evolution of its client base and geographic presence.

Real estate, development to serve as ‘cornerstone’ of newly launched DeCotiis Doyle LLP

Longtime attorneys Michael R. DeCotiis and Douglas F. Doyle have launched a new firm, with a focus that will include major commercial real estate matters in and around New Jersey.

Developer groups laud Sherrill, DEP for one-year delay of controversial flood elevation rules

By Joshua Burd State officials are delaying new land use and flood protection rules that were due to take effect this summer, in a major win for commercial real estate and business groups and a bipartisan coalition of lawmakers and mayors…

Data centers: Sherrill eyes plan to manage energy costs, community concerns while promoting AI growth

Gov. Mikie Sherrill is taking steps to manage the impact of new data center development in New Jersey, announcing a plan to establish guardrails while still allowing the state to benefit from innovations in artificial intelligence.

See photos from NAIOP NJ gala as sold-out crowd celebrates Deals of the Year, industry leaders

NAIOP New Jersey’s annual Commercial Real Estate Awards Gala drew a sold-out crowd last week for a night of networking and a showcase of the industry’s best and brightest.

EDA, SOSA launch business accelerator, support space in Jersey City for international companies eyeing growth in U.S

State officials have unveiled a new coworking and support space in Jersey City that will serve as a hub for global companies seeking to establish and scale their operations in the United States.

NJAA expo opens with enhanced education, revamped schedule to meet member demand

The New Jersey Apartment Association Conference & Expo has returned to Atlantic City, where it’s expected to draw thousands for three days of networking, education and presentations with a revamped schedule and an ever-growing trade show floor.