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.

Jersey City public housing complex to be rebuilt with 631 affordable, market-rate units

More than 600 new apartments and condominiums are coming to the site of an 80-year-old public housing complex in Jersey City, officials said, under a plan that would include both lower-income and market-rate units and a new branch of the city’s public library.

Maximizing value through placemaking

Thoughtful placemaking executed with the proper design strategies creates a vibrant, authentic sense of place offering value through rental and occupancy premiums and allows for real estate to evolve and meet current sustainable lifestyles. More than just mixed-use developments, successful placemaking projects seek to attract people, make them feel comfortable and activate the built environment in ways that encourage them to stay or return. Today’s residents, office tenants, retail patrons and pedestrians desire an integrated living, working, learning and shopping environment that is intentionally planned to create places that foster community and neighborhood growth.

Atlantic City: Vantage Commercial inks sale of 3.7-acre site slated for cannabis grow facility

The operator of a planned marijuana cultivation facility has acquired 3.7 acres in Atlantic City’s tourism district, brokers with Vantage Commercial announced Thursday.

Cannabis dispensary takes 2,500 sq. ft. for new West Orange location, Blau & Berg says

A new cannabis dispensary is coming to West Orange after completing a lease for 2,500 square feet, in a newly announced deal by The Blau & Berg Co.

Murphy calls for five-year phaseout of liquor license cap, tax credit for existing holders

Gov. Phil Murphy has revealed new details of a proposal to update the state’s decades-old liquor licensing program, seeking to balance new economic growth with the interests of existing operators.

Godun named first-ever director for sustainability at Ware Malcomb

Ware Malcomb has tapped one of its top architects in the region as its director for sustainability, a newly created position for the international design firm.

Study: Meadowlands convention center, hotel complex would yield $30 billion over 30 years

A new Meadowlands convention center and hotel complex would generate $30 billion in new spending over 30 years, according to a study revealed Friday by supporters of the proposal.

Manufacturer eyes expansion in Carteret, as mayor hosts company leaders from South Korea

A global cosmetics maker is expanding its operations in Carteret as part of a plan to overhaul its 139,000-square-foot plant just west of the New Jersey Turnpike.

Belgiovine sworn in as NJBA president, helming five-member executive board

The New Jersey Builders Association has installed its new executive board, including a 45-year construction and real estate industry veteran as its president for the next 12 months.

Veteran multifamily executive Penn kicks off two-year term as NJAA president

The New Jersey Apartment Association has elected a long-serving member and longtime property management executive in the state as its newest board president.