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.

Incentives: Insiders expect greater scrutiny, urge proactive approach amid Trenton firestorm

If you’ve begun to collect tax credits under Grow New Jersey and other state incentive programs, experts say now is the time to be proactive and verify that you have met your commitments for job creation and retention.

Medical device startup moving to Kearny Point with first EDA rent support grant

A medical device maker has relocated to a creative flex office space at the Kearny Point property in Kearny, making it the first company to benefit from a new state program that subsidizes rent payments for startups at certain collaborative workspaces.

Atlantic City plans ‘eds and meds’ expansion with $38 million medical arts complex

A regional health care network is planning a $38 million, 65,000-square-foot medical arts complex in Atlantic City, in one of the latest new developments in the iconic resort town.

Newark plans search for new economic, housing director with Palmieri set to retire

Newark’s top official for economic and housing development is stepping down next week after a little more than a year on the job.

EDA: Online marketplace for dog breeders, owners considers Jersey City call center

An online marketplace for dog breeders and owners is weighing plans for a new call center in Jersey City, having won approval for a 10-year, $4 million state tax credit incentive.

EDA approves $40 million tax credit to bring nonprofit to Camden

The state has approved a 10-year, $39.6 million tax credit package aimed at luring a Pennsylvania-based nonprofit to Camden, where it would build a new waterfront office building and create nearly 170 jobs not currently in the state.

We’ve heard this story before — it’s time for a different ending

Gov. Phil Murphy will give his budget message to the Legislature on Tuesday, March 5. As the voice of the commercial real estate development industry in New Jersey, NAIOP’s attention will be focused on the messaging that emanates from Trenton. Given the headlines over the last several months, we are rightly concerned about the state’s fiscal health and its ability to withstand a recession, which is all but certain by 2020.

Murphy: Developers can seek up to $4 million under proposed historic tax credit program

Gov. Phil Murphy is hoping to lure new investors to some of the state’s oldest buildings, touting a proposed historic preservation tax credit as part of his plan to overhaul New Jersey’s embattled incentive programs.

EDA: Co-working sites in central, southern New Jersey eligible for rent grants for startups

The state Economic Development Authority has added two co-working facilities in Somerset and Gloucester counties to its list of locations that qualify for rent subsidies for startup businesses.

Editor’s note: Dear Amazon, we’re still here if you need us

Amazon said it won’t reopen its search for a second headquarters after pulling out of New York City, but who’s to say that Newark and other shortlisted cities will just quietly step aside?