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.

Next phase of Camden affordable housing redevelopment underway

Michaels Development and the city of Camden have broken ground on 72 low- and moderate-income apartments, continuing a project to redevelop a blighted public housing complex.

NJAA draws record crowd to PAC fundraiser with state lawmakers (SLIDESHOW)

Dozens of state lawmakers met face to face recently with leaders in the multifamily sector, as the New Jersey Apartment Association hosted its annual political action committee reception.

NAIOP honors new hall of fame class, CRE industry leaders

A crowd of nearly 400 turned out Monday night as NAIOP New Jersey inducted three commercial real estate leaders into its hall of fame, while honoring a longtime state government leader and three key industry professionals.

Langan knows OZs in NJ

Enacted as part of the 2017 federal Tax Cuts and Jobs Act, the Opportunity Zones program will bring development into low-income areas. While investors and developers take steps to form Qualified Opportunity Funds (QOFs), Langan is well positioned to support substantial improvement projects among the 169 tracts within 73 towns in New Jersey. In fact, because of our near half-century of providing engineering and environmental services in our state, we have the right experience and site knowledge to help maximize investments in our OZs.

Murphy signs law to create new TOD office at NJ Transit

Gov. Phil Murphy has signed into law a bill that requires NJ Transit to establish an office of transit-oriented development and conduct an annual inventory of its real estate holdings, potentially paving the way for new opportunities across the state.

NJBA announces new COO, revamped government affairs team

The New Jersey Builders Association has named a new chief operating officer as part of a series of changes to its government affairs team.

Booker urges ‘savvy investors,’ public officials to partner in Opportunity Zones

The new federal Opportunity Zone program is far from perfect in its early stages, U.S. Sen. Cory Booker told a crowd of New Jersey real estate leaders on Monday, but it offers a powerful new incentive for the private and public sectors to steer economic development to low-income areas.

Investors debut rehabbed affordable housing in Jersey City (SLIDESHOW)

A joint venture has completed its rehabilitation of Jersey City’s largest privately held Section 8 housing complex, a 483-unit property near the city’s Journal Square section.

Affordable senior housing breaks ground in Cinnaminson

Developers have started construction on a new 54-unit, age- and income-restricted rental community in Cinnaminson, their seventh joint venture in southern New Jersey.

Murphy unveils Hoboken flood wall location, but fate of rail yards project still unclear

Gov. Phil Murphy has announced a long-awaited plan for a flood barrier at the southern end of Hoboken, although its location could threaten or dramatically alter a proposal to redevelop the rail yards alongside the city’s busy train terminal.