Gov. Phil Murphy has signed a bill to update the state’s nearly century-old liquor license laws, seeking to activate nearly 1,400 dormant retail licenses and expand the supply of an asset that many see as critical to economic development.
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.
NAIOP NJ’s New Year’s resolution: Let’s get the next Energy Master Plan right
Overhauling the Energy Master Plan is an opportunity for impacted stakeholders, like you, to help improve what is currently an unrealistic policy document that has done little to accelerate achieving its lofty goals. Perhaps most striking about the current EMP is it lacks an unbiased estimate of what it’ll cost ratepayers, including commercial real estate owners and tenants. Gov. Phil Murphy acknowledged this glaring omission when he announced the 2024 EMP will “seek to better capture economic costs and benefits, as well as ratepayer impacts.”
Giving Tuesday generosity inspires Profeta’s fresh produce donation to NJIT Food Pantry
The NJIT community showed its heart on Giving Tuesday late last month, raising a record-breaking $24,000 for the university’s food pantry. The outpouring of support will directly impact hundreds of students facing food insecurity, providing them with not only pantry staples but also fresh produce, professional clothing and hygiene items.
