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.

Finance & Capital Markets
PGIM inks $41 million loan for rehab of 321-unit Camden affordable housing tower

PGIM Real Estate has provided nearly $41 million in financing to a developer that plans to revitalize a 321-unit affordable housing property in Camden, the lender announced.

Professional Services
Procida’s Weissman named president of Builders Association of Northern New Jersey

The Builders Association of Northern New Jersey has appointed Derek Weissman of Procida Funding as its new board president.

Professional Services
Environmental attorney Kettler among newest promotions at Riker Danzig

Riker Danzig LLP has elevated Michael S. Kettler of the firm’s environmental law group, in one of several newly announced promotions on its Morristown-based team.

Government & Public Policy
Foglio named commissioner with Mercer County Improvement Authority

Longtime developer Christiana Foglio has joined the Mercer County Improvement Authority, marking her latest stint at the agency and her latest post in the public sector.

Government & Public Policy
Assembly passes bill to disband COAH, recast blueprint for affordable housing obligations

The state Assembly has passed a bill that would revamp how New Jersey calculates each town’s affordable housing obligations, seeking to streamline a process that had languished in recent decades before being taken over by the state judiciary.

Government & Public Policy
EDA approves $25 million in grants for Newark, Atlantic City commercial corridors

State officials are sending more than $25 million in grant funds to support 13 businesses and commercial projects in the downtowns of Newark and Atlantic City.

Events
New Jersey Future, APA-NJ: Deadline near for planning and redevelopment forum topic proposals

With the annual New Jersey Planning and Redevelopment Conference less than four months away, organizers are seeking session proposals for the multiday program.

Residential & Mixed Use
EDA pledges $200 million Aspire tax credit for mixed-use ‘NJPAC District’ project in Newark

A sweeping plan to expand the New Jersey Performing Arts Center campus in Newark has secured a 10-year, $200 million tax credit award under the state’s Aspire program, in a key step for a project that would include 350 apartments and new commercial and community spaces.

Events
ULI Northern New Jersey unveils honorees for April awards gala

The Urban Land Institute’s Northern New Jersey chapter has announced the winners of its 2024 Excellence Awards, highlighting a host of projects and professionals involved in land use and development in the state.

Government & Public Policy
NJAA’s Trani promoted to manager of education

The New Jersey Apartment Association has promoted Alexa Trani to manager of education, with a focus on expanding the organization’s professional development platform.