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.

Eye on Trenton: Developers wary of proposed changes to tax abatement law

In a state that is increasingly dependent on redevelopment in densely populated, infrastructure-rich towns and cities, lawmakers are mulling changes to a tax abatement statute that is often seen as critical to bringing those projects to life.

Developer aims to create new Jersey Shore destination at Fort Monmouth

A developer’s plan to create a new mixed-use gateway at the landmark Fort Monmouth property is taking shape, with the potential to break ground as soon as early next year.

Developer opens new affordable, age-restricted community in Monmouth County

Community Investment Strategies Inc. has taken the wraps off its latest project, a 93-unit, affordably priced rental building geared toward senior citizens in Monmouth County.

Taking the long view

Most regular readers of this publication can tell that, when it comes to new construction, mixed-use and multifamily projects are the ones making most of the headlines. In fact, there are so many projects in New Jersey these days that we don’t often get to spend much time covering them in depth before we have to move on to the next groundbreaking or ribbon-cutting.

It’s time to address a critical need: Infrastructure investment

Maintaining a healthy level of connectivity is critical. This is why we need to continuously invest in our infrastructure to keep things like our economy and lives moving. People, goods, cars, trucks, trains, data, energy, drinking water and sewerage need to get places in a timely way. Where and how we live, work and play are influenced by access to these places.

Builders, unions wary of plans to change PILOTs in Jersey City, report says

Proposals before the Jersey City council would increase the requirements on developers who receive tax abatements, a published report said, prompting concern among the builders and construction workers who have become a familiar sight in the municipality.

Christie: Borgata, Caesars planning ‘significant new investments’ in Atlantic City

The owners of the Borgata and Caesars casinos in Atlantic City appear poised to work together on an upcoming investment or development project in the seaside resort town.

Monmouth dinner honors NJBA, NAIOP leaders for decades of advocacy

It was a night to honor the chief executives of two of the state’s most influential real estate trade associations, as hundreds turned out for an annual industry dinner at Monmouth University.

NJAA panelists tout growth of apartment sector, but say challenges remain

The New Jersey Apartment Association’s annual owners’ roundtable kicked off the group’s annual conference and expo in Atlantic City, in what is the industry’s largest annual gathering in the state.

Hollister spearheading Newark Museum rehab, renovation

The Newark Museum has tapped Hollister Construction to rehabilitate and renovate its campus, under a project that would reopen its main entrance to the city’s newly revitalized streetscape.