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.

Photos
IOREBA, MAREJ conference details CRE opportunities and challenges in cannabis market

New Jersey’s fast-growing cannabis market and its impact on commercial real estate took center stage last month as part of an event hosted by the Industrial & Office Real Estate Brokers Association and the Mid Atlantic Real Estate Journal.

Office
Plastic surgeon adds second location with 3,400 sq. ft. lease in Montvale, JLL says

A cosmetic surgery practice has joined the fast-growing roster of health care tenants at a 32,000-square-foot office building in Montvale, according to a leasing team with JLL.

Residential & Mixed Use
Jersey City’s Newport expands public amenities with new lighthouse, green space

LeFrak has unveiled a new lighthouse and park space along the Hudson River in Jersey City, marking the latest public amenity in the acclaimed Newport neighborhood.

Editor’s Note
Supply search

Our April edition highlights the ongoing demand from established pharmaceutical firms, startups and a growing pool of international users for high-quality, turnkey laboratory and manufacturing space in New Jersey — and the opportunity for landlords that can provide it.

Government & Public Policy
Perth Amboy making new push for planning, redevelopment around key city properties

With new leadership in place, officials in Perth Amboy say redevelopment of both the city’s waterfront and its commercial district will be a priority, following years of fits and starts that have hindered large-scale progress in the community.

Government & Public Policy
RPM, Solar Landscape mark Earth Day while showcasing Avenel community solar project

Support for one of New Jersey’s fastest-growing clean energy programs was on display this week, as advocates toured a so-called community solar project at a warehouse in Woodbridge.

Top News
Wentworth among nominees for New Jersey Hall of Fame 2023 public vote

Real estate magnate and philanthropist Finn Wentworth is among 50 nominees for this year’s New Jersey Hall of Fame public vote, joining a high-profile list of famous artists, business leaders and other public figures with ties to the Garden State.

Health Care & Education
DIGroup tapped to plan, design 75,000 sq. ft. cannabis grow facility in Bridgeton

A cannabis manufacturer and cultivator has tapped DIGroup Architecture to plan and design a new 75,000-square-foot facility in Bridgeton.

Residential & Mixed Use
Iron Ore, AMJ unveil 120-unit luxury rental project at Plainfield’s Netherwood Station

Iron Ore Properties has taken the wraps off a new 120-unit apartment building in Plainfield, where residents are steps from both NJ Transit rail service and one of the city’s largest parks.

Government & Public Policy
Murphy touts new coalition of 90 mayors supporting push for liquor license reform

Gov. Phil Murphy has lined up support from 90 mayors from across New Jersey as part of his recent push to reform and modernize the state’s Prohibition-era liquor license laws.