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.

Murphy signs bill to allow third-party code inspections, drawing cheers from real estate industry

Gov. Phil Murphy has signed into law a bill that aims to speed up construction permitting in New Jersey, allowing developers to hire private-sector code inspectors if local officials cannot complete a review within three business days of a requested date.

CSG Law announces five promotions on real estate, property tax teams

Chiesa Shahinian & Giantomasi PC has announced five new promotions across its team of real estate, land use and property tax attorneys.

Fulop says he won’t seek re-election as Jersey City’s mayor in 2025

Jersey City Mayor Steven Fulop is serving his last term in a post he has held for nearly a decade, he announced Tuesday, in a tenure that has seen the city’s development boom continue in earnest and spread increasingly to neighborhoods beyond the Hudson waterfront.

Day Pitney real estate, land use lawyer in New Jersey named partner

An attorney with Day Pitney LLP’s real estate and land use team in New Jersey is now a partner, in one of 11 newly announced promotions across the firm’s East Coast offices.

Lions Gate awarded EDA ‘Studio Partner’ designation, boosting tax credit eligibility

Lions Gate Films Inc. has secured a key designation by the state Economic Development Authority, allowing it to secure additional incentives in connection with a sprawling studio complex that’s now under construction in Newark.

The best of The Briefing 2022

We’re always excited to look ahead to a new year in New Jersey commercial real estate. First, however, please join us in looking back at our top stories of the year, including our most-read items and a few editor’s picks. Happy New Year and best of luck!

Recreational cannabis sales in New Jersey jump 46 percent, top $116 million in Q3

Sales of recreational cannabis in New Jersey rose to more than $100 million in the third quarter, showing the potential of a market that launched less than eight months ago.

State completes sale of 36-acre Fort Monmouth parcel slated for RWJBarnabas campus

The state has completed its sale of a 36-acre parcel at Fort Monmouth — the onetime home of a Cold War-era research complex — where plans call for a long-awaited, sprawling health care campus to be operated by Monmouth Medical Center.

Marchetto Higgins Stieve Architects rebrands, touts growing pipeline of high-rise projects

MHS Architecture’s portfolio of high-rise projects in New Jersey includes Liberty Harbor Development’s 33-story 88 Regent project in Jersey City. — Courtesy: MHS Architecture By Joshua Burd One of the state’s best-known design firms for multifamily and mixed-use projects has…

NJ Transit wins grant to study development along planned Hudson-Bergen Light Rail extension

NJ Transit has secured nearly $600,000 in federal funds to study development prospects along what would be the long-awaited, nine-mile extension of the Hudson-Bergen Light Rail.