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.

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.

Hoboken acquiring five-acre waterfront parcel for long-awaited public park space

The city of Hoboken has all but completed its acquisition of a long-contested, five-acre parcel along the Hudson River, paving the way for new park space and a plan to create uninterrupted public access along the length of its waterfront.

Montgomery opens new 62,000 sq. ft. municipal center after DMR-designed project

DMR Architects is marking the completion of a new municipal center in Montgomery Township, with a design that honors the community’s heritage while modernizing its facilities.

NAI Mertz adds construction, facilities executive with deep ties to public sector

A longtime business owner and member of the state’s facilities and leasing team has joined NAI Mertz as a director for the office division, the Mount Laurel-based firm said Tuesday.

USGBC NJ honors LEED projects of the year, returns to in-person celebration

Local leaders with the U.S. Green Building Council gathered last week to honor dozens of projects, firms and individuals that are advancing sustainability in New Jersey, as the chapter hosted its first in-person awards gala in more than three years.

Cheaper by the dozens: N.J. Legislature considers bill proposing unlimited restricted liquor licenses for annual fee

The New Jersey Legislature is considering a bipartisan bill (S355/A3710) that establishes a restricted beer, wine and cider license that would allow restaurants, for a small annual fee, to sell certain alcoholic beverages to their patrons. In an effort to counteract the diminution in value of already-owned liquor licenses, the proposed bill provides tax credit under corporate business tax and gross income tax for loss in value to certain alcoholic beverage licenses. Despite this tax credit, there is sure to be a significant decrease in the value of already-owned liquor licenses. This loss in value is likely to in turn diminish the value of the properties underlying those licenses.

Violet PR promotes Forrest to vice president

Violet PR has promoted Christina Forrest to vice president, touting her role in growing the Montclair-based firm since joining its team nearly a decade ago.

Perth Amboy eyes redevelopment of key sites around city train station, highway networks

Officials in Perth Amboy are hoping to sharpen their focus on three key redevelopment areas in the city, touting their access to mass transit and the region’s vast highway network.

Developers join Murphy, Oliver to launch $500 million redevelopment in East Orange

An investment group has broken ground on what’s billed as a $500 million development project in East Orange, where plans call for 820 mixed-income apartments and more than 200,000 square feet of commercial space anchored by a new supermarket.