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.

BRC: Brooklyn firm relocating after buying Carteret industrial building

A manufacturer that is moving operations from Brooklyn has purchased a 55,560-square-foot industrial building in Carteret, in a $5.1 million sale brokered by Bussel Realty Corp.

Long overdue liquor license reform would drive economic development

Restaurants have proven to be desirable anchors for redevelopment projects and magnets for other businesses. However, with few liquor licenses available, smaller local establishments are having their chances of success diminished or are being shut out, thereby stifling competition, development and consumer choice.

Roundtable: What are the biggest challenges to construction and redevelopment in New Jersey?

We assembled a panel of industry experts to tackle this month’s question. What are the biggest challenges to construction and redevelopment in New Jersey?

Here’s what they had to say.

Officials, developers break ground on $24M affordable housing project in Woodbridge

Construction is underway at what will be a new low- and moderate-income residential community in Woodbridge, replacing a former 1950s-era public housing complex.

Getting on track: Successful rental project, flood control measures spur new interest in Bound Brook

A successful rental project is one of two driving forces that now have Bound Brook ready to move ahead with a long-overdue revitalization of its downtown. The borough, whose Main Street has a history of being pummeled by surges from major storms, marked the completion last year of a $143 million flood control project — meaning downtown business and property owners no longer need to spend thousands of dollars on flood insurance.

Town alleges conflict of interest in affordable housing case, citing judge’s ties to developer

Attorneys for the township of South Brunswick are accusing a former Superior Court judge of having a conflict of interest, citing his ties to a developer that he went to work for only months after ruling that the municipality must zone for at least 1,500 affordable housing units.

Rebuilding affordable housing: After decades of policy purgatory, is N.J. finally ready to move forward?

Two years after the state Supreme Court shook up New Jersey’s affordable housing landscape, dozens of towns in the state may finally be ready to turn the page, even as many others dig in for what looks to be an even longer fight.

Inside the courtroom: NJBA attorneys weigh in on high-profile Mercer trial

For nearly three months, attorneys representing the New Jersey Builders Association, the Fair Share Housing Center, several municipalities and others have been convening in a Trenton courtroom before Superior Court Judge Mary Jacobson. The case centers on the disputed affordable housing obligations for five towns in Mercer County — West Windsor, Robbinsville, East Windsor, Hopewell and Princeton — but its impact could turn out to be even greater.

EDA looks to ride a rising tide in selling valuable Camden site to developers

The Economic Development Authority is marketing an 8.75-acre waterfront redevelopment site in the city, as a host of high-profile development projects and investments continue nearby.

As towns push fair share plans, developers face an interesting twist

Along with a new opportunity, a potential statewide push for affordable housing comes with a touch of irony for developers like Pennrose.