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.

Office
EDA: Party City would lease 209,000 sq. ft. in Woodcliff Lake with help of Emerge incentive

State officials have approved a nearly $10 million tax credit that would pave the way for Party City Holdings Inc. to lease more than 200,000 square feet of office space in Woodcliff Lake.

Government & Public Policy
Hackensack: Two-way traffic is back on Main Street, in critical step for city’s revival

Business leaders in Hackensack are hailing the long-awaited return of two-way traffic on Main Street, a change that will likely accelerate the ongoing revival of the city’s downtown.

Government & Public Policy
Santola joins State Planning Commission after nomination by Murphy, approval by Senate

Longtime development executive Stephen Santola has joined the State Planning Commission as a public member, following lawmakers’ recent approval of his nomination to the group.

Government & Public Policy
Claremont breaks ground on homeless shelter, moving closer to new 444-unit apartment tower

A developer has broken ground on a new homeless services center in Jersey City, marking a key step in a plan to ultimately build a 23-story, 444-unit apartment tower across the street.

Residential & Mixed Use
New Jersey remains a draw for out-of-state developers — despite the hurdles

For developers from out of state, building in New Jersey can be a challenge. Yet there are builders that make it work — generally when there’s buy-in from government officials — and New Jersey remains a draw for many of them.

Professional Services
Sordoni announces promotion of longtime team member to project executive

Sordoni Construction Co. has named a new project executive after promoting a veteran member of its team.

Government & Public Policy
DCA marks payout of $232 million in COVID rent relief, launches eviction prevention program

The state has disbursed more than $230 million in federal funds aimed at providing relief to apartment renters and landlords impacted by the COVID-19 crisis, officials said last week.

Government & Public Policy
NJAA calls for faster rent relief payments as state, federal eviction bans come to an end

As the eviction moratorium winds down in the state, the New Jersey Apartment Association is urging Trenton to pick up the pace of sending out long-awaited rental assistance payments.

Government & Public Policy
NJCU joins public officials, PRC Group to open new location at Fort Monmouth

New Jersey City University has unveiled its new location at Fort Monmouth, in another key addition to the historic U.S. Army base and an expansion of higher education in the area.

Professional Services
State bar association taps Fersko for cannabis law executive committee

A top real estate attorney with Greenbaum Rowe Smith & Davis LLP has joined the leadership of the New Jersey State Bar Association’s Cannabis Law Committee.