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.

Top News
NJPAC breaks ground on $336 million campus expansion with 350 rentals, arts education hub

Construction is set to begin on a long-awaited expansion of the New Jersey Performing Arts Center’s campus in Newark, part of a $336 million project that will bring 350 new apartments, office and retail space and a 58,000-square-foot arts education and community center.

Government & Public Policy
EDA approves $8 million tax credit for Atlantic City office-to-residential project

A developer has secured a key tax credit award for its plan to convert a historic office building in Atlantic City into 56 loft-style apartments and commercial space.

Government & Public Policy
BPU, developers eye continued growth of rooftop solar with new $156 million EPA grant

New Jersey’s solar industry is getting a $156 million infusion of federal funds, as state officials continue their focus on projects that will help low-income and disadvantaged communities.

Government & Public Policy
Nine towns challenge N.J. affordable housing law in new lawsuit led by Montvale

Nine towns are suing to block New Jersey’s new affordable housing law, arguing it imposes excessive mandates on municipalities without fully considering local conditions and resources.

Photos
Devco tops out $732 million first phase of HELIX campus in New Brunswick (PHOTOS + VIDEO)

New Brunswick Development Corp. on Friday welcomed a crowd of public officials and other well-wishers to the site of its high-profile HELIX project, joining a large team of laborers to top out the first of three buildings at the planned life sciences and technology campus.

Health Care & Education
Devco set to top out first phase of HELIX project, hailing a key milestone with more to come at distinctive New Brunswick campus

The developer of the landmark HELIX project in New Brunswick will mark a key milestone on Friday when it tops out the first of three buildings at the campus, hoisting the final steel beam for the 12-story, 574,000-square-foot structure downtown.

For New Brunswick Development Corp., it’s also a chance to highlight what’s still to come at a facility that will be unlike anything else in New Jersey.

Policy Page
Getting a building permit in New Jersey is about to get easier

The implications of the newly signed New Jersey Design Professional Self-Certification Act are significant. Depending on a project’s size and complexity, some permit approvals can now be made in a matter of days.

Retail
Doren Development secures local approval for new Starbucks in Monmouth County

Doren Development has received approval to build another Starbucks in New Jersey, this time in Monmouth County, where it will redevelop a former bank branch off Route 36.

Hospitality & Tourism
Bailey details plan to transform Monmouth Park with residential, hotel and community spaces

Real estate magnate Morris Bailey has unveiled plans for a sweeping mixed-use development on some 80 acres alongside Monmouth Park, in a project that is decades in the making and long seen as a key to the future of the iconic Jersey Shore racetrack.

Government & Public Policy
EDA eyes $10 million grant program to support small businesses buying liquor licenses

State officials are developing a new grant program that would help small businesses defray the cost of a liquor license purchased under a landmark law enacted earlier this year.