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.

Government & Public Policy
Jersey City: Loew’s Theatre restoration lands $42 million tax credit to kick off EDA program

The state has awarded more than $42 million in tax credits to a plan to restore an iconic theater in Jersey City, the first approval under the new Historic Property Reinvestment Program.

Photos
Kokes Properties takes part in local community day as construction continues in Riverside

Kokes Properties is taking steps to further strengthen its ties to the Burlington County township of Riverside, the site of its new multifamily development, including participation in an annual community day organized by local officials.

Government & Public Policy
Netflix studio hub at Fort Monmouth closer to reality, emerges as top bid for 300-acre site

Netflix has taken a major step toward building a sprawling production studio in New Jersey, emerging as the preferred bidder for some 300 acres at the iconic Fort Monmouth property.

Government & Public Policy
Russo, Onyx and Terminal to lead transformation of NJ Transit’s Metropark station

State officials have picked Russo Development, Onyx Equities and Terminal Construction to spearhead a project that would reshape NJ Transit’s busy Metropark station in Woodbridge.

Professional Services
CSG adds four attorneys, group administrator to real estate practice

Chiesa Shahinian & Giantomasi PC has announced five new additions to its team of real estate, development and land use attorneys.

Government & Public Policy
Murphy joins LCOR, NJ Transit to break ground on historic Hoboken Connect project

Construction is set to begin on the long-awaited Hoboken Connect project, where plans call for improving the city’s historic transit terminal, infrastructure upgrades and new development that would include nearly 400 apartments and 635,000 square feet of high-end office space.

Government & Public Policy
Demolition begins in East Brunswick as builders, officials prepare to transform Route 18

A development team has started demolition of a blighted, long-vacant retail complex along Route 18 in East Brunswick, in a critical step in a plan to build new apartments, commercial space and other uses as part of a destination spanning dozens of acres.

Government & Public Policy
NAI Hanson: Township acquires, preserves would-be development site in Hunterdon County

The Hunterdon County township of Raritan is preserving 48 acres near Route 202 after acquiring the property, according to a broker with NAI James E. Hanson.

Finance & Capital Markets
PGIM Real Estate commits $150,000 to nonprofits focused on racial equity, social justice

PGIM Real Estate has announced several new partnerships aimed at bolstering the firm’s commitment to supporting racial equity and social justice in the U.S.

Top News
Plan for 1.2 million sq. ft. studio, hospitality complex in Carteret wins key approval

A sprawling project that would bring film and television studios, hotel rooms and restaurants to a former industrial site in Carteret is moving forward after securing a key local approval.