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
ACDEVCO, stakeholders secure $680,000 award for Atlantic City neighborhood plan

Business leaders have secured nearly $700,000 in state funding for Atlantic City’s Chelsea neighborhood, supporting everything from streetscape improvements to outdoor fitness classes.

Government & Public Policy
Developers join public officials, ex-baseball stars to hail Paterson stadium revival

A development team has broken ground on a long-awaited plan to revitalize and reopen Paterson’s historic Hinchliffe Stadium, joining a host of public officials and retired baseball stars to mark the start of the $94 million project.

People
NJBA installs Mann as 68th president alongside newest slate of board officers

The New Jersey Builders Association has installed its newest president, tapping a Millburn-based developer and attorney to help guide the organization in the year ahead.

Top News
EDA reboots grant program to help municipalities rescue stranded malls, office parks

The state Economic Development Authority has relaunched a funding program aimed at helping suburban communities repurpose underutilized retail or office park properties.

Government & Public Policy
Revival of iconic Paterson stadium on the horizon, with hometown developer at the helm

A plan to restore and reopen Paterson’s historic Hinchliffe Stadium is now within reach, as the project moves ahead under a team led by a hometown developer, in an effort that will also honor the site’s history as a Negro League baseball stadium. The mixed-use project could even become a focal point for redevelopment in Paterson, which has lagged behind other large New Jersey cities that have seen high-profile, public-private revitalization efforts.

Government & Public Policy
FMERA: Developer buys Fort Monmouth bowling alley, plans modern entertainment venue

A local developer has acquired a former bowling center at Fort Monmouth and is now preparing to renovate and reopen the facility as a new entertainment venue, state officials said.

Professional Services
Genova Burns promotes real estate attorney among latest moves

An attorney with Genova Burns LLC’s real estate and land use teams has earned a promotion to counsel, in one of several newly announced moves by the Newark-based law firm.

Government & Public Policy
Pandemic’s full impact still unclear, prompting a measured approach to property tax appeals

The pandemic’s impact on property valuations is still far from clear, with some owners taking a more measured approach to tax appeals ahead of this year’s filing deadline in New Jersey.

Government & Public Policy
State completes sale of Fort Monmouth marina, restaurant property

The operator of a marina and restaurant property at Fort Monmouth has acquired the parcel, following approval by the agency leading the redevelopment of the former U.S. Army post.

Government & Public Policy
Application deadline near for EDA brownfields loan program

The state Economic Development Authority is seeking applicants for a new low-interest loan program for cleaning up contaminated property.