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.

ACDevco senior project manager joins State Planning Commission

A professional with the Atlantic City Development Corp. is among four new appointees to the New Jersey State Planning Commission, as stakeholders look to re-energize the agency that sets development policy and priorities throughout the state.

New Jerseyans Want Clean and AFFORDABLE Energy

Here in New Jersey, we need energy to heat our homes and power our modern lives. However, recently introduced public policy could mandate that consumers could lose choice and be forced to convert to a significantly more expensive form of energy — in fact, it could double your monthly bill. In a recent poll about this very subject, New Jersey residents made it loud and clear that they want to make their own decisions in how to provide energy for their homes.

Rental properties in Essex, Camden extend Section 8 contracts with $51 million refi

The owner of two federally subsidized housing properties has closed on more than $50 million in financing, under a pair of transactions by Rockport Mortgage Corp.

Addressing affordable housing: Government leaders must adapt

After multiple Supreme Court decisions over 50 years, the creation of the Council on Affordable Housing and its subsequent power stripping by the Supreme Court in 2015, over 60,000 units of affordable housing have been created. So, does that mean that the battle over affordable housing in New Jersey is over? Nothing could be further from the truth.

Final phase of Camden redevelopment project underway, HMFA says

The Michaels Organization has broken ground on 58 apartments in Camden, the final piece of a project to redevelop a former public housing complex in partnership with state officials.

State unveils Newark affordable housing project with Pennrose, RWJBarnabas

A developer is partnering with one of the state’s largest hospital systems to create dozens of affordable housing units near Newark Beth Israel Medical Center.

Developers eyeing large-scale studio projects in New Jersey, spurred by popular film tax credit

Developers and property owners in New Jersey are betting that a tax credit for film production will get the cameras rolling in the Garden State, with demand already surging and expected to grow after a recent expansion of the program by Gov. Phil Murphy and lawmakers.

Landlords continue right-sizing, refreshing office stock, as state incentives question looms large

With 2020 underway, owners of New Jersey office buildings are closely watching Trenton to see if the state will pass new tax incentives to attract employers. That’s one of the key issues and trends likely to drive the office market this year, according to interviews with brokers and landlords. In fact, observers say the fate of tax incentives will have more impact on New Jersey’s office market than the presidential election.

Developer, local officials offer vision for $500 million project in East Brunswick

A developer on Tuesday joined local officials in East Brunswick to present their vision for a $500 million redevelopment plan in the township, seeking to transform more than 40 acres of aging and underutilized retail property along the busy Route 18 corridor.

Former NJBA president, veteran developer named NAHB chairman

A former New Jersey Builders Association president has been elected chairman of the National Association of Home Builders, marking a milestone as the first Hispanic to assume the role.