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.

Finance & Capital Markets
JLL seeking buyer for ex-Sears store in Mercer County, touting redevelopment potential

The site of a vacant Sears building in Lawrence Township is on the market for sale, providing a redevelopment opportunity alongside a mall on Route 1.

Government & Public Policy
NJ Transit seeking proposals from four finalists in 12-acre Metropark redevelopment

State officials are seeking pitches from companies that have shown an interest in redeveloping 12 acres directly adjacent to the busy Metropark transit hub in Woodbridge.

Top News
C&W: Developer wanted for 271-acre development site at Princeton Forrestal Center

Princeton University is seeking a buyer for more than 270 acres along Route 1, where local officials have approved a broad mix of commercial, research, hospitality and residential uses.

Roundtable
What challenges do New Jersey’s cities and downtowns face coming out of the pandemic?

What challenges do New Jersey’s cities and downtowns face coming out of the pandemic? We assembled a panel of industry experts to tackle this month’s question.

Government & Public Policy
NJAA lauds passage of bill to end state’s eviction moratorium

A bill that would wind down New Jersey’s moratorium on residential evictions is headed for Gov. Phil Murphy’s desk, drawing cheers from many landlords after months of uncertainty.

Government & Public Policy
Bill to end eviction ban, with additional protections, slated for vote by full Legislature

A bill that would end New Jersey’s eviction ban later this summer while still providing protections to many apartment renters is poised for a full vote in the state Legislature.

Residential & Mixed Use
KRE Group unveils next phase of landmark project, as momentum builds in historic Jersey City neighborhood

Kushner Real Estate Group and National Real Estate Advisors have opened the second of three towers at their Journal Squared project in Jersey City, having leased more than 50 percent of its 704 luxury apartments amid the ongoing revival of a historic neighborhood.

Finance & Capital Markets
Developers land $94 million financing package for revival of iconic Paterson stadium

A development team has closed on more than $90 million in financing for a project that centers on restoring Paterson’s historic Hinchcliffe Stadium.

Government & Public Policy
EDA now taking applications for rebooted residential ERG program

The state Economic Development Authority is once again accepting applications for a popular gap financing program that lapsed two years ago, but has since been rebooted.

Government & Public Policy
EDA: Applications open for Emerge program, successor to key jobs-based tax incentive

The state Economic Development Authority is now accepting applications for the jobs-based tax incentive known as Emerge, the long-awaited successor to the Grow New Jersey program.