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.

Residential & Mixed Use
Plainfield planning board OKs project with 357 apartments, rooftop restaurant space

Local officials have granted a key approval to a four-building project that would bring more than 350 apartments and commercial space to the edge of downtown Plainfield.

Government & Public Policy
Transit village project, Gateway tunnel in focus in Buttigieg visit to Somerville

A new mixed-use transit village in downtown Somerville took center stage during a recent visit by U.S. Transportation Secretary Pete Buttigieg, highlighting the importance of infrastructure investment as Congress debates a $1 trillion spending package.

Editor’s Note
Outside the box

By and large, it’s been a decade of good news for New Jersey industrial’s sector. I’m certainly thankful for the steady stream of updates on deals and developments up and down the state, especially in a pandemic that has threatened other asset classes. That can also present a challenge as we look to keep our content fresh, nuanced and informative in an area that has been so consistent.

Government & Public Policy
EDA now accepting applications for commercial ERG projects

The state Economic Development Authority is now accepting applications for commercial construction projects under a relaunched gap financing program.

Government & Public Policy
LCOR announces design, construction team for Hoboken rail yards project

LCOR, the developer tapped to transform the sprawling rail yards in southern Hoboken, has unveiled its team of design, construction and leasing professionals for the project.

Residential & Mixed Use
Developer breaks ground on 156-unit apartment tower, first of two in West New York

Construction is underway on the first of two towers that will make up a new 312-unit apartment complex in the Hudson County town of West New York.

Policy Page
Infrastructure investment: A winning strategy for resilience

We can likely all agree that modern and efficient infrastructure systems are a major factor in real estate development and investment decisions. Such strategic, long-term investments lead to increased opportunities for commercial real estate development and result in stronger job creation and economic growth for our communities.

Government & Public Policy
Newark outlines five-year plan to create, preserve 6,600 affordable housing units

Newark city officials have set out to create or preserve 6,600 units of affordable housing over the next five years, part of a new plan aimed at helping lower-income and homeless residents.  

Residential & Mixed Use
With new apartments, reuse of Plainfield hospital site taking shape after more than a decade

CHA Partners recently unveiled a new 120-unit apartment building at the site of the former Muhlenberg Regional Medical Center in Plainfield, doing so more than a decade after the hospital’s closure devastated city residents and set off an emotional, multiyear battle to repurpose the site.

Retail
Clifton approves zoning for ‘limited’ retail uses at Prism’s ON3 campus

Prism Capital Partners has secured another key entitlement for its ON3 campus, allowing it to bring uses such as restaurants and small shops to the Clifton portion of the property.