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
State details plan, application period for $353 million in COVID-19 rental assistance

State officials are rolling out another $353 million in rental assistance, in a move that should help both residents and apartment landlords who face mounting revenue shortfalls.

Residential & Mixed Use
Somerset plans groundbreaking for 180-unit Fort Monmouth project after key approval

Somerset Development has landed a key local approval to redevelop a 15-acre section of Fort Monmouth, with plans calling for a mix of 180 townhomes and apartments.

People
Saxum Real Estate announces new principals, promotions amid continued growth

By Joshua Burd Saxum Real Estate has announced two new principals and a series of promotions as the Summit-based developer and investment firm continues its growth nationally. The new principals include Chad DeBolt and Sean Gilbert, who both joined the…

Government & Public Policy
New grants for New Jersey towns, cities could boost redevelopment opportunities

Business leaders are cheering the passage of a new economic development incentives law in New Jersey, following a two-year battle in Trenton and the added uncertainty of the pandemic. Yet some stakeholders are pointing to a far less heralded, less contentious piece of the New Jersey Economic Recovery Act as a key tool for spurring new investments around the state.

Residential & Mixed Use
LeFrak, Simon announce artist for lobby piece at new Jersey City residential tower

The LeFrak and Simon families have picked a local artist to design and execute a feature piece for a new luxury apartment tower in Jersey City’s iconic Newport neighborhood.

Government & Public Policy
EDA details plan to relaunch residential ERG program with $50 million tax credit pool

State officials are relaunching a high-profile developer tax credit program that was halted nearly two years ago, offering $50 million in subsidies as a result of a newly approved law.

Residential & Mixed Use
Fort Monmouth residential project nearly sold out, RPM says

The first residential development at the repositioned Fort Monmouth property is nearly sold out, according to the team of RPM Development Group and CB New Homes of Madison.

Government & Public Policy
Greenbaum unveils new practice group focused on state, federal incentives

Greenbaum, Rowe, Smith & Davis LLP has formed a new dedicated, multidisciplinary team focused on helping clients secure state and federal incentives programs, including the newly adopted New Jersey Economic Recovery Act of 2020.

Professional Services
DMR adds three new hires in business development, professional services

DMR Architects has announced new hires in business development, planning and interior design, the latest additions to its growing team.

Government & Public Policy
NJAA announces promotions for membership, education staff

The New Jersey Apartment Association has made two promotions within its Monroe-based administrative team.