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.

Office
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.

Government & Public Policy
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.

Government & Public Policy
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.

Sponsored Content
Real Estate NJ’s 2020 Market Forecast

A new year is upon us, bringing new opportunities and new uncertainty for New Jersey’s commercial real estate market. To make sense of it all, we recruited some of the industry’s most influential professionals, developers and thought leaders to share their predictions for the year ahead. You can find those insights and more in our special 2020 Market Forecast.

Professional Services
PS&S adds veteran wastewater utility official to Wall office

PS&S has hired a longtime public utility official in Monmouth County as the newest edition to its water resources team.

Government & Public Policy
EDA, NJIT announce new center for brownfields cleanup

The state Economic Development Authority is teaming with the New Jersey Institute of Technology to establish a new initiative aimed at helping local governments clean up and reposition brownfield sites within their borders.

Government & Public Policy
Normandy closes on Jersey City, Hackensack projects under Opportunity Zone fund

Normandy Real Estate Partners has closed on two transactions under the federal Opportunity Zone program, as it touts a milestone in its effort to raise $250 million for such investments.

People
CSG adds veteran municipal attorney, former Atlantic City business administrator

Jason Holt — Courtesy: Chiesa Shahinian & Giantomasi PC By Joshua Burd Chiesa Shahinian & Giantomasi PC has bolstered its team of real estate and property tax attorneys with the addition of a longtime municipal official in the state. Jason…

Government & Public Policy
HMFA awards $22.5 million in tax credits, supporting 1,200 affordable units

State officials have awarded more than $22 million in new funding under a federal tax credit program for affordable housing developers, supporting 17 projects that will create some 1,200 units for families, seniors and residents with special needs.

Government & Public Policy
Office space analytics startup opens at Kearny Point, with EDA support

A technology startup has opened offices at the sprawling Kearny Point complex after being approved for a rent subsidy program by the state Economic Development Authority.