The state has extended and expanded an emergency grant program for New Jersey apartment landlords, drawing praise from the multifamily sector despite the need for additional relief.
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.
Taking the temperature of New Jersey’s economy and commercial real estate sector
We are now more than six months into the pandemic that shut down much of New Jersey’s economy in early March. I thought it would be a good time to pause to look at where we are in terms of recovering from the staggering unemployment and economic losses caused by the health crisis. There is some surprisingly good news, but it must be taken with a strong dose of caution.
Brogan: Apartment owners still facing economic, legislative concerns as health crisis continues
With New Jersey’s coronavirus crisis entering its seventh month, the state’s apartment industry still faces a long list of challenges amid legislative efforts to address the economic fallout. Real Estate NJ connected with David Brogan, the executive director of the New Jersey Apartment Association, who weighed in on everything from rent collections to state and federal policy proposals that he believes would have dire financial consequences for landlords.
