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

NJAA members, lawmakers brave Nor’easter for annual PAC reception (SLIDESHOW)

Last week’s “bomb cyclone” Nor’easter was no match for an annual event hosted by the New Jersey Apartment Association, which drew some three dozen lawmakers and more than 150 attendees despite torrential rain and bruising winds.

Residential & Mixed Use

Michaels, Camden housing authority break ground on 75-unit project

A partnership has kicked off the next phase of a plan to redevelop a former public housing complex in Camden, breaking ground on 75 apartments in the city’s Centerville neighborhood.

Government & Public Policy

NJAA adds new VP of government affairs

The New Jersey Apartment Association has made a new addition to its influential government affairs team.

Government & Public Policy

ULI Northern New Jersey names R&J senior account exec as PR chair

The Urban Land Institute’s Northern New Jersey chapter has tapped a Bridgewater-based public relations professional to spearhead its outreach and engagement in the region.

Changes coming to long-term tax exemption statute

Several bills affecting the long-term tax exemption statute are slowly making their way through the New Jersey Legislature. While each bill addresses different provisions of the statute, the common theme among them is one of restrictiveness.

Government & Public Policy

CBRE: Social services agency inks nine-building, $8.27 million portfolio sale

A nonprofit children’s services agency has sold nine properties totaling nearly 82,000 square feet, under a series of newly completed transactions by CBRE.

Government & Public Policy

Reeling from new rent control laws, N.Y.C. investors set their sights on New Jersey

A landmark package of new rent control laws passed by the New York State government in mid-June appears to have kick-started a new kind of boom for the New Jersey real estate market. The laws, which dramatically strengthened tenant protections in New York City, took key steps such as repealing what was known as the vacancy bonus provision, which had allowed a property owner to raise rents as much as 20 percent each time a unit became vacant.

Government & Public Policy

GZA project manager tapped for DEP advisory post

A senior project manager at GZA GeoEnvironmental Inc. has been named to a key advisory board for the state Department of Environmental Protection.

EWMA readies for environmental remediation changes set out in SRRA 2.0

Comprehensive updates to New Jersey’s 2009 Site Remediation Reform Act (SRRA), signed into law on August 23, will impact how thousands of properties in the state are remediated and redeveloped.

Government & Public Policy

As expected, Murphy vetoes bill to extend tax incentives

Gov. Phil Murphy has officially rejected a bill that sought to extend the state’s tax credit incentives, which lawmakers hoped would have provided time to find a long-term solution for the controversial programs before they expired earlier this summer.