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.

Brogan: Apartment industry bracing for impact of ‘stay at home’ order, economic uncertainty

With millions of New Jersey residents ordered to stay at home, apartment owners and managers are set to play a critical role in the effort to curb the spread of COVID-19. They’re also bracing for a major impact from a teetering economy and the prospect of some residents being unable to pay rent, which looms large against the backdrop of paying their own employees, mortgages and property taxes. That’s not to mention the need to respond to tenant emergencies and disruptions to the supply chain, which have impacted everything from cleaning supplies to appliances

Mandelbaum Salsburg adds new member in environmental law group

Mandelbaum Salsburg PC has deepened its bench of environmental lawyers with one of its newest additions.

NJBA, NAIOP postpone events amid coronavirus concerns

The escalating coronavirus crisis rippled through New Jersey’s commercial real estate sector on Thursday, as two top trade associations were among those to postpone upcoming events.

Final phase of Wood-Ridge transit village project secures site plan approval

A development team has secured a key approval for the final piece of a long-running plan to transform a piece of the former Curtiss-Wright aircraft plant in Wood-Ridge.

East Brunswick, developer uniting around common goal — transforming Route 18

A new public-private alliance has emerged in East Brunswick, where local leaders and a development team have united to revive a stretch of blighted retail property on Route 18.

Newark city council votes to advance land banking bill

Local officials in Newark are one step closer to launching a land banking program that would allow it to acquire and assemble blighted properties for redevelopment or restoration.

CSG adds veteran alcoholic beverage control regulator, eyeing new retail trends

Chiesa Shahinian & Giantomasi PC has bolstered its commercial real estate team with the hiring of a longtime regulator with the state’s Division of Alcoholic Beverage Control.

HMFA debuts $50 million loan program for special needs housing projects

State officials have unveiled a new $50 million loan program aimed at funding 400 apartments for disabled veterans, homeless individuals and other residents with special needs.

Familiar territory

As you’ll read in this month’s cover story, a project aims to revive what should be prime real estate in East Brunswick, one that hugs a highway with daily traffic of 100,000 vehicles.

HMFA touts opening of 75-unit senior housing complex in Freehold

A developer and state officials have marked the completion of an age-restricted, 75-unit affordable housing property in Freehold Township.