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.

Jared Kushner to step down as CEO of Kushner Cos., report says

Jared Kushner is preparing to step down as CEO of the Kushner Cos. ahead of an expected role in the White House of his father-in-law, President-elect Donald Trump, The New York Times reported.

Report: Developer aims to convert historic factory in Burlington County

A Brooklyn developer has acquired a former watchcase factory in Riverside, where it now hopes to convert the landmark building into 64 luxury apartments.

Developer opens new senior housing complex in Barnegat

The Walters Group has opened the doors to a new 70-unit age-restricted community in Barnegat, touting a project that was completed less than a year after it closed on the property.

Developer gets OK for ShopRite, apartments in New Milford

A narrow vote in New Milford has cleared the way for a developer to proceed with plans for a new shopping center and apartment complex in the borough, published reports said.

Lawmakers OK bill to impose casino license suspension

A bill that is headed to Gov. Chris Christie’s desk would impose a five-year casino license suspension on billionaire investor Carl Icahn, who owns the shuttered Trump Taj Mahal in Atlantic City.

CSG promotes six attorneys

Attorneys who were formally named to the firm’s real estate and tax appeals practices are among six promotions announced Monday by Chiesa Shahinian & Giantomasi PC.

Is N.J. ready for an affordable housing building boom? Experts weigh in

For all of the uncertainty over how many new affordable housing units that municipalities will be forced to allow — whether it’s 100,000 or 300,000 — there will be another key question to answer when the state Supreme Court makes that determination.

Can the market in New Jersey support that many new homes?

Funding set to run dry for Atlantic City development agency

A state authority that redirects casino tax revenue into Atlantic City development projects is set to lose what has been a lucrative funding source for more than 30 years, raising questions about what its mission will be going forward.

Affordable housing takes center stage at Rutgers event

After decades of litigation and controversy over how to address affordable housing in New Jersey, stakeholders on virtually all sides appear to be coming together on at least one point:

We may finally be inching toward a solution — even if it’s one that is messy, imperfect and still likely to cause additional strife across the state as the key details are worked out.

‘Uber does have a part to play’ in CRE, company official tells NAIOP members

Uber may have unveiled a new partnership with a New Jersey developer earlier this week, but it’s just one of the steps that the ridesharing service has taken — and is planning for the future — to work hand in hand with the real estate industry and other business sectors.

A company official detailed some of those other affiliations last week, speaking directly to a crowd of NAIOP New Jersey members and professionals in Elizabeth.