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
Murphy names new EDA board chair amid ongoing calls for reform

Gov. Phil Murphy has named a new board chair of the Economic Development Authority, tapping a fellow former Goldman Sachs executive as part of his plan to overhaul the agency.

Government & Public Policy
Offers wanted for two Fort Monmouth parcels, agency says

With several high-profile redevelopment projects taking shape at the Fort Monmouth property, state officials are seeking buyers for two additional parcels at the former U.S. Army post.

Hospitality & Tourism
HFF: West Orange buys country club property for $11.1 million

The township of West Orange has acquired a nearly 138-acre golf course property within its borders, under an $11.1 million transaction arranged by HFF.

Policy Page
Earth Day 2019 Rx: Focus on recycling

April 22 is Earth Day, always a great time to reflect on what we as citizens can do to make the planet a little greener: reducing waste, conserving energy, reusing or donating products and recycling.

Government & Public Policy
Newark awarded $24 million HUD grant for public housing upgrades

The federal government has awarded more than $24 million to the city of Newark to fund a series of major capital improvements to public housing properties.

Event Coverage
Holistic thinking, public-private approach remain a focus at New Jersey Future’s redevelopment forum

New Jersey Future’s annual Redevelopment Forum drew a crowd hundreds to New Brunswick recently, in a show of support for big-picture planning, adaptive reuse and public-private collaboration when it comes to development in the Garden State.

Residential & Mixed Use
Developers, HMFA unveil 48-unit affordable project in Ocean Township

A development team has completed nearly 50 new apartments in Ocean Township as part of the state’s ongoing effort to bring new affordable housing to areas impacted by Hurricane Sandy.

Government & Public Policy
Three more co-working locations join EDA program for rent grants

Three female-led co-working spaces have joined the growing list of locations that are eligible for rent support grants under a program offered by the state Economic Development Authority.

Government & Public Policy
Biotech firm, weighing 90,000 sq. ft. HQ in Plainsboro, wins EDA tax credit approval

The state has approved a 10-year, $12.8 million tax credit package to encourage a biotechnology company to expand in Mercer County, with the potential to take 90,000 square feet at a former Bristol-Myers Squibb headquarters campus in Plainsboro.

Government & Public Policy
EDA unveils new loan program for brownfields cleanup, redevelopment

State officials have added a new financial tool for property owners seeking to clean up and redevelop contaminated sites in New Jersey.