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.

Industrial
Manufacturer eyes move from Brooklyn after buying Clifton building

A home décor business is relocating from Brooklyn to an 80,000-square-foot industrial building in Clifton, under a transaction brokered by Team Resources Inc.

Residential & Mixed Use
Prism completes site plan, eyes start of construction for Woodbridge rental project

Prism Capital Partners is poised to move forward with its redevelopment of five acres in downtown Woodbridge, where it’s planning a mixed-use project with more than 230 apartments.

Policy Page
Logistics, workforce could help Jersey weather next downturn

With the incredible growth of this sector in recent years, could logistics help make New Jersey cliff-proof? I think so, but only if we take steps to address serious workforce challenges, especially those related to affordability and accessible transportation. With the increasing likelihood of a recession in 2020, we need to act now. The importance of the port region to New Jersey’s economy cannot be overstated, and continued investment is critical. We also need to solve the “last mile” conundrum that presents transportation and lifestyle challenges.

Residential & Mixed Use
Jersey City details plans for new hotel, residential project in Journal Square

Another site in the Journal Square section of Jersey City is slated for redevelopment, with plans calling for a mixed-use tower with 110 hotel rooms and more than 200 residential units.

Residential & Mixed Use
Developers, NJCU hail ‘game-changing’ project in Jersey City (SLIDESHOW)

The first of five mixed-use projects that will transform the campus of New Jersey City University has opened its doors on the west side of Jersey City.

Residential & Mixed Use
Affordable housing opens at former brownfield site in Jersey City (SLIDESHOW)

A developer has opened the doors to a new 64-unit affordable housing complex in the Greenville section of Jersey City.

Residential & Mixed Use
RPM hails fast start for historic townhome rehab at Fort Monmouth

The new first residential offering at Fort Monmouth is off to a fast start, drawing buyers for nearly a third of its 68 townhomes less than three months after hitting the market.

Roundtable
What infrastructure improvements does New Jersey need to support development for the next 20 years?

What infrastructure improvements does New Jersey need to support development for the next 20 years? We assembled a panel of industry experts to tackle this month’s question.

Government & Public Policy
East Brunswick issues RFP for prime Route 18 redevelopment site

Local officials in East Brunswick have put out a call to developers, seeking proposals to repurpose and revitalize a blighted shopping center on a busy stretch of Route 18.

Government & Public Policy
Murphy, lawmakers restore and expand public-private partnership law

Gov. Phil Murphy has signed legislation to allow developers to partner with government entities for projects on publicly owned land, reviving and expanding a popular law that has helped reshape several of the state’s college campuses in recent years.