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
Rutgers study seeks to unravel debate over rental units and school children

A new study is shedding new light on a widespread, age-old debate between developers and local governments in New Jersey: Do new apartments mean new school-age children? According to the findings, the answer depends on several key factors.

Government & Public Policy
EDA grant program fueling retail, restaurant growth in Camden

Property owners in Camden have tapped into a state program meant to spur street-level retail and service businesses, adding to the resurgence of one of the city’s main thoroughfares.

Retail
Planning board OKs plan for Monmouth Mall makeover

Kushner Cos. and Brookfield Properties have cleared a key hurdle in their plan to transform the Monmouth Mall, winning a long-awaited approval from the Eatontown planning board.

Professional Services
McCarter touts new pro bono focus for Newark residents facing eviction

McCarter & English has launched a new initiative to provide pro bono legal representation to Newark residents who are facing eviction proceedings by their landlords.

Retail
Experts: Supreme Court’s ‘Wayfair’ ruling will have broader impact on taxes than real estate

A recent ruling by the U.S. Supreme Court will likely raise the cost of some online sales and provide an infusion of revenue for New Jersey’s state coffers, but its impact on commercial real estate may be limited.

Professional Services
PS&S announces eight promotions, including five new principals

Design and engineering firm PS&S has named five new principals, part of eight new promotions that took effect late last month.

Government & Public Policy
Amazon HQ2: Newark council approves $2 billion incentive package

Newark city officials have formalized a $2 billion incentive package meant to attract Amazon’s second headquarters project, one that could also be used to lure other companies that would deliver a similar economic impact.

Office
Teva moving to Parsippany from Pennsylvania, Murphy says

Teva Pharmaceuticals will move its U.S. headquarters to Parsippany from Pennsylvania, Gov. Phil Murphy said Thursday, bringing nearly 850 jobs and a commitment to occupy nearly 350,000 square feet.

Government & Public Policy
RWJBarnabas plans new health campus on Fort Monmouth parcel, state says

State officials have approved plans for RWJBarnabas Health to acquire a piece of the landmark Fort Monmouth property, where it will develop a large health campus in place of what is currently a defunct Cold War-era research complex.

Government & Public Policy
Lawmakers pass bill to create TOD office within NJ Transit

State lawmakers have approved a bill that would create an office of transit-oriented development within NJ Transit and require an annual inventory of the agency’s real estate holdings.