Government & Public Policy
NAIOP NJ unveils energy position paper, calls for state to slow timeline for full building electrification and focus on costs, grid reliability
State officials must slow the timeline for commercial buildings to become fully electrified, ensuring landlords will have reliable access to power and allowing policymakers to take a harder look at the costs and other hurdles to reaching that milestone by 2035.
Norcross, codefendants plead not guilty in racketeering case tied to Camden waterfront
South Jersey political boss George Norcross pleaded not guilty on Tuesday to racketeering and other charges in a high-profile case brought by the state, with prosecutors alleging he and others unlawfully secured lucrative tax credits and property in Camden for their personal gain.
A focused expansion: Scarinci Hollenbeck says it’s now a one-stop shop for real estate — with clear growth potential
It’s one thing to become the proverbial one-stop shop, as Scarinci Hollenbeck LLC has sought to do with a series of recent additions to its real estate department. But the Little Falls-based law firm has also keyed on what it sees as important growth areas in the space. That strategy is now taking shape at Scarinci, whose long-established real estate team has grown to 15 full-time attorneys from nine last summer, adding new expertise in everything from affordable housing and litigation to foreclosures and landlord-tenant disputes in the wake of the pandemic.
EDA approves $74 million tax credit, boosting award for planned 207-unit Newark high-rise
A project that would bring more than 200 new apartments to downtown Newark is moving ahead with expanded support from the state, securing approvals for up to $74 million in Aspire tax credits from the Economic Development Authority.
CBRE: Buyer wanted for Harrison ‘town square’ site with major residential, commercial phases
A major development site in Harrison is on the market for sale with approvals in place for 1,500 residential units, a 200-key hotel and large office and retail components.
