Government & Public Policy
Plans to revamp mall parcels with new apartments, public space taking shape across New Jersey
Redevelopment is coming to some of New Jersey’s largest malls, as owners and local officials weigh plans to add apartments, health care facilities and vibrant public spaces meant to infuse them with new foot traffic. Proponents say the projects are essential to the long-term health of even the most successful assets. In other cases, they’re a potential lifeline to once-dominant shopping hubs that have become obsolete and seen their values plummet in recent years.
T&M Associates adds Vizzini as site development practice leader in Northeast
Consulting and professional services firm T&M Associates has tapped Mark Vizzini as its regional practice leader for site development in the Northeast.
VIDEO: The Newark Redevelopment Update
Watch the full presentation from our June 7 seminar, where the developers and insiders behind Newark’s most important commercial real estate projects debated the long-held opportunities and challenges in New Jersey’s largest city.
Perth Amboy names new areas in need of redevelopment to spark investment
A large stretch of downtown Perth Amboy is now an area in need of redevelopment under state law — as are several other sections of the city — allowing local officials to offer tax incentives, condemn blighted properties and take other steps to help revitalize the properties.
RPM lands $29 million Aspire tax credit for redevelopment of historic Trenton property
A plan to bring 120 new apartments to a historic property in Trenton is moving ahead with the help of more than $29 million in tax credits under the state’s Aspire program.
