Government & Public Policy
‘Indistinguishable from rent control:’ Critics expect legal challenge to Newark law penalizing landlords, warn of development slowdown
The state’s commercial real estate industry is pushing back on a new ordinance in Newark that aims to limit rent increases at new, non-rent-controlled apartment buildings, arguing it will stifle development and the creation of affordable housing — while openly doubting its legality.
You can’t make it up: Newark’s thinly veiled rent control law is reckless (and illegal)
Newark Mayor Ras Baraka must have snuck into our recent seminar — The Newark Redevelopment Update — and heard the buzz about this proposed resolution because it appears he ran out and got it enacted into law immediately. What is so silly about his maneuver is the fact that it is clearly illegal and will be more than likely overturned rather quickly. So why pass such a resolution in the first place?
EDA unveils grant program for development, art projects in transit-served urban areas
The state Economic Development Authority has launched a grant program aimed at sparking new development and art projects in cities that are served by mass transit but saw a drop in commuter foot traffic during the COVID-19 pandemic.
Pennrose debuts new affordable housing in Glassboro for seniors, residents with disabilities
Pennrose has unveiled 64 new apartments in Glassboro for seniors and individuals with disabilities, following its $20 million redevelopment of a former public housing complex.
Berkeley Heights makes pitch for investment, development in new marketing campaign
Officials in Berkeley Heights are pushing to attract new private investment, while highlighting a wave of new development already taking place in the Union County township.
