DCA marks payout of $232 million in COVID rent relief, launches eviction prevention program

The state has disbursed more than $230 million in federal funds aimed at providing relief to apartment renters and landlords impacted by the COVID-19 crisis, officials said last week.

NJAA lauds passage of bill to end state’s eviction moratorium

A bill that would wind down New Jersey’s moratorium on residential evictions is headed for Gov. Phil Murphy’s desk, drawing cheers from many landlords after months of uncertainty.

Retail leaders see a clearer path to recovery, despite continued uncertainty

Despite the enduring struggles of malls, further bankruptcies by large chains and other challenges to brick-and-mortar retail, industry leaders say the path to stability is becoming clearer. That’s especially true for properties that were fundamentally stronger before the pandemic, which are now drawing the attention of tenants in search of space. 

New Jersey needs turnkey lab space, faster approvals to compete for life sciences users

Experts say New Jersey faces a growing challenge: While it’s still a major draw for pharmaceutical research and development, speed to market has become increasingly important to life sciences users. That means the state’s lack of move-in-ready lab space — and its lengthy approval process for new construction — puts it at a disadvantage to competing markets.

Technology can be crucial to health, safety in post-COVID office buildings

With some office workers returning to work in New Jersey, landlords have taken steps to keep them safe and healthy in their buildings. Those steps involve not only physical upgrades and new on-site technology, but the use of apps and digital platforms aimed at keeping employees informed, engaged and connected.

NJAA cheers as $350 million rental assistance bill advances in Senate

A bill that would provide $350 million in rental assistance to apartment landlords and tenants has moved ahead in the state Senate, drawing support from the multifamily industry.

NJAA: State must act quickly with rental assistance, resist new mandates on landlords

The New Jersey Apartment Association has called for rental assistance since the earliest days of the pandemic, as it continues to defend against other legislative proposals that it says would have severe unintended consequences. In part two of his two-part column, NJAA Executive Director David Brogan discusses the ongoing need for assistance and the complexity of disbursing it even after it has been approved. He also highlights the potentially devastating effects to both apartment owners and single-family homeowners if lawmakers take actions that further curtail rent revenue.

Brogan: Eviction moratorium, questions on rental assistance still loom over apartment owners

It will soon be a year since the start of New Jersey’s COVID-19 outbreak, one that has rippled through the state’s apartment industry and left landlords with unease and uncertainty. In part one of a two-part column, New Jersey Apartment Association Executive Director David Brogan answers some of the biggest questions still facing the multifamily sector, including how owners of all sizes are dealing with nonpayment of rent and the ongoing eviction moratorium, along with the prospect of state and federal rental assistance.

Virtual tours, open houses providing exposure for commercial properties during pandemic

As pandemic continues, landlords and brokers have turned to virtual open houses and other tools to showcase their newly upgraded office buildings in New Jersey.

NJAA pushes back as Murphy calls for multiyear repayment plans for past due rent

The New Jersey Apartment Association is raising new concerns about a bill that would create long-term repayment plans for renters impacted by the pandemic, following Gov. Phil Murphy’s latest show of support for the measure during his recent State of the State address.