With the recent approval of the first awards under Emerge, the state’s new jobs-based tax incentive program, officials and other insiders expect to see a measured pace of applications for a subsidy that was designed to be more discerning and targeted than its predecessor.
Greenbaum, Rowe, Smith & Davis LLP
Greenbaum, Rowe, Smith & Davis LLP represents a wide range of local, regional and national clients who are active in New Jersey’s real estate market. Our client base ranges from developers to REITS and private equity investors. The team also focuses on property owners, lenders, governmental entities and homeowners associations. We provide strategic counseling and related litigation support related to the acquisition, development, financing, leasing, operation and disposition of multifamily, mixed-use, commercial and industrial real estate.
New grants for New Jersey towns, cities could boost redevelopment opportunities
Business leaders are cheering the passage of a new economic development incentives law in New Jersey, following a two-year battle in Trenton and the added uncertainty of the pandemic. Yet some stakeholders are pointing to a far less heralded, less contentious piece of the New Jersey Economic Recovery Act as a key tool for spurring new investments around the state.
Real Estate NJ’s 2021 Market Forecast
After a year like no other, New Jersey’s commercial real estate industry is eager to turn the page. But many believe the pandemic’s impact will be felt for months if not years to come. As always, we’re here to help you make sense of it all with the help of some top developers, service providers and thought leaders. You can find their predictions for the year ahead and more in our special 2021 Market Forecast.