After multiple Supreme Court decisions over 50 years, the creation of the Council on Affordable Housing and its subsequent power stripping by the Supreme Court in 2015, over 60,000 units of affordable housing have been created. So, does that mean that the battle over affordable housing in New Jersey is over? Nothing could be further from the truth.
The New Jersey Apartment Association has made a new addition to its influential government affairs team.
Since 2015, more than 280 towns in New Jersey have signed settlement agreements for their affordable housing obligations, while a judge has determined the statewide need to be about 155,000 units and experts project that about 50,000 of those will be created by 2025. Frankly, the court process is way too far down the road to try and move it back to the Council on Affordable Housing or another state agency. But that is not to say there are not some issues worth discussing as we move forward.
The Garibaldi Group has continued its effort to bolster its sales team, announcing the addition of a new broker support analyst.
A crowd of hundreds turned out Thursday for Monmouth University’s 26th real estate awards dinner, honoring Ralph Zucker and Anthony Marchetta as part of an annual scholarship fundraiser and show of support for the university’s Kislak Real Estate Institute.
Monmouth University will honor Ralph Zucker and Anthony Marchetta at its upcoming real estate awards dinner, adding to the list of industry leaders to be highlighted at the annual event.
R.J. Brunelli & Co. has hired Peter S. Reinhart, the head of Monmouth University’s real estate program and a former longtime executive with Hovnanian Enterprises, to lead a new division within the retail brokerage focused on mixed-use developments.
The Stro Cos. has made three new hires to help support and expand its quickly growing portfolio.
Jay I. Kislak, an iconic figure in real estate and philanthropy, whose giving helped further education and culture in New Jersey and elsewhere, died Wednesday at his home in Miami. He was 96.
Hundreds turned out Thursday for Monmouth University’s annual real estate awards dinner, which marked its 25th anniversary and honored an executive with Rouse Properties for his role in the plan to transform the Monmouth Mall in Eatontown.