One of the state’s best-known commercial real estate families will receive NAIOP New Jersey’s lifetime achievement award this spring, headlining the honorees at the association’s annual gala.
My hope for 2020 is that our government officials will find the courage and willingness to tackle some thorny issues, including: overhaul New Jersey’s retirement and health care plans for state and school employees, consolidate school districts and remove barriers to allow regionalization of tax assessment, health services, municipal courts and fire and police services. If tackled, these measures will, over time, provide for better care and services to taxpayers while freeing up billions of dollars to invest in infrastructure, retraining and education programs and reducing the crushing tax burden on residents and businesses.
Times are good now for the commercial and industrial real estate industry, and those professionals that comprise NAIOP are an integral component in successful economic development projects. These same industry professionals also are doing great things for our fellow New Jerseyans.
Autonomous vehicle (AV) development is advancing quickly and will be here before you know it. With widespread adoption, AVs have the potential to substantially reshape transportation patterns and real estate demand. Municipal governments, through land use regulations and zoning, will play an important role in determining how transportation and land use evolves.
Commercial real estate leaders came together on Monday to honor a group of top advocates and service professionals, touting their work in public policy and in shaping the industry’s future.
As hiring and human resources decisions drive corporate real estate selection more than ever, New Jersey developers are responding by designing spaces and amenities that meet those needs, while expanding their focus on the labor markets around their project sites.
Current and accurate data on population shifts and consumer spending enables the real estate industry, government officials and businesses to make informed choices on investments and resource allocation.
Messaging from Trenton over the last several months, “airing dirty laundry” and delayed payments and responses to companies involved in the state’s incentive programs are scaring away legitimate businesses from setting roots in New Jersey. Businesses need certainty and clarity. Why don’t we pivot the conversation to one about how to make robust investments in our people and infrastructure without any further distractions and political roadblocks?
Technical changes to the 10-year-old Site Remediation Reform Act incorporate many lessons learned since the law was originally enacted, industry insiders said last week, as a bill that would update the program now awaits a decision by Gov. Phil Murphy.
Amid a strong economy and surging demand for consumer products, industrial remains one of the hottest segments in the commercial real estate industry. The strong demand for space is pushing industrial developers to innovate, leading to multistory distribution centers, on-demand space, robotics and online freight brokerage services