NAIOP New Jersey has announced seven finalists for its coveted Deal of the Year honors, with plans to unveil the winners at its annual awards gala slated for early October.
The economic rebound is fueling job growth in office-using sectors, which comes as the state lifts requirements that employers accommodate telework arrangements. Now that the future has arrived, I am sure that all employers would agree that employees are the most critical resource for success. Striking the right balance for the new workplace will likely be case-sensitive, and will no doubt take some time and a great deal of patience.
NAIOP New Jersey has renamed its prestigious Lifetime Achievement Award in memory of the late Charles Klatskin, the pioneering developer and founder of Forsgate Industrial Partners, with plans to bestow the honor on his son at the association’s largest annual event.
Our state is making headlines these days in a number of good ways. One contributing factor is certainly geopolitics, the study of how place matters. While this term is more often used to describe countries and explain the origin and source of their wealth, culture and military strategy, we can also see how this applies at the state level.
As we seem to be nearing the final stages of the global pandemic with more people getting vaccinated, federal stimulus monies pouring into our state and a new federal administration that is much more friendly to New Jersey, many of us are feeling that 2021 is going to be a good year.
It’s always exciting when NAIOP New Jersey unveils the honorees at its annual gala, a must-attend event in the state’s commercial real estate industry. Slated for later in the calendar, on Oct. 7, in hopes that we can all actually gather in person, this year’s program is headlined by Peter D. Sudler of Sudler Cos. and the talented team at Gensler, who will receive the association’s Impact Awards.
You may have heard by now about the rush for life sciences space in the wake of last year’s COVID-19 outbreak, which could still continue even after the virus is under control. New Jersey, of course, should stand to benefit with a deep pool of intellectual talent that rose to the occasion in the nation’s fight against the pandemic. That’s the good news, but tapping into that demand remains somewhat complicated.
A bill that would allow building owners to obtain faster code inspections using third-party, private-sector agents has moved through the Legislature in recent weeks, raising the hopes of developers and other industry stakeholders who support the proposal.