NAIOP New Jersey has announced the finalists for its high-profile Deal of the Year awards in the industrial and office sectors.
Premature electrification: Will we really have the power to last?
I admire the governor’s confidence that our utility companies and infrastructure will be ready to satisfy this new desire for electric power. However, it is unclear if New Jerseyans will be clamoring for more electricity. Most New Jerseyans can neither afford the price of an electric vehicle nor the additional costs of electric appliances, nor the utility itself. Nevertheless, I applaud the governor for prioritizing the need to combat climate change through an accelerated target of 100 percent clean energy by 2035, ambitious goal-setting for electrification of the state’s building sector with an additional 400,000 residential and 20,000 commercial units by 2030 and collaborative planning for the future of the state’s natural gas utilities.
Reduce, reuse, recycle: Vintage Jersey properties are ripe for repurposing
As one of America’s original 13 colonies, New Jersey has a rich and historic past. This includes former industrial properties or commerce centers in urban areas, more recently developed office parks in the suburbs and older office buildings — many of which largely stand empty — in central business districts. These vacant relics — together and individually — can be transformed into new, vibrant centers for live, work and play.
