Among the many issues facing our nation, the availability of affordable housing, or lack thereof, is a problem that lawmakers have been trying to address for decades. Federal programs that either support the development of affordable housing or provide assistance to renters through vouchers have been woefully underfunded, and state and local elected officials are looking for solutions. Unfortunately, some have turned to rent control as an answer. But the reality is that rent control will not only fail to solve our affordable housing crisis, it will actually make it worse.
Last week’s “bomb cyclone” Nor’easter was no match for an annual event hosted by the New Jersey Apartment Association, which drew some three dozen lawmakers and more than 150 attendees despite torrential rain and bruising winds.
The New Jersey Apartment Association has made a new addition to its influential government affairs team.
Vantage Real Estate Services has hired a 35-year commercial real estate industry veteran as its new director of investment sales.
With six months to go as president of the New Jersey Apartment Association, industry veteran Steve Waters says he will continue his focus on both education and government affairs — supporting a membership that comprises more than 210,000 units statewide.
Newark’s dedicated blue-chip employers and anchor institutions have virtually all expanded or made commitments to grow, leading to billions of dollars’ worth of new commercial development. It’s a major reason why developers believe the time is right to, once and for all, bring new market-rate apartments to Newark’s central business district.
The state’s booming multifamily sector has been on display in recent weeks as developers and property managers celebrate their newest awards from the New Jersey Apartment Association.
Three multifamily owners and management firms took home the top honors at the New Jersey Apartment Association’s recent Garden State Awards of Excellence gala, where the organization recognized dozens of rental communities and service providers.
Dozens of state lawmakers met face to face recently with leaders in the multifamily sector, as the New Jersey Apartment Association hosted its annual political action committee reception.