Rent control is not a solution to our affordable housing crisis

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. 

NJAA members, lawmakers brave Nor’easter for annual PAC reception (SLIDESHOW)

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.

NJAA adds new VP of government affairs

The New Jersey Apartment Association has made a new addition to its influential government affairs team.

Vantage RES names new director of investment sales

Vantage Real Estate Services has hired a 35-year commercial real estate industry veteran as its new director of investment sales.

Hitting home: Professionalism, advocacy are long-held values for NJAA president

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.

Taking cues

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.

Developers, property managers hail successes at recent NJAA awards

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.

NJAA honors top multifamily operators, service providers at annual gala

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.

NJAA draws record crowd to PAC fundraiser with state lawmakers (SLIDESHOW)

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.

NJAA wins national honors for communications, website

The New Jersey Apartment Association has earned three national honors for its work in digital communications and editorial content.