Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.  

Greenbaum unveils new practice group focused on state, federal incentives

Greenbaum, Rowe, Smith & Davis LLP has formed a new dedicated, multidisciplinary team focused on helping clients secure state and federal incentives programs, including the newly adopted New Jersey Economic Recovery Act of 2020.

Newark: Developer of 270-unit rental tower lands PILOT, plans groundbreaking this year

The developer of a 270-unit apartment tower in Newark is eyeing a groundbreaking later this year after city officials approved a 30-year tax abatement for the project.

Greenbaum Rowe attorney tapped for newly created NJBA redevelopment counsel post

The New Jersey Builders Association has tapped a partner with Greenbaum, Rowe, Smith & Davis LLP for the newly created position of redevelopment counsel.

Murphy signs $14 billion incentive package

Gov. Phil Murphy has signed into law a bill that would create a seven-year, $14 billion package of tax incentives for key businesses and development projects in the state.

Lawmakers pass $14 billion incentives bill, with Murphy expected to sign

A bill to create a sweeping new program of business and development incentives in New Jersey is awaiting Gov. Phil Murphy’s signature after being passed by state lawmakers on Monday.