Technology
NAIOP NJ unveils energy position paper, calls for state to slow timeline for full building electrification and focus on costs, grid reliability
State officials must slow the timeline for commercial buildings to become fully electrified, ensuring landlords will have reliable access to power and allowing policymakers to take a harder look at the costs and other hurdles to reaching that milestone by 2035.
Genova Burns’ Sheehan named co-chair of NJSBA renewable energy, climate committee
The New Jersey State Bar Association has appointed Genova Burns LLC attorney Kenneth Sheehan as co-chair of its Renewable Energy, Cleantech and Climate Change Committee.
A new wave of data center demand is coming to New Jersey, but supply may be tighter than ever
Demand for data center space in New Jersey is surging on the back of Big Tech and the artificial intelligence arms race. And while a lack of electrical capacity may keep a lid on new supply, the owners of existing facilities are now racing to expand their footprints.
Dialed up
It seems rare to have an asset class whose inventory has largely stood still for a decade or more, yet that’s been the story for the data center market here in New Jersey, as developers and users have flocked to regions with lower costs and more abundant power...
LeFrak sees Newport office building, with abundant power and industrial-style construction, as a key draw for AI players
In a time in which access to power is at a premium — thanks largely to the needs of Big Data and artificial intelligence — a historic building in Jersey City’s Newport district has emerged as a potential destination for technology firms and other players in the space.
