Economy

These assets are in high demand, but with the strong market, owners are more motivated than ever to sell.

The DEP will hold initial stakeholder sessions on potential rule changes beginning on Friday, Feb. 21 from 9 a.m. to 4 p.m., focusing on periodic monitoring and reporting of statewide greenhouse gas emissions, hosted by the DEP Air Quality, Energy and Sustainability program.

RiverRock's clientele of pension funds is looking for meaningful solutions to the environmental, social and governance issues that come with real estate ownership.

The reforms include the creation of an independent inspector general to oversee the EDA, a chief compliance officer within the authority, the annual recertification of awards with additional penalties for violations, and the Senate's advice and consent on the appointment of top EDA officials.

New Jersey US Senators Cory Booker and Bob Menendez joined 13 other Northeast Senators in a letter to FRA Administrator Ronald Batory that the agency finalize and approve plans to immediately advance the Hudson Tunnel Project into the design and construction phase, noting the project secured draft Environmental Impact Statement approval in 2017.

In 2019, there was increased investor appetite for office product outside of New York.