WASHINGTON, DC—After all that angst, Congress left the tenets of the program unchanged until this September, when spending negotiations will begin for the following fiscal year.

TRENTON, NJ—Plenty of money is being invested in large industrial properties for distribution of ever-larger cargoes out of the Port of New York and New Jersey, but NJ State Chamber of Commerce president Thomas Bracken says the transportation infrastructure for those facilities needs to be upgraded as well.

NEWARK, NJ—Real estate development law firm Chiesa Shahinian & Giantomasi and Jones Lang Lasalle are shopping an extraordinary 5.2-acre site being sold by long-time owners for a mixed-use, transit-oriented development site located in Newark's vibrant Ironbound neighborhood.

CHICAGO—The aging of the nation's population will boost the demand for smaller, less expensive homes on infill locations in 2016 and beyond.