Dear NAIOP Members and Prospective Members:
Every dollar you invest with NAIOP NJ supports the promotion and protection of the commercial real estate industry. In recent months, NAIOP achieved the following on your behalf:
- New Waterfront Commission Regulations: In response to specific concerns raised by NAIOP and the commercial real estate industry, on May 26, 2015, the Waterfront Commission of NY Harbor approved regulations to clarify and limit its jurisdiction, and initiate a less burdensome and more practical approach to the policing of the warehouse industry. The Commission will now allow the industry to use a "self-certification" process whereby companies can certify compliance with the Commission's hiring practice requirements (by filing on an annual basis with a flat annual fee or, in certain circumstances, filing a Petition for Waiver of Ineligibility). This in turn exempts the commercial real estate industry from the Commission's audits, assessments, application and disclosure requirements. On March 28, 2016, the Commission published its new jurisdictional maps, which can be reviewed here.
- Reduced "Big Box" Fees: Effective May 16, 2016, the NJ Department of Community Affairs adopted new rules to adjust the calculation of municipal construction fees for large-volume warehouse and distribution centers (Class 1 buildings) by capping the height at 20 feet in an effort to bring fees in line with the associated work.
- Permit Review Law: Requires State agencies to periodically review the permits they issue to identify those that are obsolete, no longer needed, cost more than the benefits they provide, and/or can be administered through an expedited process.
- Funding for Structured Parking: Permits tax credits for municipal redevelopers under the Economic Redevelopment and Growth Grant program for certain mixed-use parking projects in Garden State Growth Zones. NAIOP is working on a statewide program for financing the structured parking that is critical to redevelopment.
- In Progress: Legislation to limit MLUL performance guarantees to publicly dedicated improvements, reform antiquated liquor license laws and more equitably deploy HDSRF funds; NJ DEP’s common-sense revisions of land use regulations; reform of excessive MLUL requirements; and identifying broad-based funding for affordable housing.
In addition to our advocacy efforts, NAIOP:
- Hosted 24 events giving you opportunities to make new connections, hear from industry leaders, learn about public policies that impact your business and earn continuing education credits.
- Enhanced member communications with a re-designed website, new YouTube Channel and more by-lines from members in newsletters.
- Ramped up engagement with Local Officials via the Public Policy Symposium, League of Municipalities programs, Collegiate Case Study Competition and Public Partner Awards to enhance prospects for commercial real estate development.
- Partnered with the Community Food Bank of NJ to feed the hungry and with Habitat for Humanity to build housing in Newark.
Our staff and volunteers work together every day on behalf of every member, and that is reflected in our current record-high membership: 745 members and counting. If you are not yet a member, what are you waiting for?
Dave Gibbons, President, Elberon Development GroupJoin Now