With more analysts predicting a “double dip” in real estate, the state government needs to offer generous incentives to brownfield redevelopers for their willingness to undertake such risky ventures. Moreover, a strong brownfields redevelopment policy is consistent with preserving open space and fostering Smart Growth principles. There are certain disincentives currently in place for brownfields redevelopment that need to be addressed by New Jersey legislative officials in order to help revitalize the thousands of brownfield sites that currently plague the state.» Read More
Going “Green” is one of the most talked about recent developments in the commercial real estate industry. The idea behind the concept is to reduce the impact of a building project on the health of its occupants and the natural environment by the efficient use of resources, protecting occupant health, increasing productivity, and reducing waste pollution and environmental degradation.