NAIOP NJ Milestones
Michael Allen Seeve is President. The Economic Opportunity Act of 2013 gives NJ powerful incentives to attract new jobs & investments as effects of the Great Recession linger. EO 2014 clarifies that warehouse facilities, distribution centers & other logistics uses qualify for more attractive tenant investment thresholds, and provides new tax credits for redevelopers who donate substantial public infrastructure. The Super Bowl comes to NJ, and former NFL player Stephen Baker “The Touchdown Maker” speaks at the 2014 Annual Meeting & CRE Outlook.
Membership passes 700. Clark Machemer is President. DCA reins in excessive permit and inspection fees for “big box” buildings. Waterfront Commission of NY Harbor clarifies & limits its jurisdiction, and initiates a less burdensome approach to policing the warehouse industry. A stalemate over funding the Transportation Trust Fund leads to the shutdown of hundreds of road & bridge projects, but permanent funding is finally secured later in the year. The first College Competition is held. NAIOP NJ’s YouTube Channel debuts.
Dave Gibbons is President, and membership totals over 780, 136 of those are Developing Leaders. With support from the NAIOP Scholars program, Student Membership is over 100. NAIOP hosts a Gubernatorial Candidates Forum. The arrival of the largest cargo container vessel to call on the Port of NY & NJ marks completion of the “raise the roadway” Bayonne Bridge project, first advocated by NAIOP. NJ Transit directed to establish Office of Real Estate Economic Development & Transit-oriented Development. NAIOP Corporate celebrates 50 years. I.CON 2018 breaks all record, bringing over 900 to Jersey City.
Gene Preston is President. NJ’s Site Remediation Reform Act, under which more than 14,000 contaminated properties have been cleaned up and returned to productive use, is updated to expand some of the responsibilities of the LSRP, change some direct oversight provisions and update licensing requirements. NAIOP’s $1M Meals for NJ campaign raises over $333,000 for the Community FoodBank.
The COVID-19 pandemic shuts down much of the economy, but NAIOP successfully lobbies for most construction work to continue. Chapter operations go remote, education programs are presented online. NAIOP members provide space for field hospitals & logistics, donate hundreds of thousands of dollars to pandemic relief efforts & our food bank partners. The Permit Extension Act of 2020 applies to State permits in existence while the COVID-19 public health emergency is in effect. The 33rd Annual Commercial Real Estate Awards Gala/50th Anniversary Celebration is presented virtually.