ISELIN, NJ – The commercial real estate market has likely hit bottom, the impact of distressed debt has nowhere near played out, but there are signs of recovery. That was the overview of a panel of industry leaders moderated by Matrix Development president/CEO Joseph Taylor at yesterday's ICREW New Jersey breakfast meeting.
NEWARK NJ--Deputy Mayor of Economic and Housing Development Stefan Pryor, East Ward Council Member Augusto Amador, Federal Environmental Protection Agency Regional Administrator Judith Enck, and Ironbound Community Corporation Executive Director Joseph Della Fave announced the award of a federal $100,000 grant to the Ironbound Community Corporation to identify and address pollution problems in the East Ward, during a press conference which was held at the River Bank Park Field House.
ATLANTA--The GREENGUARD Environmental Institute (GEI) announces the addition of two new fully-accredited Continuing Education Courses to its Continuing Education Program.
WASHINGTON--Steven B. Hochhauser, senior vice president of Ingersoll Rand and president of its Residential Solutions business, will be speaking at the Great Energy Efficiency Day 2010 conference, hosted by the Alliance to Save Energy, as part of panel discussion Building for the Future: EE Technologies for Today and Tomorrow. The panel will explore how new technologies are improving energy consumption.
HASBROUCK HEIGHTS--DMR Architects has brought on Richard J. Trautwein, AIA, a veteran architect with over 20 years of experience, as a Senior Project Manager and Business Development.
NEW YORK, NY--Go Green Expo, the nation's largest eco-friendly trade and consumer lifestyle showcase, returns to New York on March 19-21, 2010, as part of a nationwide tour that also includes Los Angeles, Philadelphia and Atlanta. Building on last year's success, Go Green Expo 2010 -- which provides a comprehensive look at the growing green revolution -- is expected to attract thousands to this year's event.
ELMWOOD PARK--Langan Engineering & Environmental Services has announced that Karl Pehnke, one of the region’s most respected and accomplished transportation and traffic engineers, has joined the firm as an Associate.
MELVILLE, NY--The Long Island chapter of the US Green Building Council will host its third-annual Building Green Gala on April 28, 2010, at the Long Island Marriott and Conference Center in Uniondale.
NEWARK, NJ-- Members of The Coalition for Responsible Transportation (CRT) joined the leadership of the Port of New York and New Jersey at a press conference to announce CRT's strong support for the Port's adoption of an aggressive emission reduction program requiring the retirement of high-polluting trucks serving Port facilities.
PLAINSBORO--Demand for well-located multi-family investment properties like Deer Creek Apartments, which recently sold for $26.4 million in Middlesex County, in secondary commuter markets is gaining momentum, according to Gebroe-Hammer Associates of Livingston.
This week I had the opportunity to moderate and co-produce a panel with the SUNY New Paltz Environmental Task Force at SUNY New Paltz, "The Future of Gas Drilling in New York State," primarily focusing on the process of hydraulic fracturing in the Marcellus Shale formation, including parts that lay in the New York City watershed. Hydraulic fracturing, also known as "fracking," uses massive amounts of water and chemicals to access oil and gas trapped in hard-to-reach shale formations. The EPA has urged state regulators to further study the environmental impact of such techniques primarily because the federal government has no oversight in this matter.
NEW BRUNSWICK--During the 2009 gubernatorial campaign, candidate Chris Christie promised to end COAH and say "no" to state worker unions. In less than two months, now-Gov. Christie has made good on his promise to affect change in state government. He will discuss his administration's ongoing agenda in Trenton, including dealing with an unprecedented budget crisis, as the featured speaker at NAIOP New Jersey's Chapter Meeting on Thursday, March 25.
PRINCETON--Junior Achievement of New Jersey (JANJ) has announced that Michael Glickman of Cisco has been elected to their state board of directors.
MORRISTOWN--Jeffrey J. Oram, Director of Marcus & Millichap’s National Office & Industrial Properties Group, represented Bank Street Investment Partnership of Newton, MA in the sale of 2–8 Washington Street in Morristown.
CHARLOTTE, NC--The two office towers at Piedmont Town Center in SouthPark earned Leadership in Energy and Environmental Design (LEED) Gold certification from the U.S. Green Building Council.
DES PLAINES, IL--Gas Technology Institute (GTI) recently announced the opening of its Combined Heat and Power (CHP) & Renewable Energy Laboratory to provide greater capabilities for developing a wide variety of highly efficient, environmentally friendly renewable energy technologies such as solar thermal products.
LAKEWOOD--Lakewood’s Urban Enterprise Zone (UEZ) can offer businesses a wealth of benefits, such as tax breaks and incentives, and policy changes designed to make it easier for area businesses to meet UEZ qualifications.
POWERPLAY | MARCH 2010
Convenient commuting, infrastructure, and quality of life are bringing the Depository Trust & Clearing Corporation from Manhattan to Jersey City.
The Hudson River’s western bank has gained popularity in recent years among financial services companies that want a presence in Manhattan but find it too expensive to house their entire workforce there. This is especially true of Downtown-based operations, with the Fulton Street transit hub still a good five years from completion.
GREENING THE GARDEN STATE | MARCH 2010
New Jersey green roof professionals and developers want to make green roofs mainstream commercial features.
Predicted to be completely built out within the next 50 years, New Jersey, despite efforts to promote smart growth, is becoming less of a Garden State and more of a concrete jungle. But as urban sprawl increases, a few New Jersey-based landscape professionals and developers are hoping to bring the greenery back atop the unlikeliest of places: the rooftops of commercial and industrial buildings.
ENERGY ALTERNATIVE | 2010
New Jersey developers vie to create the nation’s first offshore wind farm.
New Jersey’s leadership role in the development of offshore wind energy was established five years ago, with the creation of the Jersey Atlantic Wind Farm, the first coastal wind farm in the United States.
