New Jersey & Company Magazine

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.

> Read More

Pages: 1 2

• Powerplay | • Email Article

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.

> Read More

Pages: 1 2

• Greening The Garden State | • Email Article

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.

> Read More

Pages: 1 2

• Energy Alternative | • Email Article

LAW+ | MARCH 2010

Cyber liability will be shaped this spring by cases before the U.S. Supreme Court and the New Jersey Supreme Court.

The U.S. Supreme Court’s decision to hear the case of a California police officer who sent sexually explicit text messages on a department-issued pager underscores the rising prominence of cyber liability and demonstrates the importance of a clear company policy regarding the use of the internet and social media sites.

> Read More

Pages: 1 2

• Law+ | • Email Article

FOCUS | MARCH 2010

Main Street NJ helps heal damaged downtowns.

Urban revitalization has long been one of New Jersey’s—and America’s—most problematic tasks. For positive results, the implementation of a special improvement district (SID) is crucial.

> Read More

Pages: 1 2 3

• Feature Focus | • Email Article

IN DIALOGUE | MARCH 2010

Power attorney Alan R. Hammer has seen companies, trends, and markets come and go. So what’s his idea of the perfect future? “Just keep doing what I’m doing.”

Alan R. Hammer is a renowned New Jersey real estate attorney and powerful real estate player in his own right. Hammer has steered his firm, Brach Eichler L.L.C. (formerly WolfBlock), through multiple incarnations, and even served as interim director of Kushner Companies when that firm passed through some very troubled waters in 2005.

> Read More

Pages: 1 2

• In Dialogue | • Email Article

PRO FORMA | MARCH 2010

Deals are possible in downtimes, but the Great Recession is proving problematic for debt financing.

Even in hard times, high-quality commercial real estate deals should still be possible. The question during this particular down cycle—a leftover question from 2009 and very likely one that will continue to be asked well into 2011—is whether investors and owners can get the debt financing they need to do deals, even those as straightforward as refinancing performing mortgages.

> Read More

Pages: 1 2

• Pro Forma | • Email Article

FOCUS | MARCH 2010

U.S. businesses—including New Jersey landlords and tenants—will soon be obliged to switch accounting methods, which will have a real-life impact.

Despite the Great Recession, the shift away from Generally Accepted Accounting Principles (GAAP) among U.S. companies and toward International Financial Reporting Standards (IFRS) remains something much more likely to happen than not.

> Read More

Pages: 1 2

• Feature Focus | • Email Article

FOCUS | MARCH 2010

Has the recession brought New Jersey new opportunities? Two experts think so.

With a new administration in place in Trenton, several new economic development initiatives in the works, and an apparent consensus that something needs to be done about New Jersey’s anti-business reputation, real or imagined, some members of the business community believe that, from the depths of the recession, New Jersey may be poised to regain its economic prowess.

> Read More

Pages: 1 2

• Feature Focus | • Email Article

NEXT? | MARCH 2010

Crossroads Companies, LLC leads supermarket development—even with challenges in stock.

Even in a tough economy, people still have to buy groceries, so perhaps it’s not surprising that supermarkets continue to be among the most successful community centers in commercial development. Rooted in traditional local general stores and corner grocers, today’s supermarkets provide the same necessity for any given neighborhood.

> Read More

Pages: 1 2

• Next? | • Email Article

CONCEPT | MARCH 2010

Lee & Associates brings an inventive business model to Little Falls.

With its name long familiar west of the Mississippi River, commercial brokerage firm Lee & Associates is expanding into a new frontier: the East Coast. With its first eastern branch opened in June 2009 in Little Falls, Lee & Associates introduces its comprehensive approach and innovative business solutions to New Jersey in hopes of growing its already well-established brand.

> Read More

Pages: 1 2

• Concept | • Email Article