News archive

Congratulations to NJAA Members Named to NJBIZ Real Estate Power List

On November 21, 2016, eighteen NJAA members and NJAA Executive Director David Brogan were named to NJBIZ's 2016 Real Estate Power 75 list. This list is published yearly and recognizes 75 individuals who contribute to the real estate landscape in New Jersey.

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Over 150 Attendees and Dozens of Legislators Turn Out for NJAA PAC Reception

Thank you to all who attended and contributed to the NJAA PAC reception on Wednesday, October 26th. Held for the first time at the Pleasantdale Chateau in West Orange, we hosted dozens of legislators and mingled with over 150 key industry leaders. The night proved to be a huge success, and we thank you for your support!

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NJAA Supported Legislation Would Phase Out Estate Tax in Fifteen Months

The Assembly and Senate voted on Friday on a tax reform package, which was negotiated between Governor Christie, Senate President Sweeney, and Speaker Prieto. NJAA commends the governor and legislative leaders for taking this important step toward making New Jersey's tax climate more competitive with other states and making it easier for New Jerseyans to retire in their home state.

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President Obama Signs NAA/NMHC Supported Section 8 Housing Reforms

On July 29, President Obama signed into law H.R. 3700, the "Housing Opportunity Through Modernization Act of 2016.

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NJAA Supports Permit Extension Act Renewal for the Nine Counties Most Heavily Impacted by Hurricane Sandy

NJAA supported A-3617 (Green/Rible) S-2390 (Sarlo/Kyrillos), which would renew, for another year, the Permit Extension Act of 2008 for the nine counties most heavily impacted by Hurricane Sandy.

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NJAA Opposes Bill to Create Worker Retention Requirements for Certain Building Service Employees

NJAA testified in opposition to A-3907 (Giblin/Singleton/Quijano) and spearheaded a coalition of business and real estate organizations representing thousands of employers across the state in opposition to the measure.

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NJAA Testified Before Assembly Housing Committee on the Multifamily Industry's Successes in Providing Lead-Safe and Lead-Free Housing

NJAA provided testimony before the Assembly Housing and Community Development Committee on the multifamily apartment industry's efforts to provide lead-safe and lead-free housing to New Jersey's apartment residents. NJAA's testimony focused on the pre-existing federal and state regulatory framework aimed to address lead-based paint, and the multifamily industry's efforts to either remove lead-based paint where feasible, and to safely manage it where removal is unfeasible, by following lead-safe work practices. As a result of the industry's efforts, very few cases of lead-poisoning in children is ever sourced to professionally managed rental housing.

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NJAA Opposes Legislation Imposing Mandates on Businesses Utilizing State Incentive Programs

NJAA provided testimony in opposition to A-328, sponsored by Assemblyman Singleton, which would modify provisions of the Grow New Jersey Assistance (GROW) program and the Economic Redevelopment and Growth Grant (ERG) program to require, among other things, that participating businesses pay prevailing wage rates to building maintenance, custodial, and security workers.

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Jersey City Council Tables 30 Hour Workweek Ordinance as Well as Another Anti-Industry Ordinance Following Strong Opposition

The Jersey City Council tabled two ordinances that would have reduced needed workplace flexibility and created significant disincentives for businesses who operate in Jersey City. Due to the strong opposition against the ordinance, the council tabled the measures.

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NJAA Supports Measures that would Phase-Out New Jersey Estate Tax; Increase Tax Exclusion for Retirement Income

The Senate Budget and Appropriations Committee voted 9-0 to approve S-1728, sponsored by Senator Sarlo and Senator Oroho, which would incrementally phase-out New Jersey’s estate tax. New Jersey joins only one other state (Maryland) in imposing both inheritance and estate taxes, and New Jersey currently has the lowest exemption threshold in the country.

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DCA Adopts NJAA Supported Rule Change Concerning Retrofits of Windowless Basements

On Tuesday, February 16, 2016, the New Jersey Department of Community Affairs (DCA) adopted an NJAA supported rule change to address situations where many apartment buildings were considered to have windowless basements despite having full size doors that open to an outside stairwell leading to grade level.

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Governor Christie Vetoes NJAA Opposed Bill Authorizing Apartment Licensure Ordinances

On Tuesday, January 19, 2016, Governor Christie pocket vetoed S-3277, sponsored by Senator Cruz-Perez (D-Camden) and Assemblyman Burzichelli (Gloucester), which would have reversed the holding in Timber Glen v. Hamilton and allowed municipalities to license apartments. NJAA had requested a veto, and applauds the governor’s decisive action on this misguided legislation.

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