In the News

New Jersey Awaits New Development Plan

National Real Estate Investor

June 26, 2012

According to this article, “New Jersey is planning for growth—with a new version of the New Jersey State Development and Redevelopment Plan.” “In New Jersey we have our mojo back,” said Ted Zangari.  The article continues, “The new State Plan relies on incentives instead of restrictions.  It supports sustainable development near existing infrastructure by focusing funding on these policy goals, including federal transportation dollars and state money to redevelop brownfields.  That’s a big change from the old state plan, which critics say ruled much of the state off-limits to development, leaving just ‘800 developable acres,’ said Zangari.”