Jennifer Mazawey Offers Insight on What May Come for New Jersey's Commercial Real Estate Industry in 2022 in Recent ROI-NJ Article

Genova Burns Partner Jennifer Mazawey, Esq. gives readers some legal insight into real estate predictions for New Jersey in 2022 in a recent ROI-NJ article.

Ms. Mazawey comments: "While COVID continues to throw a monkey wrench into certain commercial real estate sectors, there have been bright spots in several areas, including continued multifamily and industrial development.

With the influx of monies from the federal Infrastructure Investment and Jobs Act and the state incentive programs taking off in 2022, we will continue to see growth in New Jersey in these areas. New Jersey’s Aspire program will give much-needed assistance to residential and commercial projects in areas where it has been historically difficult to build with consistency.

Other New Jersey incentive programs will roll out in 2022 to help bridge financing gaps and bring important commercial projects to fruition. The cannabis industry will continue its positive impact on real estate development, as well, now that the regulations are here, applications are being submitted and municipalities are getting educated on how cannabis-related businesses can help their communities."

To access the full article, please click here.

About Jennifer Mazawey

Ms. Mazawey is a Partner at Genova Burns and serves as counsel for a number of significant commercial development projects. Ms. Mazawey's impact on the real estate industry is multifaceted, touching on industry, firm, and community. Not only is she a leader in her profession, but an example and an advocate for women seeking to follow in her footsteps. Ms. Mazawey also contributes significantly to the community at large.

Throughout her career, Ms. Mazawey has shown the drive and perseverance needed to have long-lasting impact in the profession. She rapidly ascended in the commercial real estate industry, even though it is traditionally dominated by men, to become one of the premier commercial real estate attorneys – not just women attorneys – in New Jersey. With her team, Ms. Mazawey represents a multitude of developers in all industries, including warehouse, multi-family mixed use, office and retail, to help them achieve their development goals. She provides counseling on all aspects of the development process and works with clients from concept to completion.