A Record Crowd Packed the Crestmont Country Club for Our Tenth Annual NJAA PAC Reception

A record crowd packed Crestmont Country Club on Oct 10th for the Tenth Annual NJAA PAC Reception and was treated to a spirited discussion between Deputy Assembly Speaker John Wisniewski (D-Middlesex), Assembly Republican Leader Jon Bramnick (R-Union) and Professor Ben Dworkin, Director – Rebovich Institute for New Jersey Politics at Rider University. The free ranging discussion covered such varying issues as next month’s gubernatorial and legislative elections, the 2016 presidential primaries, tax reform, long-term outlook for NJ’s structural budget deficit, and NJ Supreme Court nominations. Additionally, the two Assembly members also covered key legislative issues facing the multi-family industry in Trenton, including proposals on awarding of attorney’s fees, the Governor’s conditional veto of legislation trying to roll-back the decades-old new construction exemption from local rent control, and so-called “Ban the Box” legislation.

Many thanks to our special guests for taking the time during this busy campaign season to share a few hours with the NJAA and our members. As an industry, multi-family rental housing employs over 44,000 New Jerseyans, pays over $1 Billion in real estate taxes, and contributes over $5.7 Billion to the New Jersey economy annually. The better the multi-family industry can inform and educate elected officials and policymakers on the importance of rental housing to our state’s economy, the better New Jersey will be able to identify effective policy solutions to make rental housing more affordable, available and sustainable. Thanks as well to our generous PAC Host Committee members, including Michael Barry, William Dailey, Jonathan Gershen, Michael Goldberg, Michael Haydinger, Brent Kohere, Tom Kretsch, David Legow, Joe Spadaccini & Jeff Kurtz, Jeff Smith, and Steve Waters.