Development Magazine Winter 2013

Advocacy

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Terrorism Risk Insurance Program an Industry Priority in 2014 

The U.S. Capitol was consumed this fall with budget showdowns, government shutdowns and legislative gridlock. As a result, public policy issues of importance to the commercial real estate industry — including the future direction of tax policy, energy legislation and transportation funding — have been left unresolved. As we move into 2014, we can add to this list of unfinished business another item: renewal of the federal terrorism risk insurance program.

From the Archives: Advocacy Articles from the Previous Issue

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Koontz Decision Moves the Needle in Favor of Property Owners 

State and local governments, through their individual permitting and regulatory processes, play a critical role in the size, scope, and cost of all types of commercial real estate projects, from new development to the restoration of existing commercial buildings and warehouses. With 50 states and more than 89,000 local units of government in the U.S., the permitting and regulatory structure can be complicated, unpredictable, inconsistent, and/or bureaucratic, depending on the local jurisdiction.

NAIOP Participates in Congressional Briefing 

The “2013 State of the Real Estate Industry” luncheon and briefing held on July 17 — organized by NAIOP and hosted by the National Real Estate Organizations (NREO) — brought together trade associations, industry consultants, and nearly 100 congressional staffers to focus on the impact of real estate as a driver in economic growth.